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Business grants and tax breaks for widespread EV adoption

Innovation News Network

Learn about the key schemes and business grants available to businesses looking to increase EV adoption in their fleets or workplaces. The post Business grants and tax breaks for widespread EV adoption appeared first on Innovation News Network.

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CT legislature passes highway usage tax on heavy trucks

Green Car Congress

The Connecticut General Assembly has passed HB 6688 , a bill that imposes a highway use tax (HUT) on every carrier for operating, or causing to be operated, certain heavy, multi-unit motor vehicles (Class 8-13) on any highway (i.e., Revenue from the tax is directed to the Special Transportation Fund (STF).

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How to Get the Federal Clean Vehicle Tax Credit This Year

Blink Charging

The latest Clean Vehicle Tax Credits can be applied to the purchase of a new or used EV at the point of sale as of January 1, 2024. The Clean Vehicle Tax Credit for new EVs is worth up to $7,500 and the Previously Owned Clean Vehicle Tax Credit is worth up to $4,000.

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NOVONIX to receive $103 million in tax credits to support production of critical battery materials in Tennessee. – Charged EVs

Baua Electric

Battery materials and technology company NOVONIX has been selected to receive a $103-million tax credit under section 48C of the Qualifying Advanced Energy Project Allocation Program, to support production of critical battery materials at its Riverside facility in Chattanooga, Tennessee.

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kWh Billing and New EV Charging Tax Policies: What You Need to Know

Blink Charging

As a result, regulations and guidelines related to electric vehicles are changing frequently, and consumers and charging station hosts must be aware of new developments. As both EV adoption increases and internal combustion engine vehicles have become more fuel efficient, states are seeking to offset lost revenue from the gas tax.

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Taxing EVs – What’s Going On In New Jersey?

EV Club of CT

Once upon a time, there was free public charging. Well, there wasn’t that much charging infrastructure, but there were grants available for level. All graphics from CT Department of Transportation The Next Shoe to Drop? Read more

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UK chooses to axe electric vehicle grant programs as popularity skyrockets

Teslarati

Effective immediately, the United Kingdom has announced it will no longer supply EV grants for most consumer purchases. The grant system, launched in 2011 as part of a system to kick start the EV sector in the UK, has ended for most consumers, only leaving grants available for vehicles in niche and commercial uses.

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