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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

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The redesigned federal EV tax credit and other EV-related measures

Charged EVs

The provision that’s gotten the most press is a redesign of the federal EV tax credit—that’s only natural, because it’s the policy that’s most likely to directly affect the average consumer, and because politicians love to talk about tax breaks. The revamped tax credit scheme is clearly a great improvement over its predecessor.

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How to Take Advantage of EV Charging Infrastructure Tax Credits

EV Connect

Both state and federal governments are encouraging businesses and individuals to start making the switch to EVs, and they are putting up the funds to make it happen — in the form of generous, aggressive EV charging infrastructure tax credits. And good news — this tax credit has been extended through 2021.

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Nikola marks 100-salesorder milestone for Nikola Tre Hydrogen FCEV Class 8 truck; bolstered by HVIP

Green Car Congress

The California Air Resources Board (CARB) Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) program, played a significant role in securing many of the 100 sale orders that are expected to convert to purchase orders following the satisfactory completion of the demonstration programs.

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The Importance of Electrifying Municipal Vehicles

Clean Fleet Report

Converting to an all-electric fleet of municipal vehicles vastly reduces noise levels within city limits. With those tax credits, electric municipal vehicles make sense in terms of saving money. It also means that even if fuel prices fluctuate, the cost of powering municipal vehicles can stay roughly constant.

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Two case studies outline how Houston and Loveland are saving money with EVs in their fleets

Green Car Congress

Loveland needed to do something about rising fuel costs, and electric vehicles have proven to be a great solution, saving us about 41 percent overall compared to gas-powered vehicles. Loveland is now aiming to convert all of its light-duty fleet vehicles that work within a close distance of the city to EVs.

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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Converting a significant portion of the fleet to hydrogen would require more DRI plants and more electric furnaces. Most of the costs to make green steel come from operations, rather than capital costs. Green recycling is also a cost-effective and immediate solution.

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