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General Motors sidesteps loss of EV tax credit to offer big discounts for customers

Teslarati

General Motors is sidestepping the loss of the electric vehicle tax credit on its vehicles and will still offer a big $7,500 discount on cars for customers. In December, GM said it would temporarily lose eligibility for the credit on some of its cars. can qualify for EV tax credits.

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How Do the Used and Commercial Clean Vehicle Tax Credits Work?

Blink Charging

Usually when discussing federal electric vehicle tax credits in the United States , most people are referring to the Clean Vehicle Credit (formerly the Qualified Plug-in Electric Drive Motor Vehicle Credit) for new EVs. But that’s not the only federal tax credit for buying an EV.

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Survey: Dealers think Biden is moving too fast on EVs

Baua Electric

Dealers think the Biden administration’s EV policies are forcing the auto industry to move ahead of market demand, according to a new Automotive News survey. The publication’s 2024 Dealer Outlook Survey compiled responses from 208 U.S. car dealers and dealership managers. billion on EV infrastructure.

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Here are all the used EVs that qualify for a $4,000 tax credit

Baua Electric

January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.

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Here’s every electric vehicle that currently qualifies for the US federal tax credit in 2024

Baua Electric

As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place.

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Hyundai says its first EV plant will open this year to gain the $7,500 tax credit

Baua Electric

According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit. The site “is advancing ever day,’” according to Oscar Kwon CEO of the Hyundai Motor Group Metaplant America (HMGMA). billion EV megaplant in Georgia in October 2022.

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Alfa Romeo starts production of its first plug-in hybrid; Tonale offers 30 miles electric range

Green Car Congress

The Tonale PHEV will begin arriving at dealers in June. 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. kWh lithium-ion battery and 90 kW electric motor. The additional 1.3-liter

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