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Senate Finance Committee Approves $12,500 EV Tax Credit Bill

The Truth About Cars

Changes include raising the federal EV tax rebate ceiling to $12,500 and opening the door for automakers who already exhausted their production quotas. The post Senate Finance Committee Approves $12,500 EV Tax Credit Bill appeared first on The Truth About Cars.

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Which EVs Still Qualify for Federal Tax Credits?

The Truth About Cars

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. But it’s kind of a clunky interface so we’re just going to list them here for you.

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BMW is Willing to Pay to Attract Customers from Other EV Brands

The Truth About Cars

While not currently eligible for federal tax credits, BMW’s EVs can be leased to receive the $7,500 discount others get. Kia recently announced $5,000 off the brand-new EV9, and General Motors has discounted some of its models that lost federal tax credit eligibility. Image: BMW] Become a& TTAC& insider.

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Toyota Re-Launched Land Cruiser “70” in Japan

The Truth About Cars

That’s a mill which also probably wouldn’t play well with regulators around these parts, by the way, despite belting out around 200 horsepower and likely returning good fuel economy in the process. The outfit apparently includes insurance, tax, maintenance, and the like; signing up can be done online or at a Toyota dealership.

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Driving the sales of electric vehicles

Clean Car

So this blog is about how we accelerate the take up of EVs and how CleanCar can help. The UK Government has legally committed us to achieving a net-zero carbon economy by 2050. Most notably, in April 2020 a raft of tax related changes were brought in, which made huge changes to National Insurance and Benefit in Kind treatment of EVs.

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Electric Vehicle Adoption Divide Mapped

The Truth About Cars

Power ranked for EV adoption overlap with states that had the most policies for scaling deployment of EVs and building charging infrastructure, according to a July scorecard by the American Council for an Energy-Efficient Economy. Those states are California, Colorado, Massachusetts, Washington, Oregon and Maryland.

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Build & Price Appears for 2024 Ford F-150

The Truth About Cars

Our nickel’s worth of free advice is to study the pickup’s window sticker as thoroughly as one would examine tax forms. Economies of scale are a wonderful thing. That way, you won’t accidentally drive off in an F-150 which can’t tow the family RV thanks to the wrong rear-end gear. Equivalently powered by the now-standard 2.7L

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