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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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Honda selects environmental consulting firm Gladstein, Neandross & Associates to support market development for Civic Natural Gas in new US markets

Green Car Congress

GNA will collaborate with Honda to market the Civic Natural Gas sedan in 19 states spanning the Mid-West to Northeast and Mid-Atlantic regions including the District of Columbia. The Civic Natural Gas is the only OEM-built, compressed natural gas (CNG)-powered passenger car assembled in the US. Earlier post.)

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Chevrolet begins taking orders in all 50 US states for 2012 Volt; $1K drop in starting price

Green Car Congress

The suggested retail price for the Volt will start at $39,995 (or $32,495 assuming a full federal tax credit of $7,500, which is subject to the customer’s eligibility). The price includes an $850 destination freight charge but excludes tax, title and license fees.

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ICCT study finds state EV incentives playing a significant role in driving sales

Green Car Congress

A statistical regression revealed that the total monetary benefit to consumers from state incentives significantly positively correlates with BEV sales when all 50 states and the District of Columbia are included. Source: ICCT. Click to enlarge. In other words, these incentives are effective at driving BEV sales.

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