Baua Electric

MARCH 28, 2024

Kia expects the EV9 will qualify for the full $7,500 EV tax credit by early next year. Kia America’s head of corporate communications, James Bell, told Nikkei that moving EV9 production to its West Point, GA plant will enable it to qualify for a part of the EV tax credit. FTC: We use income earning auto affiliate links.

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Baua Electric

JANUARY 24, 2024

4s will qualify for the full US EV tax credit in 2024 – here’s the lowdown on eligibility. 4s with US-manufactured SK On battery components placed in service in 2024 will be eligible for the full $7,500 federal tax credit. AWD cars and 62 kWh Standard and S trims have SK-supplied batteries. VW 2023 and 2024 ID.4s

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CleanTechnica EVs

NOVEMBER 3, 2021

So, I may be getting ahead of myself by discussing upcoming EV tax credits. As currently written, they’d give GM and Tesla buyers access to the tax credits again, but give US-made and […].

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EV Life

JUNE 29, 2023

The bill puts forth several measures aimed at advancing decarbonization in the state, including tax credits for industrial facilities to implement emission-reducing improvements, new spending for geothermal energy projects and geothermal electricity generation, the construction of sustainable aviation fuel production facilities, and more.

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Baua Electric

JANUARY 3, 2024

You can score a 2023 Chevy Bolt EV for under $20,000 with new IRS rules allowing you to use the tax credit as a down payment. You can buy a Chevy Bolt EV for under $20,000 Rather than waiting until next year’s tax return, you can now use the EV tax credit at the point of sale. But you may want to act fast.

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The Truth About Cars

JULY 12, 2023

We’ve been hearing about the rise of electric vehicles for years, but while they are growing rapidly in number, there’s still a disconnect between an auto industry hell-bent on electrification and the desires of the people they rely on to buy new cars.

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EV Life

APRIL 7, 2023

Buying a new car is one of the most significant purchases you’ll likely make in your life, so you want to make sure you’re getting the best deal available. In California, the Tesla Model Y and Model 3 are the two best-selling cars of any kind in the whole state. Not anymore.

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Baua Electric

FEBRUARY 1, 2024

Ford F-150 Lightning (Source: Ford) A strong majority of car dealers complain the US government’s strategy is bringing them too fast into the electric vehicle future. The concerns about dealers have proved warranted. Electrek’s Take There’s no demand for EVs, but the best selling car in the world is electric.

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EV Connect

FEBRUARY 8, 2024

Leading auto dealers see that the near-term trend is electric and are adopting their businesses to sell more EVs. According to data from iseecars.com, Non-Tesla new car dealers selling electric vehicles in the U.S. Here are 3 reasons why public charging is a great opportunity for car dealerships: 1. percent to 55.1

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Teslarati

JANUARY 8, 2024

Sticker prices on electric vehicles (EVs) continued to trend downward in 2023 toward price parity with gas cars, as led by price cuts from market leader Tesla. Credit: Cox Automotive Cox points to Tesla’s price cuts, incentives, and increased options for affordable EVs hitting the market as reasons for the downward trend.

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Teslarati

JULY 11, 2023

A survey from Cox Automotive estimates that electric vehicle sales in the US auto market could surpass 1 million units for the first time in 2023. Electric cars currently account for about 6.5% For context, dealers have about 54 days’ worth of inventory for gasoline-powered cars. That’s up from 38% in 2021.

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EV Life

OCTOBER 21, 2023

As we enter the age of the electric car, federal and state governments have created a variety of programs , rebates, and grants to incentivize drivers to make the switch to zero-emission vehicles. Two sections of the law, 30D and 45W, detail individual tax credits and commercial tax credits, respectively.

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Teslarati

FEBRUARY 9, 2022

When Tesla CEO Elon Musk stated back in the Q1 2021 earnings call that he believes the Model Y will “quite likely” be the world’s best-selling car in the future, many were skeptical. The numbers from the California New Car Dealers Association’s new report would show that Musk is perhaps onto something.

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Baua Electric

FEBRUARY 27, 2024

The automaker now expects to begin building electric cars in the US in the fourth quarter of 2024, with the grand opening in the first quarter of next year. Hyundai initially planned to begin production early next year, but the automaker is plowing ahead with the $7,500 federal tax credit on the line.

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Baua Electric

JANUARY 30, 2024

Ford is instituting big discounts on the Mustang Mach-E for fleet customers, as well as a new program that allows dealers to use inventory as rental cars. The discount, which matches the amount of the federal EV tax credit the Mach-E no longer qualifies for, is reportedly aimed at spurring sales. 30, reports CarsDirect.

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EV Connect

AUGUST 22, 2022

With strong policy support and aggressive climate initiatives , prioritizing plug-in hybrids and fully electric vehicles makes more sense for auto dealers than ever. Despite the need, though, many auto dealers are hesitant to take on the significant cost of adding EV charging stations to their dealerships. In the U.S.

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Electric Auto Association

FEBRUARY 7, 2023

Fellows set out to purchase the new car in December, when, like now, EVs were difficult to come by. “I GM to the rescue “I attended the LA Auto Show and found that the best EV-buying tips came from Chevrolet,” Fellows recalled. “The We can’t allow the dealers to pull this on buyers. They have a lot of tricks up their sleeves.

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Baua Electric

JANUARY 25, 2024

Meanwhile, Hyundai said it expects the global auto market to continue growing in the future as the shift to electric heats up. Hyundai expects to sell around 300,000 electric cars in 2024, or about 12% growth from last year. Hyundai accelerated construction to take advantage of government incentives like the $7,500 tax credit.

