Green Car Congress

AUGUST 9, 2022

The Inflation Reduction Act , which the Senate passed last week, revamps the electric vehicle Federal tax credit of $7,500 ( earlier post ). 80% for a vehicle placed in service after 31 December 2026. It will also jeopardize our collective target of 40-50 percent electric vehicle sales by 2030.

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Green Car Reports

AUGUST 12, 2022

Electrify America adds chargers at IKEA. Could the EV tax credit reboot break WTO rules? And not even industry insiders can verify the EV tax credit is coming back before the end of the year, so buy now. electric vehicle tax. Ralph Nader calls out Tesla Full Self-Driving. The revamped version of the U.S.

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Electrek

DECEMBER 29, 2022

The US Treasury has released new guidelines on the electric vehicle tax credit in the Inflation Reduction Act , which seem to suggest that leased vehicles can qualify for the EV tax credit even if they were assembled outside of North America, Reuters reports.

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Tax Credit Tax North America Cars 138

Teslarati

JANUARY 25, 2024

4 units with SK On battery components qualify for the Inflation Reduction Act’s (IRA) full $7,500 federal tax credit for electric vehicles. 4 units with batteries from SK On qualify for federal tax credits. 4 EV may choose to apply the tax credit as a down payment for the vehicle. The 2023 ID.4 Only VW ID.4

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Tax Credit Tax Batteries Battery 120

Teslarati

FEBRUARY 28, 2024

Hyundai Motor Group’s Metaplant America (HMGMA ) in Georgia will likely boost its electric vehicle (EV) sales in the United States. Hyundai shared that its focus on affordable and compact electric vehicles helped its EV sales in the United States. Hyundai Motor Group is investing $7.59 billion in HMGMA.

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Teslarati

JANUARY 2, 2024

Treasury’s updated guidance on the federal electric vehicle (EV) tax credit has officially taken effect. With some of Tesla’s vehicles losing access to the credit in 2024, one Model 3 configuration is currently looking more appealing than ever. However, sightings of the Model 3 Highland in the U.S.

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Teslarati

JUNE 7, 2023

Buzz will arrive in North America next year, and the German automaker wants to ensure its arrival runs smoothly. Volkswagen of America CEO Pablo Di Si warned dealers ID. The VW of America CEO revealed discussions with dealers about the ID. “We cannot make a mistake with this vehicle. The Volkswagen ID.

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Plug in America

JANUARY 5, 2021

If you purchased a new electric vehicle (EV) or charging equipment in 2020, you may be eligible to receive valuable tax credits. If you have questions regarding these tax credits, we recommend that you consult your tax advisor. Use IRS Form 8911 to claim this credit. Use IRS Form 8911 to claim this credit.

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Teslarati

APRIL 5, 2023

Tesla will be receiving lithium supplies from Quebec, giving it an edge in meeting the Inflation Reduction Act’s battery requirements for EV tax credits. A Major Source of Li in North America In a press release , Tesla lithium supplier Piedmont Lithium Inc. Tesla Ahead of the Curve Last week, the U.S.

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Electrek

OCTOBER 3, 2022

Georgia Senator Reverend Warnock introduced a new bill that would expand which electric vehicles qualify for a tax credit through the Inflation Reduction Act. The post Georgia Senator introduces bill that would allow Hyundai, other automakers to qualify for EV tax credit appeared first on Electrek.

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Electrek

DECEMBER 2, 2022

The Inflation Reduction Act , the major climate bill, was signed today , changing the availability of electric vehicle tax credits. Now, only EVs assembled in North America qualify for the credits. Today the US government released a preliminary list of which vehicles currently qualify for the $7,500 EV tax credit.

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Teslarati

MARCH 29, 2023

The United States Department of Treasury’s battery sourcing guidance might slash EV Tax credits from the Inflation Reduction Act (IRA). The Treasury will release the battery guidance for the IRA EV tax credits this Friday, April 1, 2023. The post US battery guidance might slash IRA EV Tax credits appeared first on TESLARATI.

