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The EV Tax Credit: Buy Now or Wait Until 2024?

EV Life

The Treasury Department just released new guidance that will enable consumers to use their $7500 EV tax credits more like an upfront rebate starting in January 2024. However, new vehicle requirements are also taking effect that raise questions about which vehicles will still qualify for tax credits in the new year.

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How Do the Used and Commercial Clean Vehicle Tax Credits Work?

Blink Charging

Usually when discussing federal electric vehicle tax credits in the United States , most people are referring to the Clean Vehicle Credit (formerly the Qualified Plug-in Electric Drive Motor Vehicle Credit) for new EVs. But that’s not the only federal tax credit for buying an EV.

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NITI Aayog bats for incentives for LNG-fuelled commercial vehicles – ET Auto

Baua Electric

In its report on ‘LNG as a Transportation Fuel in Medium & Heavy Commercial Vehicle Segment’, the government’s think-tank has suggested setting up a demand aggregator company for buying LNG trucks, similar to Energy Efficiency Services (EESL) in the electric vehicle sector.

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How to Take Advantage of EV Charging Incentives for Fleets

Blink Charging

EV fleets offer benefits such as reduced fuel and maintenance costs , helping you achieve your sustainability targets , and even helping your business partners up and down your supply chain achieve their sustainability goals by reducing their Scope 3 greenhouse gas emissions. Here, heavy duty fleet owners can find: Funding information.

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First Steps to Installing EV Charging for Multifamily Dwellings

Blink Charging

Administered by the Internal Revenue Service, the Alternative Fuel Infrastructure Tax Credit is a location-specific incentive that provides a tax credit for 30% of the cost of installing electric vehicle charging infrastructure up to $100,000 for commercial properties, which include multifamily dwellings. Ready to get started?

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Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

In 1990, a CO2 tax was implemented and the country began to focus on establishing a greener transport system by promoting Norwegian EV production and adoption. Let’s take a look at the Volkswagen Golf versus the Volkswagen e-Golf as an example of how the tax scheme works in practice.

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Guide to California EV Incentives

EV Life

To accomplish this, California has introduced a number of tax credits, rebates, and grants aimed at reducing air pollution and encouraging California drivers to make the switch to low-emission or no-emission vehicles. The California Air Resources Board has compiled a list of local programs on the DriveCleanCa website.