Electric Vehicles India

NOVEMBER 1, 2021

Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles . Yamaha Motor and Hero Motors Limited have signed an agreement that they will jointly establish a company to manufacture hub-mounted drive units for electric bicycles. The bicycle market in India is valued at USD 0.9

Tax Credit 79

Tax Credit Tax Electric Electrical 79

Green Car Congress

MARCH 16, 2017

Lucid Motors, a Silicon Valley-based electric vehicle company, announced that the base version of its first vehicle, the Lucid Air luxury sedan ( earlier post ), will have a starting price of $52,500 after federal tax credits. Up to 1,000-horsepower twin-motor configuration, with all-wheel drive. Aluminum roof.

Tax Credit 199

Tax Credit Tax Price Motors 199

Green Car Congress

DECEMBER 12, 2013

The US Department of Energy (DOE) announced $150 million in clean energy tax credits to 12 businesses to build US capabilities in clean energy manufacturing; $98 million of that goes to five automakers and suppliers towards investments in domestic manufacturing equipment. Ford Motor Company. General Motors Company.

Tax Credit 218

Tax Credit Tax Clean Cleaning 218

Green Car Reports

JANUARY 8, 2019

For a bunch of electric-car owning acolytes, our readers are surprisingly sanguine about the reduction and eventual expiration of plug-in tax credits on electric-car sales. We've reported extensively on the expiring tax credits, which will affect models from Tesla and GM in 2019.

Tax Credit 69

Tax Credit Tax Plug-in GM 69

Green Car Congress

MARCH 13, 2012

AMP Electric Vehicles has been qualified by the IRS for the Federal Plug-in Electric Drive Motor Vehicle Credit of $7,500, which applies to retail and fleet buyers. Some states offer additional sales tax exemptions and zero emission tax credits of up to $5,000 that can also be applied to the purchase.

Tax Credit 218

Tax Credit Tax Jeep SUV 218

Green Car Congress

APRIL 3, 2023

US customers who choose to lease their all-new Alfa Romeo Tonale can take advantage of a $7,500 federal EV tax credit. kWh lithium-ion battery and 90 kW electric motor. The plug-in hybrid powertrain features a 15.5-kWh The additional 1.3-liter liter turbocharged engine contributes to a best-in-class 285 horsepower.

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Plug-in Plug Miles Hybrid 435

Green Car Reports

DECEMBER 19, 2017

Senate and House of Representatives retained a number of provisions originally slated to be cut from the tax code. Among them was the federal income-tax credit for purchase of a plug-in electric vehicle. Three carmakers—General Motors, Nissan, and Tesla—have now used more than half.

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Tax Credit Tax General Motors Electric Cars 88

Green Car Congress

MAY 26, 2021

In its report of first quarter 2021 financial results and outlook, Lordstown Motors, a startup developing electric light duty trucks focused on the commercial fleet market ( earlier post ), said that the expected production of its Endurance full-size electric pickup in 2021 will be limited—at best 50% of prior expectations.

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Motor Motors Motoring Production 221

Green Car Congress

JUNE 4, 2010

The US Internal Revenue Service certified that the BMW ActiveHybrid 7 ( earlier post ) qualifies for up to a $900 tax credit under the Alternative Motor Vehicle provision. The ActiveHybrid 7 combines an electric motor with BMW’s 4.4-liter The ActiveHybrid 7 combines an electric motor with BMW’s 4.4-liter

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Tax Credit Tax BMW MPG 186

Green Car Congress

FEBRUARY 22, 2023

Hyundai Motor America announced pricing, packaging and a 53-kWh battery pack option for the IONIQ 6 electric vehicle. kWh, and two motor layouts, either a rear motor only or both front and rear motors for all-wheel drive. Eligibility for state tax credits is dependent on individual tax circumstances.

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Hyundai Miles Range Tax Credit 284

Green Car Congress

SEPTEMBER 15, 2021

4 models offer an 82kWh (gross) battery along with a permanent-magnet synchronous motor in the rear and an asynchronous motor in the front offering a combined maximum 295 horsepower and 339 pound-feet of torque. 4 AWD Pro has a starting MSRP of $43,675, before a potential Federal tax credit of up to $7,500. The AWD ID.4

EPA 418

EPA Miles San Diego SUV 418

Green Car Congress

MAY 4, 2023

Magnetic REE materials are used in electric vehicle motors, advanced military technology, medical devices, and much more. Source: NETL There is currently only one active mine for magnetic REEs in the United States, located near the Mojave Desert in California.

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Wyoming Coal United States Tax Credit 467

Green Car Congress

FEBRUARY 28, 2012

Toyota Motor Sales, Inc. Designed to promote the use of Zero Emissions Vehicles (ZEV) and related clean vehicle technologies, the CVRP is a consumer incentive made available in addition to a $2,500 Federal Tax credit. The 2012 Prius Plug-in also offers consumers eligibility for the State of California’s HOV lane sticker.

