article thumbnail

Rhode Island’s DRIVE EV program encourages sustainable transport

Teslarati

Why Tesla Model Y tax credit inclusion is good for some and bad for others Used EVs are also a part of the program but offer smaller rebates. The rebates can be stacked with the federal EV tax credits, which can offer as much as $7,500 off of qualifying EVs. Supply chain constraints have made getting some new vehicles tough to come by.

article thumbnail

Driving Green Initiatives: Direct Pay Tax Incentives for Local Governments

Blink Charging

To address this challenge, federal tax credits that offer elective pay , commonly known as direct pay, can be a valuable tool to help communities finance climate change mitigation and resilience projects that were previously too expensive. Direct Pay is a powerful tool for local governments to expedite their investments in clean energy.

Tax 52
article thumbnail

How to Save Big on a Tesla with Colorado’s New EV Tax Credit

EV Life

Colorado is one of the newest states looking to accelerate widespread EV adoption through aggressive financial incentives, introducing an electric vehicle tax credit for its residents in 2023. Effective July 1st, 2023, Colorado drivers purchasing new electric vehicles under $80,000 MSRP now qualify for a $5,000 EV tax credit.

article thumbnail

Independent study confirms cost savings & emissions advantages for heavy-duty trucks running ClearFlame’s engine technology

Green Car Congress

The study was conducted by Gladstein, Neandross & Associates (GNA) and commissioned by ClearFlame, whose investors include Bill Gates-founded Breakthrough Energy Ventures, John Deere, Mercuria, and Clean Energy Ventures. —Patrick Couch,, GNA study author.

Emissions 370
article thumbnail

Report Finds That Urgent Changes in Transport Financing Required to Enable More Sustainable Transportation Globally

Green Car Congress

Export credit agencies that shift their focus towards facilitating the diffusion of sustainable transport vehicles and promote sustainable infrastructure investments. The private sector, given the right market signals, that can invest in and create new technologies and services that support sustainable transport.

article thumbnail

Buyers Guide: Budget EV Options for Clean Transportation

Clean Fleet Report

Price is one of the most significant roadblocks to clean transportation. Despite these trends, there are still affordable clean cars on the market today. Here are five budget options for sustainable transportation (with links to further Clean Fleet Report tests and news). Mini Cooper SE. Hybrid Cars.

Clean 52
article thumbnail

How EV Charging Supports Healthcare Facilities

Blink Charging

But sustainability is not just a marketing technique for attracting patients and staff. As the American Lung Association’s (ALA) Driving to Clean Air report found, switching to 100% zero-emission new vehicle sales and clean energy generation by 2050 could lead to: $978 billion in public health benefits 89,300 fewer premature deaths 2.2