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. In addition, the Sonata Plug-in Hybrid is eligible for HOV-lane access in certain states.

Plug-in 218

Plug-in Chicago 2018 Hybrid 218

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.

Mercedes 291

Mercedes Miles Rhode Island Range 291

EV Life

MAY 5, 2023

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.

Tax Credit 52

Tax Credit Tax Dealers Personal 52

Green Car Congress

OCTOBER 20, 2014

Europe has gasoline taxes over $4 per gallon and still finds the need to adopt aggressive performance standards for cars to reduce GHGs and oil use. Currently, nine states have done so: Connecticut, Maine, Maryland, Massachusetts, New Jersey, New York, Oregon, Rhode Island, and Vermont. But through a sustained commitment, they will.

2018 257

2018 California 2012 Plug-in 257

EV Adoption

NOVEMBER 26, 2021

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Passage by the Senate is far from a certainty and will require all 50 yes votes including from conservative-leaning Democrat Senator Joe Manchin of West Virginia to the Independent Senator Bernie Sanders of Vermont.

Tax Credit 116

Tax Credit Tax F-150 PHEV 116