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Upcoming Changes to the Clean Vehicle Tax Credit Explained

Blink Charging

To encourage clean and energy-efficient vehicle adoption, the United States government has made significant changes to the Clean Vehicle tax credit, to take effect from January 1, 2024. These changes make it easier for drivers to access tax credits when purchasing clean vehicles. What Is the Clean Vehicle Tax Credit?

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GM is giving a $7,500 incentive on EV models that lost tax credit eligibility

Baua Electric

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. GM to give $7,500 incentive for non-qualifying EVs Two weeks ago, GM said the new Chevy Blazer EV and Cadillac Lyriq would lose eligibility for the US EV tax credit at the beginning of 2024. 4, Ford Mustang Mach-E, and Nissan LEAF.

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Cadillac ramps up Lyriq electric vehicle output as battery supply grows – ET Auto

Baua Electric

. “It’s been a measured build up and launch as battery modules have become available and, now that we’re in a position with strong inventory, we’re seeing great sales performance,” Roth said, adding he had “high expectations” of that continuing. Lyric was one of a number of EVs that lost a U.S.

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Here’s how much money you’ll get with the Inflation Reduction Act

Baua Electric

Credit: Tesla The Inflation Reduction Act (IRA) is a “free electric bank account with your name on it.” It’s packed with rebates and tax credits that will help Americans purchase everything from EVs to solar and electrical appliances to heat pumps. We bought a US-made 2023 Volkswagen ID.4 More often than not, I fill them in.

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State Auditor says California may not meet 2030 GHG reduction goal; says aspects of CARB efforts lacking

Green Car Congress

Finally, despite requirements in state law and its own guidelines, CARB has been slow to measure the jobs its programs create and support—or the benefits of the specialized job training that certain programs are supposed to provide. training activities that its own guidelines require, the report found. Key recommendations.

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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?

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Are You Plugged In?

Revenge of the Electric Car

For all the fanfare, sales of electric cars are currently negligible (outside of golf courses, that is). Match the auto maker with its electric car: A. All will qualify for a $7,500 federal tax credit. Some of the first plug-in electric passenger vehicles are slated to roll onto U.S. streets later this year. Smiley face.

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