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Tax Credit Tax Batteries Battery 96

The Truth About Cars

MAY 27, 2021

On Wednesday, the Senate Finance Committee advanced the Clean Energy for America Act making a few tweaks from earlier proposals. Changes include raising the federal EV tax rebate ceiling to $12,500 and opening the door for automakers who already exhausted their production quotas.

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Green Car Congress

SEPTEMBER 23, 2020

Volkswagen of America revealed the all-new ID.4 4 electric SUV—the brand’s first long-range EV to be sold in the US. A more powerful, electric all-wheel-drive variant with 302 hp will follow later in 2021. 4 also comes with three years of fast charging with Electrify America at no additional cost. feet, the ID.4

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Teslarati

MARCH 31, 2023

The IRS has updated its guidance relating to the Inflation Reduction Act’s (IRA) tax credit that applies to electric vehicles, with new rules coming into effect on April 18. Initially, the credits were set to only apply to vehicles delivered on or before March 31. For 2024 and 2025, this number will be 60 percent.

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Electrek

AUGUST 16, 2022

The Inflation Reduction Act , the major climate bill, was signed today , changing the availability of electric vehicle tax credits. Now, only EVs assembled in North America qualify for the credits. Today the US government released a preliminary list of which vehicles currently qualify for the $7,500 EV tax credit.

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Plug in America

DECEMBER 21, 2023

Clean Vehicle Tax Credits Clean vehicle tax credits kicked into high gear in 2023. New federal EV tax credits were expanded and updated, and credits for used and commercial EVs became available for the first time in January. Join us as we recap highlights from 2023 and flag big things to expect in 2024.

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Teslarati

MARCH 28, 2024

It appears that South Korean automaker Kia is taking some steps to ensure that its EV9 all-electric SUV will qualify for the full $7,500 federal tax credit in the United States next year. Currently, production of the EV9 is in South Korea, but Kia is looking to start manufacturing the all-electric SUV at its West Point, Georgia plant.

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Teslarati

AUGUST 17, 2022

Department of Energy’s Alternative Fuels Data (DOE) published a list of electric vehicles that are immediately available for the new $7,500 EV tax credit. The Inflation Reduction Act was signed into law yesterday and for electric vehicles, it changed a few things.

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The Truth About Cars

JANUARY 30, 2024

4, equipped with SK On battery components, will be eligible for the full $7,500 Federal Tax Credit. 4, which start at a base MSRP of $38,995 before the tax credit, a more budget-friendly option in the electric SUV segment. that qualifies for the full Federal Tax credit. 4 and how the tax credit enhances its accessibility.

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CleanTechnica EVs

APRIL 8, 2023

It has also added a RWD version of the Model Y for North America. Tesla has juggled its prices once again, lowering the price of the Model 3 RWD by $1,000 and the Model Y by $2,000.

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Green Car Congress

JUNE 16, 2020

Ford Mustang Mach-E owners in the US will receive 250 kWh of complimentary charging through FordPass Rewards at Electrify America fast-charging stations. To buy it, customers will be able to call or visit an electric vehicle-certified Ford dealership to order the home wallbox and have it delivered before their vehicle arrives.

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Baua Electric

JANUARY 5, 2024

Photo by Ron Cogswell on Flickr Tennessee has started the process of hiking its EV registration fee from $100 to $274 per year and beyond, aiming to continue hiking the fees in perpetuity, further increasing the disproportionately high taxes paid by EVs in the state as compared to gas cars. cent special petroleum fee “).

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EV Adoption

AUGUST 18, 2021

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). Elimination of the Manufacturer 200,000 EVs Sold Phaseout Threshold.

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Green Car Congress

SEPTEMBER 15, 2021

Volkswagen of America announced another round of fuel economy figures for the 2021 ID.4 4 electric SUV. 4 owners receive three years of unlimited charging at Electrify America DC Fast Chargers at no additional cost. 4 AWD Pro has a starting MSRP of $43,675, before a potential Federal tax credit of up to $7,500.

