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

Blink Charging

Beginning in 2023, there are two new EV tax credits: the Used Clean Vehicle Credit and the Commercial Clean Vehicle Credit. Now, let’s look at these new federal tax credits for used and commercial EVs in more detail. What is the federal US Commercial Clean Vehicle tax credit? What is the federal US Used Clean Vehicle tax credit?

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EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car. However, dealers are much less likely to educate you about the exceptions that may prevent you from accessing the full $7500 credit.

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EVs in demand! BYD Atto 3 and Tesla Model 3 fastest-selling used cars in Australia

EV Central

days to sell in March through dealers. With EVs registered after 1st July 2022 offering tax benefits through novated leasing, demand for these vehicles remains strong,” said Saxon Odgers, Chief Commercial Officer at AutoGrab. There were 48 Tesla Model 3s sold and they took an average 20.1 days to sell. Source AutoGrab.

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EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

Federal EV Tax Credit To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car. Watch out for car dealers who use phrases like ‘we guarantee you can get you the full $7500 tax credit.’ Not listed.

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How to Get the Federal Clean Vehicle Tax Credit This Year

Blink Charging

How this works: the automotive dealer will provide a credit to the buyer at the time of purchase which will act as a down payment or a partial payment for the EV. Then, when the dealer reports the purchase to the IRS, they are reimbursed by the federal government. Blink HQ 200 Want to be able to fully charge your EV overnight?

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Volkswagen and Audi launch sustainability programs for US introduction of e-Golf BEV and A3 e-tron PHEV; carbon offsets with 3Degrees and solar energy

Green Car Congress

Separately, Audi of America, also part of the larger Volkswagen Group, also announced its own carbon offset program for the Audi A3 Sportback e-tron plug-in hybrid (PHEV) ( earlier post ) with 3Degrees, as well as SunPower and Bosch partnerships. The 2015 e-Golf will go on sale later this year at participating dealerships in select states.

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It’s a buyers’ market! Tesla Model 3 and Tesla Model Y dominate  rapidly growing used EV sales in Australia

EV Central

That’s the findings from the Automotive Insights Report analysing March 2024 used car sales compiled by AutoGrab and the Australian Automotive Dealer Association. per cent while PHEVs grew by 8.9 Just 297 PHEVs were offered for sale in March 2024 with 147 sold. READ MORE: We buy a used Porsche Taycan!