EV Life

OCTOBER 7, 2023

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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Baua Electric

FEBRUARY 27, 2024

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). Once up and running, Hyundai expects to build 300,000 EVs annually.

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Baua Electric

JANUARY 16, 2024

New incentives can make the 2024 Hyundai Ioniq 6 much cheaper than the newly updated Tesla Model 3, according to CarsDirect. The Ioniq 6 does not qualify for the $7,500 federal EV tax credit, but neither do the two Model 3 Highland variants released so far. and starts at $40,380 including destination.

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Baua Electric

MARCH 6, 2024

Hyundai’s new blacked-out IONIQ 6 is a “design-specialized package that expresses the sophisticated beauty of black.” After EV tax benefits, the Hyundai IONIQ 6 Standard starts at $37,500 (KRW 50 million). The Korean automaker also launched a new “EV Every Care” program for IONIQ 5, IONIQ 6, and Kona Electric purchases.

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Electric Vehicles India

DECEMBER 14, 2021

MoRTH issued a notification advising states to waive road tax on EVs, which in turn will help reduce the initial cost of EVs. If you are an EV manufacturer or EV Dealer or EV Supporter who want to share news related to electric vehicles on our website, please send an email to crm@electricvehicles.in.

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Electric Vehicles India

SEPTEMBER 28, 2021

The newly registered private EVs will get a tax refund. To develop e-mobility Rs 12 crore has been given as ‘e-mobility fund,’ which is used for the tax subsidy to 10,000 electric autos. 50% reduction in motor vehicle tax . The Kerala Finance Corporation will provide loans to purchase electric cars at an interest rate of 7%.

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Baua Electric

JANUARY 30, 2024

Polestar 3 (Source: Polestar) According to a memo sent to dealers viewed by online research firm CarsDirect , all 2024 Polestar 3 models now feature a $7,500 purchase discount. The discount is available “for all eligible lease, cash, and finance transactions.” The $7,500 “Polestar Clean Vehicle Incentive” is good through February 29th.

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Baua Electric

MARCH 12, 2024

Hyundai has yet to launch the new IONIQ 5 in the US, but prices stayed about the same in Korea at around 52,400,000 KRW ($39,400). 2024 Hyundai IONIQ 5 (Source: Hyundai) The 2024 IONIQ 5 starts at $41,800 in the US, but Hyundai has introduced significant incentives , including a $7,500 EV lease bonus and rare 0% APR Financing.

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Teslarati

MAY 24, 2021

The starting MSRP for the Lightning Pro is $39,974 before tax incentives, and it features a standard battery pack and a dual-motor power 4×4 equivalent to 426 horsepower. The F-150 Lightning Pro with an extended battery pack starts at $49,974 MSRP before tax incentives. .” 2022 Ford F-150 Lightning Pro.

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EV Life

JANUARY 4, 2024

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. On the other hand, new eligibility requirements have also taken effect, and some EVs didn’t make the cut. Which Electric Vehicles Still Qualify for the Tax Credit?

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Electric Vehicles India

MAY 6, 2021

It aims for the first 5,000 registered vehicles (electric) for ride-hailing services for four wheeler commercial passenger vehicles with 100% e road tax and registration fee exemption. of the financed amount for the first 6 months of their launch. For the latest electric vehicles news, follow electricvehicles. Cost analysis .

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My Energi

NOVEMBER 10, 2023

According to the results of a new YouGov survey commissioned by the National Franchised Dealers Association (NFDA), consumer acceptance of electric vehicles (EVs) continues to grow. To date this year, more than 260,000 BEVs alone have driven off dealer forecourts, with the Tesla Model Y now the fifth most popular new car in the UK.

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Electric Vehicles India

JUNE 11, 2021

The Government of India is continuously making efforts to bring the electric vehicles revolution in India through various initiatives be it providing exemption of tax on electric vehicles or providing incentives under the FAME II (Faster Adoption and Manufacturing of Hybrid and EV). Ministry of Finance (MoF).

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Clean Fleet Report

AUGUST 6, 2023

The big news, beginning in January 2024, all Ford EVs will be able to use Tesla Superchargers with an adapter. Note: EV pricing has been fluid during 2023, so check with your Ford dealer for the current pricing and financing offers. The Mach-E compares well to any EV, so visit your local Ford dealer to check it out.

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Electric Vehicles India

JUNE 17, 2021

The government’s encouragement to the move by investing $14 billion on direct purchase incentives and 25% tax deductions is continued help to the consumers and the manufacturers. China postponed the end of its New Energy Vehicle (NEV) subsidy scheme to 2022, to safeguard EV sales from the economic downturn. presented.”.

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Green Car Congress

JUNE 14, 2010

The good news? For details on what we’ve called “The Big Fix” beyond the following, see [link] —and we’ll continue adding back-up info at CalCars-News and elsewhere. The good news? Retrofitters can partner with energy service companies to finance those costs, backed by federal loan guarantees. Finally, it’s time to begin.

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Electric Vehicles India

JUNE 10, 2021

The bikes are available for the federal income tax credit with 10% of the purchase price. The max credit is also available of USD 2,500 and both the bikes such as Tarform Racer Edition and Scrambler Edtion are also available on finance options that start at USD 400 per month. Also, watch the related video here.

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Electric Vehicles India

NOVEMBER 11, 2021

According to an independent study by CEEW Centre for Energy Finance (CEEW-CEF), the EV market in India will be a US$206 billion opportunity by 2030 if India maintains steady progress to meet its ambitious 2030 target. The newly registered private EVs will get a tax refund. The global electric vehicle market size was USD 246.70

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EV Adoption

MARCH 9, 2021

According to a price survey conducted by BloombergNEF , automakers soon will be producing models that are “as affordable—and as profitable—as comparable combustion engine models, and without the help of tax subsidies.” Source: Bloomberg New Energy Finance.

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Charged EVs

SEPTEMBER 22, 2022

The recent passage of the Inflation Reduction Act—a sweeping package of tax, health care and climate measures—was like the happy ending to one of those heartwarming “Save Christmas” stories. The revamped tax credit scheme is clearly a great improvement over its predecessor. Unpacking the Inflation Reduction Act.

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