CleanTechnica EVs

JUNE 4, 2021

As we reported recently, there’s a big cleantech bill moving through the US Congress that would revive, extend, and expand the zero-emission vehicle tax credit in various ways.

Tax Credit 135

Tax Credit Tax Plugin Congress 135

Green Car Congress

AUGUST 9, 2022

The Inflation Reduction Act , which the Senate passed last week, revamps the electric vehicle Federal tax credit of $7,500 ( earlier post ). 80% for a vehicle placed in service after 31 December 2026. It will also jeopardize our collective target of 40-50 percent electric vehicle sales by 2030.

Tax Credit 334

Tax Credit Tax Convert Batteries 334

CleanTechnica EVs

JUNE 15, 2022

Some experts argue that the current tax credit doesn't begin to address the needs for transitioning to zero emissions, all-electric transportation.

Tax Credit 98

Tax Credit Tax Congress Sale 98

Green Car Reports

DECEMBER 22, 2020

An $8,000 federal tax credit on qualifying hydrogen fuel-cell passenger vehicles has been extended through January 2022 though the latest economic stimulus bill passed by the U.S. The tax credit, called the Fuel Cell Motor Vehicle Tax Credit, had been due to expire at the end of the month.

Tax Credit 120

Tax Credit Tax Stimulus Fuel 120

CleanTechnica EVs

JANUARY 1, 2023

There’s something that’s been bugging me the last couple of days on social media. I don’t mean bugging me a little. I also don’t mean bugging me like Steve Urkel bugs Carl Winslow on Family Matters (in other words, a lot).

Tax Credit 144

Tax Credit Congress Tax Tesla 144

CleanTechnica EVs

AUGUST 8, 2022

Omar Qazi (@WholeMarsBlog on Twitter) has a very interesting take on the recent “Inflation Reduction Act” that is very cynical in regards to the EV tax credit. That doesn’t mean it is wrong, but it does go against my general rule of assuming people have good intentions.

Tax Credit 98

Tax Credit Tax Congress PHEV 98

Green Car Reports

DECEMBER 23, 2014

Tax incentives have proven to be an important way to encourage adoption of new green vehicles, offsetting some of the typically-higher purchase costs compared to conventional costs. Yet just as Toyota prepares to launch its 2016 Mirai fuel-cell car, a tax credit for hydrogen vehicles has expired due to inaction by Congress.

Tax Credit 119

Tax Credit Congress Tax Hydrogen 119

CleanTechnica EVs

NOVEMBER 3, 2021

I know it’s not wise to count your chickens before they hatch, especially when you’re depending on the US Congress for something. So, I may be getting ahead of myself by discussing upcoming EV tax credits.

Tax Credit 103

Tax Credit Tax Dealers Congress 103

Green Car Reports

NOVEMBER 30, 2018

Members of the lame-duck Congress all got letters on their desks Tuesday stating why the electric-car tax credit should be revised and extended.

Tax Credit 113

Tax Credit Tax Congress Plug-in 113

Plug in America

JANUARY 5, 2021

If you purchased a new electric vehicle (EV) or charging equipment in 2020, you may be eligible to receive valuable tax credits. If you have questions regarding these tax credits, we recommend that you consult your tax advisor.

Tax Credit 74

Tax Credit Tax Electric Vehicles Charging 74

Green Car Congress

JANUARY 6, 2020

After the US federal tax credit is applied, the cost of the Fisker Ocean drops to a starting price of US$29,999 (US). Fisker will also offer a “$0 drive off” option through a fully financed $2,999 down payment for credit-approved customers. Fisker is pricing its new Ocean electric SUV with an MSRP of US $37,499.

Tax Credit 243

Tax Credit Fisker SUV Tax 243

The Truth About Cars

MAY 27, 2021

Changes include raising the federal EV tax rebate ceiling to $12,500 and opening the door for automakers who already exhausted their production quotas. The post Senate Finance Committee Approves $12,500 EV Tax Credit Bill appeared first on The Truth About Cars.