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Tax Credit Prius Plug-in Rhode Island 231

Green Car Congress

JANUARY 29, 2009

Buyers of a new 2010 Fusion Hybrid or Mercury Milan Hybrid this year will qualify for a $3,400 tax credit. The credit amount is based on a vehicle’s potential fuel efficiency. The 2009 Escape and Mariner Hybrid FWD models qualify for a $3,000 tax credit; 4WD models $1,950. Ford Hybrid Tax Credit Amounts.

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Tax Credit Fusion Tax 2010 150

Green Car Congress

JANUARY 29, 2020

Customers may receive the available federal tax credit of up to $7,500 making the net price $25,545 for the SE. The e-motor delivers 134 horsepower (an increase from 118 hp) and 218 lb-ft (296 N·m) of torque. The battery pack capacity in the 2020 IONIQ has increased from 28 kWh to 38.3 kWh (up 37%).

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2020 Hyundai Tax Credit Range 269

Green Car Congress

DECEMBER 9, 2009

The original biodiesel tax credit was passed in 2004 and has been extended twice. per gallon excise tax credit. However, the combination of volatile commodity prices and weak motor fuel demand caused by the worst recession in decades has severely impacted the biodiesel industry.

Tax Credit 170

Tax Credit Tax 2008 2004 170

Green Car Congress

APRIL 5, 2022

While US consumers can earn some tax credits by directly purchasing EVs, these subsidies only cover a small fraction of the car cost and apply to just some cars.

Hyundai 170

Hyundai Fleet Tax Credit America 170

Green Car Congress

DECEMBER 14, 2021

kWh—and two electric motor layouts—either a rear motor only or both front and rear motors for all-wheel-drive. Eligibility for the federal tax credit of up to $7,500 is dependent on individual tax circumstances. Customers can select from two battery pack options—either 58 kWh or 77.4

Hyundai 259

Hyundai Batteries Battery Tax Credit 259

Green Car Congress

AUGUST 1, 2023

In addition to informing crosscutting DOE priorities including the Critical Materials Research, Development, Demonstration, and Commercialization Application Program (RDD&CA), the DOE Critical Materials List will inform eligibility for tax credits under the Inflation Reduction Act 48C.

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Clean Cleaning Supplies Energy 370

Green Car Congress

SEPTEMBER 15, 2022

With a starting USmanufacturer’s suggested retail price (MSRP) of $53,995 (excluding $7,500 tax credit and $1,595 destination), the Willys 4xe brings a new entry price point to the Wrangler 4xe lineup, joining Rubicon 4xe, High Altitude 4xe, and Sahara 4xe. A second high-voltage motor generator is much more powerful.

Jeep 369

Jeep PHEV Tax Credit Volt 369

Green Car Congress

MARCH 8, 2010

Strong income tax credits for the purchase of new diesel, hybrid, and plug-in hybrid vehicles are very expensive and essentially ineffective at reducing GHG emissions from transportation. Purchase tax credits are an expensive way to reduce oil consumption and GHG emissions from transportation. —Morrow et al.

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Tax Credit Tax Emissions Fuel 220

Green Car Congress

APRIL 27, 2022

With acceleration from zero to 60 mph in the mid-4 second range with the extended-range battery, the freedom of a 10-kilowatt smart power plant on wheels, a starting price less than $40,000 before available tax credits and software updates that will make it even better over time, F-150 Lightning is attracting new customers to Ford.

F-150 370

F-150 Ford Production Tax Credit 370

Green Car Congress

APRIL 14, 2009

million in tax credits to four battery companies announcing plans to invest more than $1.7 The four companies receiving the tax credits and announcing plant plans are Johnson Controls-Saft Advanced Power Solutions LLC; KD Advanced Battery Group LLC; A123Systems Inc.; and LG Chem-Compact Power Inc. A123Systems Inc.

Tax Credit 150

Tax Credit Michigan Li-ion Tax 150

Green Car Congress

JANUARY 25, 2020

Audi anticipates that customers purchasing the 2020 Audi A8 TFSI e will be eligible for a federal tax credit of up to $6,795. liter, turbocharged V6 engine paired with an electric motor integrated into the torque converter of the eight-speed automatic transmission. Additional state incentives may also be available.

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Audi Plug-in 2020 Plug 332

Green Car Congress

JANUARY 19, 2023

BlueOval SK, a joint venture between SKO and US automaker Ford Motor Company, is building three battery manufacturing plants—one in Tennessee and two others in Kentucky. In the US, SKO has two battery manufacturing plants in Commerce, Georgia, with the second plant scheduled to be operational in 2023.

