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Ford F-150 Lightning becomes Vermont Governor’s truck

Teslarati

Earlier this week, Governor Phil Scott of Vermont took delivery of a new Ford F-150 Lightning that will be part of the his fleet of vehicles that ensure secure transportation. In a comment, the Governor stated that the truck and EVs generally are a crucial part of the State’s plan to limit greenhouse gas emissions.

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EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car.

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.