Tax Credit 119

Tax Credit Financing Tax General Motors 119

CleanTechnica EVs

JUNE 13, 2022

You know something's screwy when Joe Manchin kind of makes sense.

Tax Credit 98

Tax Credit Congress Tax GM 98

EV Adoption

SEPTEMBER 7, 2021

One of the biggest complaints about the federal electric vehicle (EV) tax credit (IRC 30D) is that its structure of using a non-refundable tax credit is clearly more beneficial to higher-income households. How the Current Tax Credit Works For EV Buyers.

Tax Credit 59

Tax Credit Tax Parts Purchase 59

Electric Vehicles India

NOVEMBER 1, 2021

Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles . A proposed US tax credit for new electric bicycle purchases bumped backed up to a full 30%. The bicycle market in India is valued at USD 0.9 billion with 15 million bikes a year. billion, a fraction of the European market.

Tax Credit 79

Tax Credit Tax Electric Electrical 79

Green Car Reports

DECEMBER 13, 2017

tax policy for the first time in three decades are now being reconciled by a joint committee from both houses of Congress. Two bills from the Senate and House of Representatives that would radically reform U.S. No public hearings on those bills have been held in either chamber, and the legislation is closely guarded.

Congress 82

Congress Tax Credit Tax Electric Cars 82

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. Funded at $2.3 Funded at $2.3 Lead organization. Description.

Tax Credit 218

Tax Credit Tax Clean Cleaning 218

Green Car Reports

JANUARY 16, 2018

Rather to the surprise of electric-car advocates, the massive tax bill passed by the U.S. Congress in December did not eliminate the federal tax credit for purchase of a plug-in electric vehicle. That credit lets buyers take a credit of $2,500 to $7,500 on their income-tax filing in the year of purchase.

Tax Credit 78

Tax Credit Tax Electric Cars Congress 78

CleanTechnica EVs

AUGUST 3, 2022

This bill would establish a federal tax credit for businesses to purchase electric and plug-in hybrid […].

Purchase 142

Purchase Congress Tax Credit Commercial 142

CleanTechnica EVs

SEPTEMBER 15, 2021

By Jonna Hamilton, Director of Policy, the Clean Transportation Program at the Union of Concerned Scientists (UCS) We have been waiting with bated breath for the new version of the electric vehicle (EV) tax credit from Congress. Today, the House Ways and Means Committee, the House committee […].

Tax Credit 141

Tax Credit Congress Tax Clean 141

Green Car Reports

DECEMBER 14, 2017

income-tax credit for purchase of a plug-in electric vehicle will not be killed after all. We'll likely never know whether it was the influence of auto lobbyists, pressure from the actual public, or a letter signed by two dozen mayors. But however the sausage was made, it appears that the U.S.

Tax Credit 118

Tax Credit Tax Electric Cars Plug-in 118

Green Car Congress

MARCH 21, 2012

Colorado residents who purchase or lease a new Chevrolet Volt are eligible for a state tax credit of up to $6,000 in addition to a federal tax credit of up to $7,500 for a total price reduction of as much as $13,500. A tool to determine specific state or local electric vehicle tax credits is available here.

Tax Credit 231

Tax Credit Colorado Volt Tax 231

Green Car Congress

SEPTEMBER 1, 2020

Before the COVID-19 pandemic lockdowns, engineering simulation software company Ansys commissioned a global survey of 16,037 adults resulting in some insights about consumer attitudes toward vehicle electrification. Conversely, 39% of respondents would only buy an EV if gasoline-powered vehicles were no longer available.

Tax Credit 186

Tax Credit Global Vehicles Tax 186

Green Car Congress

APRIL 5, 2023

With Titan Silicon, automakers can benefit from up to a 15% reduction in battery weight and 20% increase in space, enabling higher vehicle efficiency and the addition of innovative designs and features. Sila offers an alternative anode material source for automakers that want to meet requirements for Inflation Reduction Act tax credits.