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The Truth About Cars

APRIL 17, 2023

With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify. Alternatively, the batteries can be produced from materials recycled in North America.

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Tax Credit Tax North America Chevrolet 97

Plug in America

JULY 12, 2023

EVs Can Save Up To $12,000 Over Their Lifetime The study considers various factors such as fuel costs, maintenance and repair expenses, purchase price, federal tax credits, financing options, and resale value. According to the report, owning an EV can save you anywhere from $6,000 to $12,000 over the vehicle’s lifetime.

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Electric Vehicles Vehicles Tax Credit Financing 87

Baua Electric

FEBRUARY 9, 2024

According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit. The site “is advancing ever day,’” according to Oscar Kwon CEO of the Hyundai Motor Group Metaplant America (HMGMA). Munoz said EVs produced at the new plant will qualify for the tax credit.

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CleanTechnica EVs

JUNE 3, 2023

When I saw the news that all Tesla Model 3 vehicles now qualify for the the full $7,500 federal tax credit, I knew it was time to write a new lifecycle analysis, or total cost of ownership (TCO) article. My last article like this (almost a year ago) was backward looking at the actual costs […]

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Tax Credit America Tesla Tax 145

Green Car Congress

MAY 11, 2023

Cirba Solutions, a comprehensive battery materials and management company for end-of-life batteries and gigafactory scrap, selected global professional services company Jacobs to expand manufacturing capacity for sustainable electric vehicle (EV) battery materials across North America.

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Tax Credit Batteries Battery Lithium Ion 218

Green Car Congress

SEPTEMBER 6, 2023

Volkswagen of America revealed that the 2024 ID.4 4 electric compact SUV is getting a major upgrade for its 82 kWh battery models, including a new performance drive unit that delivers greater performance and expected improvement to EPA-estimated range, an improved infotainment display, and a new premium audio system, among other features.

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EV Life

OCTOBER 7, 2023

The Treasury Department just released new guidance that will enable consumers to use their $7500 EV tax credits more like an upfront rebate starting in January 2024. However, new vehicle requirements are also taking effect that raise questions about which vehicles will still qualify for tax credits in the new year.

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Baua Electric

JANUARY 1, 2024

Photo by Mobilus in Mobili on Flickr As of January 1st, Kentucky has implemented not one but two new taxes on electric vehicles, both of which are individually higher than what gas vehicles pay on similar units of energy. If that tax were calculated on a per-kWh basis, it would be about 0.85 Kentucky State Capitol.

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Green Car Congress

FEBRUARY 22, 2023

Hyundai Motor America announced pricing, packaging and a 53-kWh battery pack option for the IONIQ 6 electric vehicle. Eligibility for state tax credits is dependent on individual tax circumstances. Customers can select from two battery pack options, either 53 kWh or 77.4

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Hyundai Miles Range Tax Credit 284

Teslarati

DECEMBER 14, 2021

The longtime politician called for a change in the country’s tax code so that Musk would “stop freeloading off everyone else.” “Let’s change the rigged tax code so The Person of the Year will actually pay taxes and stop freeloading off everyone else,” Warren wrote. That’s not trivial.

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Teslarati

APRIL 22, 2024

Ford battery supplier SK On remains bullish on EVs despite past challenges SK On is working hard to expand its business, especially in North America. The two companies plan to build a 35 GWh battery facility to produce enough cells for 300,000 electric vehicles. In January 2024, Volkswagen ID.4

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The Truth About Cars

SEPTEMBER 5, 2023

It found that, while EV adoption rates were increasing nationwide, there are plenty of places in America that now appear to be shunning electrified automobiles.& The study suggested battery-electric sales comprised 8.6 Power looked into the latter issue, hoping to identify purchasing trends around the United States.

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