article thumbnail

EV tax credit rules get extension in big win for automakers

Teslarati

The electric vehicle tax credit rules got an extension on Friday as the U.S. Department of the Treasury will allow some crucial trace minerals from China to be included in anode materials and battery components to be exempt. The post EV tax credit rules get extension in big win for automakers appeared first on TESLARATI.

article thumbnail

Tesla models eligible for IRA tax credits in 2024

Teslarati

As everyone greets the new year, Tesla updated its website according to the Inflation Reduction Act’s (IRA) requirements for the electric vehicle (EV) tax credits. Most of Tesla’s other models—including the Model X—are eligible for the full tax incentives. The Teslarati team would appreciate hearing from you.

article thumbnail

Tesla ships more vehicles from China to North America

Teslarati

Tesla is shipping another batch of vehicles from China to North America as a second ship packed with all-electric cars built at Gigafactory Shanghai is on its way to Canada. Musk, said reports of the company shipping cars from China to the U.S. based customers to take advantage of the tax credits that make the cars more affordable.

article thumbnail

Chevy’s Bolt EV is a steal at under $20,000 using the IRS tax credit upfront

Baua Electric

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.

article thumbnail

Ansys releases pre-lockdown global survey on vehicle electrification

Green Car Congress

In India and China, 89% and 85% of respective respondents reported thinking about emissions when traveling. Nearly one-third of those surveyed already own an EV or plan to buy one within five years. Conversely, 39% of respondents would only buy an EV if gasoline-powered vehicles were no longer available.

article thumbnail

Yahoo Gets It Wrong — These Are The Reasons EV Market Share Is Lower In USA Than Europe & China

CleanTechnica EVs

published an article this week titled “Americans aren’t lining up to buy EVs — despite the new $7,500 Inflation Reduction Act tax credit. Here are the 2 big reasons why.” ” It’s an odd claim in the first place, and the arguments are wrong.

article thumbnail

Leasing vs. Buying EV Charging Stations

EV Connect

For these people, one of the main questions is whether to lease charging stations, or buy them outright. Tax Credits The biggest and most definite difference between leasing and owning an EV charging station are the tax incentives. Here are the factors to consider when making that choice.

Buy 68