Tax Credit 210

Tax Credit Kentucky Lithium Ion Tennessee 210

Green Car Congress

FEBRUARY 23, 2022

4 models offer an 82kWh (gross) battery along with a permanent-magnet synchronous motor in the rear, offering 201 hp and 229 lb-ft (310 N·m) of torque. 4 AWD adds an asynchronous electric motor on the front axle. 4 starts at $40,760 MSRP for the rear-wheel-drive Pro model, before a potential Federal tax credit of up to $7,500.

EPA 259

EPA Miles Range SUV 259

Green Car Congress

AUGUST 8, 2022

The US Senate has passed the Inflation Reduction Act, with nearly $400 billion in funding over 10 years for climate- and energy-related programs; among the myriad provisions in the 755-page bill are changes to the electric vehicle Federal tax credit of $7,500. In the US, the Fisker Ocean starts at $37,499 in the base Sport.

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Tax Credit Fisker Tax Sale 321

Green Car Congress

FEBRUARY 24, 2021

Mitsubishi Motors North America, Inc. liter inline-four cylinder engine and a higher-output rear electric motor. liter inline-four cylinder engine and a higher-output rear electric motor. Starting MSRP remains the same as the 2020 model, just $36,295 before available state and federal tax incentives.

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PHEV Mitsubishi Batteries Battery 243

Green Car Congress

SEPTEMBER 5, 2014

On Thursday, Nevada Governor Brian Sandoval and Elon Musk, Chairman and CEO of Tesla Motors, confirmed what had been widely leaked the day before: that Nevada and Tesla had reached an agreement—subject to legislative review and approval—that will result in the state being the site for the Tesla Gigafactory. Earlier post.)

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Nevada Tax Credit Tax Tesla 252

Green Car Congress

JUNE 8, 2011

Mitsubishi Motors North America, Inc., Mitsubishi Motors agrees to provide information and recommendations on EV strategy and infrastructure. Mitsubishi Motors has selected Hawaii to be among the first states to receive the North American-spec production version of the Japanese auto manufacturer’s i-MiEV.

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Hawaii Mitsubishi i-MiEV Motor 247

Green Car Congress

JANUARY 15, 2013

Depending on location, some consumers may purchase the 2013 LEAF for as low as $18,800 with qualifying federal and state tax credits, putting the LEAF on par with gas-powered vehicles of its size. Eligible consumers can take advantage of a $7,500 federal tax credit, and some states and municipalities offer additional incentives.

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2013 Nissan Tax Credit Tax 360

Green Car Congress

APRIL 16, 2015

The US MSRP of Volvo Cars’ new XC90 T8 Twin Engine Plug-In Hybrid ( earlier post ) entry-level Momentum model is $68,100, not including any tax credit incentives or $995 destination charge. liter supercharged and turbocharged Drive-E engine and a rear axle electric motor. The T8 can achieve 394 hp and 0-60 mph in 5.7

Tax Credit 150

Tax Credit Volvo Engine PHEV 150

Green Car Congress

OCTOBER 29, 2019

While the MINI Cooper SE has an MSRP of $29,900, federal tax credits and state electric vehicle tax credits make the MINI Cooper SE even more attractive. The front-wheel drive electric motor generates 181 hp and 199 lb-ft of torque enabling the new MINI Cooper SE to go from 0 – 60 mph in 6.9

2020 210

2020 Tax Credit MPH Tax 210

Green Car Congress

OCTOBER 19, 2016

Senator Bob Wieckowski, the chair of the Senate’s Environmental Quality Committee and member of the Senate Transportation & Housing Committee who represents the district where NextEV is located, congratulated NextEV for recently receiving a $10-million tax credit through the California Competes Tax Credit program.

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California San Jose Tax Credit Vehicles 150

Green Car Congress

JANUARY 17, 2012

In a conference call held before market hours on 17 January, Tesla Motors Chairman, Product Architect and CEO Elon Musk and his executive team expressed confidence in the prospects for the upcoming Model S, Model X and the company. The Tesla Motors executive team also said they were confident about each of their areas of responsibility.

Tax Credit 210

Tax Credit Tax Tesla Motors Tesla 210

Green Car Congress

APRIL 14, 2017

General Motors will add more than 1,100 new jobs and invest $14 million in a new research and development facility for Cruise Automation in San Francisco. California Governor Jerry Brown’s Office of Business and Economic Development (GO-Biz) allocated an $8 million tax credit to GM Cruise for this expansion. Earlier post.)

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San Francisco GM California Tax Credit 150

Teslarati

JUNE 24, 2022

” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits. . “The purchase of the BEV Lease is to aid in our goal of delivering carbon neutrality by 2050 by controlling the vehicle battery through its life, keeping it in the Ford network.” battery production.”

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Ford Electric Vehicles Buy F-150 98