article thumbnail

Study finds EV buyers want rebates, not tax credits; government could have saved $2B

Green Car Congress

A study by a team from the George Washington University finds that not all financial incentives are created equal in the eyes of prospective car buyers, and the current federal incentive—a tax credit—is, in fact, valued the least by car buyers. The current federal electric vehicle tax scheme is a pain.

article thumbnail

How Do the Electric Vehicle Tax Credits Work?

Blink Charging

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. The good news is that there are now tax credits for individuals and businesses that buy or lease a new or used electric vehicle! First, the easy part: How do I claim the $7,500 EV tax credit?

article thumbnail

Group-buy Black Friday deal on 2015 Nissan LEAFs in Northern Colorado: $10,600

Green Car Congress

will have a special group-buy Black Friday opportunity to purchase a 2015 Nissan LEAF for just more than $10,000, saving up to $21,000 off the sticker price. Tynan’s Nissan will also provide its Nissan LEAF customers with six free days of an internal combustion engine vehicle rental for longer road trips.

Colorado 150
article thumbnail

Ansys releases pre-lockdown global survey on vehicle electrification

Green Car Congress

Before the COVID-19 pandemic lockdowns, engineering simulation software company Ansys commissioned a global survey of 16,037 adults resulting in some insights about consumer attitudes toward vehicle electrification. Nearly one-third of those surveyed already own an EV or plan to buy one within five years.

article thumbnail

Rivian (RIVN) stock gets a boost ahead of R2 launch with new buy rating

Baua Electric

Rivian stock scored a buy rating from Jefferies Finacial Group, suggesting over 45% upside potential. Rivian stock scores buy rating ahead of R2 reveal Rivian will reveal its more affordable R2 electric SUV at 10 am PT (1 pm ET) later today at its swanky new Laguna showroom. Meanwhile, there’s still plenty to be revealed later today.

Buy 52
article thumbnail

Conversion supporters petitioning Obama Administration to extend tax incentives to plug-in conversions

Green Car Congress

Entrepreneurs and advocates for electric and plug-in hybrid vehicles conversions have taken advantage of the platform to create a petition urging the Administration to extend the Qualified Plug-in Electric Drive Motor Vehicles (IRC 30D) tax incentives, currently granted for new plug-in vehicles, to plug-in conversions.

article thumbnail

European Emissions Regulations Drive the Toyota GR Yaris' Price Up By Almost 100 Percent

The Truth About Cars

That’s how the 2024 Toyota GR Yaris, a car powered by an (admittedly powerful and turbocharged) three-cylinder engine, costs nearly double its sticker price in France. but it’s clear we should all be thankful that we’re not facing steep taxes and penalties for continuing to buy gas vehicles.

Toyota 110