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Colorado Electric Vehicle Tax Credit Rises to $5,000

EV Life

Great news for drivers looking to purchase an electric vehicle in Colorado! But the most exciting part of the new bill for many Colorado residents is the expansion of an additional Colorado Electric Vehicle Tax Credit for qualified drivers looking to purchase electric vehicles. What Are Electric Vehicle Incentives?

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The EV Tax Credit: Buy Now or Wait Until 2024?

EV Life

The Treasury Department just released new guidance that will enable consumers to use their $7500 EV tax credits more like an upfront rebate starting in January 2024. However, new vehicle requirements are also taking effect that raise questions about which vehicles will still qualify for tax credits in the new year.

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Ford re-opens order books for Mach-E; higher range, lower pricing; all standard range models with LFP packs

Green Car Congress

MSRP excludes destination/delivery fee, optional equipment plus government fees and taxes, any finance charges, any dealer processing charge, any electronic filing charge, and any emission testing charge. The Mustang Mach-E qualifies for potential Inflation Reduction Act federal tax credits in 2023 of $3,750.

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These are the best 2024 Memorial Day EV deals so far

Baua Electric

Tesla Model Y Photo: Tesla As Electrek reported earlier this month, Tesla is offering 0.99% financing for 72 months on its 2024 Model Y through May 31. CarsDirect reported earlier in May that the $7,500 federal tax credit can make the Model Y $9,000 cheaper than a Model 3. Lease prices are currently unchanged. Get started here.

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These are the best 2024 Memorial Day EV deals so far

Baua Electric

Click here to find a local dealer that may have the 2023 Mercedes-Benz EQB-Class in stock. Tesla Model Y Photo: Tesla As Electrek reported earlier this month, Tesla is offering 0.99% financing for 72 months on its 2024 Model Y through May 31. Click here to find a local dealer that may have the Tesla Model Y in stock.

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Mullen Automotive scores $150 million in new capital, will put Bollinger B4 into production – Charged EVs

Baua Electric

Now Mullen has taken a positive step towards the big time, raising $150 million in new financing commitments. The company says the new infusion of cash will allow it to fund operations over the next 13 months, including putting Bollinger’s B4 electric truck into production.

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Hyundai fast-tracks start of EV production in the US as it gains recognition with its own day

Baua Electric

Hyundai initially planned to begin production early next year, but the automaker is plowing ahead with the $7,500 federal tax credit on the line. And that was without its electric models qualifying for the $7,500 EV tax credit (only through a leasing loophole). FTC: We use income earning auto affiliate links.

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