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Teslarati

JULY 5, 2023

The China Passenger Car Association (CPCA) recently released its monthly report, revealing that electric vehicle maker Tesla was able to sell an impressive 93,680 cars over the month. Tesla’s results suggest that concerns surrounding supply chain disruptions and weak consumer demand for electric cars are gradually dissipating.

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Baua Electric

APRIL 23, 2024

Toyota is now leasing its one all-electric car, the bZ4X, for just $129/mo and $2k down. Toyota has been dipping its toe into the EV water, mostly focusing on hybrids rather than electric cars. As a result, Toyota has resorted to deep discounts on its electric crossover, making it one of the cheapest cars you can lease right now.

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Baua Electric

JANUARY 6, 2024

Which EVs made the tax-credit shortlist in 2024? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending January 5, 2024. The Kia EV9 is Green Car Reports’ Best Car To Buy 2024. The plan will include up to 50 dealers in the U.S. Which company faced a $1.7

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Teslarati

JANUARY 3, 2023

A new tool released by Recurrent Auto shows car buyers which used EVs qualify for federal tax incentives based on a simple VIN search. And to help those who want to purchase a used EV, the Federal government has introduced a tax incentive of $4,000. The vehicle must have a battery with a capacity above 7kWh.

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Baua Electric

JANUARY 16, 2024

A dealer bulletin shows that all versions of the 2024 Ioniq 6 are eligible for $7,500 in “retail bonus cash”—a rebate that can essentially be applied only to purchases, and not with Hyundai’s current low-interest financing, CarsDirect notes. Hyundai already gave the Ioniq 6 a $4,100 price cut for 2024 , versus 2023.

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Baua Electric

JANUARY 31, 2024

The market share of EVs won’t increase dramatically over the previous month, as automakers, dealers, and consumers digest new federal tax credit rules brought on by the Inflation Reduction Act (IRA) that went into effect with the start of the year, analysts anticipated. EV sales will reach 8.0% of the total U.S.

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Baua Electric

JUNE 2, 2023

We have a good relationship with the [dealer] network,” he mentioned. ” Di Si declined to mention what the ID Buzz’s first-year quantity goal for North The usa is, however the plant in Hanover, Germany, that produces the car has an annual capability of 100,000. “We cannot have markups.”

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Green Car Congress

FEBRUARY 9, 2018

Hyundai unveiled the redesigned 2018 Sonata Hybrid and Plug-in Hybrid models at the Chicago Auto Show. Sonata Plug-in Hybrid buyers are currently eligible for a $4,919 federal tax credit. No longer reserved for luxury cars, advanced safety technologies, such as Blind Spot Detection with Rear Cross Traffic Alert is standard.

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Baua Electric

FEBRUARY 29, 2024

The automaker confirmed that all new cars in Europe will be fully electric as it works toward an all-EV lineup by 2030. That would mean losing the EV tax credit and likely falling behind rivals as new, more advanced EVs hit the market. You can use our link to find great deals on the 2024 Nissan LEAF at a dealer near you.

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Baua Electric

MARCH 12, 2024

One of the biggest upgrades is the addition of Hyundai’s Connected Car Navigation Cockpit, including Wireless CarPlay and Android Auto. The R3X design was inspired by iconic rally cars of the past, like Audi and Lancia, with a modern spin. Hyundai expects models built at the facility will qualify for the $7,500 EV tax credit.

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Baua Electric

MARCH 11, 2024

Hyundai’s first three-row electric SUV debuted as the SEVEN concept at the 2021 LA Auto Show, suggesting it would go by the IONIQ 7. A new video from Shorts Car gives us a good look at the IONIQ 9’s size from all angles as it hits the streets for testing. FTC: We use income earning auto affiliate links.

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Baua Electric

JANUARY 17, 2024

Apple CarPlay and Wireless Android Auto support comes standard. Red details are also featured on the wheel and dashboard to give that sports car feel. That’s without their electric models qualifying for the $7,500 EV tax credit (only through leasing). FTC: We use income earning auto affiliate links. wide, and 62.2″

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Baua Electric

FEBRUARY 4, 2024

California New Car Dealers Association, Q4 2023 – data from Experian Automotive The update, coming from the California New Car Dealers Association, in a report out last week citing Experian Automotive data, notes that EV sales from franchised dealerships were up 94% from 2022 to 2023, while direct sellers posted a 29% rise.

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Baua Electric

FEBRUARY 8, 2024

The filing is classified under “automobiles, electric cars…trucks, lorries, [and] sports utility vehicles.” And that’s without its electric models qualifying for the federal tax credit (only through leasing). You can use our links below to find some of the best deals on Hyundai’s EVs at a dealer near you.

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Baua Electric

JANUARY 3, 2024

GM plans to reach out to consumers soon, and owners of the vehicles can take them to GM dealers for a repair full of charge, of course. Also, the Chevy Blazer does not qualify for 2024 federal tax credits, which will surely dampen sales as well. FTC: We use income earning auto affiliate links.

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Green Car Congress

SEPTEMBER 21, 2012

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. For example, an average plug-in hybrid vehicle with a battery capacity of 16 kWh would be eligible for the maximum tax credit of $7,500. Source: CBO. Click to enlarge.

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Green Car Congress

APRIL 29, 2014

Customers may be eligible for federal tax credits (which run up to $7,500) or state/local tax credits. The MY14 B-Class Electric Vehicle will be available beginning in mid-July to dealers in California; Connecticut; Maine; Maryland; Massachusetts; New Jersey; New York; Oregon; Rhode Island; and Vermont.

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EV Life

MAY 5, 2023

Federal EV Tax Credit To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car. Here’s a step-by-step guide to making an educated decision about electric car tax credits.

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Baua Electric

JANUARY 3, 2024

As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place.

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