Range 446

Range Charging Tax Credit Lithium Ion 446

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 Reports

JANUARY 18, 2013

As part of the recent fiscal cliff deal passed by Congress, many green energy programs saw renewed focus and deadline extensions, allowing people to benefit from them for a little longer. Included in these programs is the Alternative Fuel Vehicle Refueling Property credit.

Tax Credit 127

Tax Credit Tax Congress Alternative Fuels 127

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.

Tax Credit 90

Tax Credit Tax General Motors Electric Cars 90

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. The first 255 Lucid Air customer cars will be Launch Edition vehicles.

Tax Credit 199

Tax Credit Tax Price Motor 199

Green Car Congress

SEPTEMBER 6, 2023

4 Standard AWD models feature larger, 20-inch aluminum-alloy wheels, and S Plus vehicles upgrade to 21-inch machined alloy wheels. 4 models are eligible for the full potential Federal Tax Credit of up to $7,500. Pricing for the 2024 ID.4 4 will be released closer to its on-sale date in early 2024. The 2023 ID.4

Tax Credit 284

Tax Credit Power Powered Tennessee 284

Plugs and Cars

DECEMBER 8, 2010

From Plug In America: Last year, Plug In America, along with electric vehicle and EV infrastructure manufacturers from coast to coast, worked with members of the House and Senate to get a critical plug-in vehicle infrastructure tax credit into the stimulus bill. And then you helped us get it passed!

Tax Credit 113

Tax Credit Tax Plug-in America 113

Green Car Congress

MARCH 13, 2012

California buyers of the Ford Focus Electric will be able to receive up to $10,000 in tax credits ($2,500 state, $7,500 federal) and enjoy high-occupancy vehicle lane (HOV) access after the car was just approved for California’s Clean Vehicle Rebate Program ( CVRP ).

Tax Credit 225

Tax Credit Los Angeles Tax California 225

Green Car Congress

DECEMBER 10, 2014

Total US sales of plug-in electric vehicles (PEVs)—battery electric and plug-in hybrid electric—have increased in recent years, but still represent only about 0.7% of new vehicle sales in 2014 so far, up from 0.6% Electric vehicles per 1,000 vehicles. sales and use tax. in 2013 and 0.4%

Plug-in 381

Plug-in Tax Credit California Rhode Island 381

Green Car Congress

MARCH 30, 2023

Power EV Index ( earlier post ), a new, advanced analytics tool that tracks the progress to parity of EVs with internal combustion engine (ICE) vehicles in the United States, this steady decline in price mixed with surging availability is setting the stage for a new era of EV price wars. According to the J.D. in January.

Price 404

Price Power Powered Tax Credit 404

Green Car Congress

JANUARY 19, 2023

Nikola Corporation has developed a heavy-duty, 700 bar (10,000 psi) hydrogen mobile fueler capable of direct fueling hydrogen fuel cell electric vehicles (FCEVs). Eligible non-drayage fleets may secure up to 30 HVIP vouchers and drayage fleets may secure up to 50 vouchers.

Hydrogen 218

Hydrogen Electric Vehicles Fuel Tax Credit 218

Green Car Reports

OCTOBER 8, 2015

Buyers of various Volkswagen TDI diesel vehicles took about $50 million in Federal income-tax credits in 2009 for the purchase of their supposedly green car.

Tax Credit 60

Tax Credit Tax Diesel Congress 60

Green Car Congress

JULY 24, 2012

Its eligibility for a $3,750 federal tax credit drops that to $29,995. Both Prius Plug-in models qualify for a federal tax credit of $2,500. —Michael O’Brien, Ford electrified vehicle marketing manager. C-MAX Energi also is expected to qualify for additional tax credits up to $1,500 in California.

Tax Credit 268

Tax Credit Plug-in Tax Ford 268

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 base MSRP of the ActiveHybrid 7 is $103,125 including destination and handling; the MSRP for the long wheelbase ActiveHybrid 7L is $107,025.

Tax Credit 186

Tax Credit Tax BMW MPG 186