Blink Charging

NOVEMBER 16, 2023

To encourage clean and energy-efficient vehicle adoption, the United States government has made significant changes to the Clean Vehicle tax credit, to take effect from January 1, 2024. These changes make it easier for drivers to access tax credits when purchasing clean vehicles. What Is the Clean Vehicle Tax Credit?

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The Truth About Cars

DECEMBER 7, 2023

Earlier this year, the rules around EV tax credits seemed to be changing every other week. While things have calmed down since then, we’re about to see more action on the topic, as the Treasury recently released new guidance on battery materials sourcing that will upend credits for some EVs.

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The Truth About Cars

APRIL 24, 2024

dealer network , giving it stores in several new areas and growing its footprint to 18 dealerships in seven states. With 18 stores in seven states and its corporate dealers in California, VinFast now has a surprisingly robust U.S. Though the automaker has a range of vehicle offerings in Vietnam, its only model on sale in the U.S.

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Baua Electric

FEBRUARY 2, 2024

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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The Truth About Cars

JANUARY 30, 2024

Photo credit: Volkswagen Volkswagen has recently announced that their MY23 and the upcoming MY24 models of the ID.4, 4, equipped with SK On battery components, will be eligible for the full $7,500 Federal Tax Credit. that qualifies for the full Federal Tax credit. Sales Performance and Impact of the ID.4

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Teslarati

FEBRUARY 27, 2024

4 82 kWh model qualifies for the Inflation Reduction Act’s (IRA) full federal tax credit. 4 models with SK On components are eligible for the full $7,500 federal tax credit because the updated VW ID.4’s Customers can apply the tax credits as a down payment for the VW ID.4 The 2024 Volkswagen ID.4

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Blink Charging

APRIL 13, 2023

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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Baua Electric

JANUARY 3, 2024

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. GM to give $7,500 incentive for non-qualifying EVs Two weeks ago, GM said the new Chevy Blazer EV and Cadillac Lyriq would lose eligibility for the US EV tax credit at the beginning of 2024. 4, Ford Mustang Mach-E, and Nissan LEAF.

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Baua Electric

JANUARY 24, 2024

4s will qualify for the full US EV tax credit in 2024 – here’s the lowdown on eligibility. 4s with US-manufactured SK On battery components placed in service in 2024 will be eligible for the full $7,500 federal tax credit. Click here to find a local dealer that may have the Volkswagen ID.4 VW 2023 and 2024 ID.4s

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InsideEVs

JANUARY 5, 2024

Hundreds of buyers have already taken advantage of the new, up-front $7,500 incentive.

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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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EV Life

JUNE 29, 2023

The bill puts forth several measures aimed at advancing decarbonization in the state, including tax credits for industrial facilities to implement emission-reducing improvements, new spending for geothermal energy projects and geothermal electricity generation, the construction of sustainable aviation fuel production facilities, and more.

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Baua Electric

JANUARY 3, 2024

You can score a 2023 Chevy Bolt EV for under $20,000 with new IRS rules allowing you to use the tax credit as a down payment. You can buy a Chevy Bolt EV for under $20,000 Rather than waiting until next year’s tax return, you can now use the EV tax credit at the point of sale. But you may want to act fast.

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The Truth About Cars

FEBRUARY 1, 2024

According to the 2024 Dealer Outlook Survey, 83 percent of respondents said the government was pushing the transition toward EVs too quickly and mucking up the auto market. Others likewise said that it should be the market driving EV sales, not pressure from the government.& EVs are definitely not a want of our guests today.

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The Truth About Cars

JULY 12, 2023

Axios recently highlighted the issue and found that dealers have EV inventory sitting on their lots for extended periods, suggesting that supply is significantly outpacing demand. Part of the issue with some EV models is their sky-high price tags, and the most expensive models aren’t eligible for government tax credits.

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EV Life

APRIL 7, 2023

Yet, despite record sales, they still seem out of reach for most Californians. In this article, we’re going to show you how California residents can save over $15,000 on Tesla Model 3 and Model Y by taking advantage of available EV tax credits, rebates, and incentives. Not anymore.

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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.

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Teslarati

MARCH 9, 2024

In December, Chevy issued a stop-sale order on the Blazer EV , due to software issues relating to the vehicle’s infotainment system and DC fast-charging capabilities. Chevy announced on Friday that it’s now resuming Blazer EV sales, re-launching the vehicle’s three configurations with lower price tags starting at $50,195.

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Green Car Congress

MAY 3, 2023

AJR Trucking , a leading carrier for the United States Postal Service (USPS) and a major drayage carrier operating in the Ports of Los Angeles and Long Beach, has executed a purchase order for 50 Nikola Tre hydrogen fuel cell electric vehicle (FCEV) trucks from Tom’s Truck Centers, a member of the Nikola Corporation sales and service dealer network.

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Baua Electric

FEBRUARY 1, 2024

Ford F-150 Lightning (Source: Ford) A strong majority of car dealers complain the US government’s strategy is bringing them too fast into the electric vehicle future. The concerns about dealers have proved warranted. 83 percent of the dealers surveyed said that they believe the federal government is pushing them into EVs too fast.

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Green Car Congress

MARCH 30, 2023

Nikola announced that Nikola and its dealer network have received orders for 100 Class 8 Nikola Tre hydrogen fuel cell electric vehicles (FCEVs). The HVIP program enables customers of Nikola’s Tre FCEV to access a point-of-sale incentive starting at $240,000 and ranging up to $288,000 per truck, in 2023.

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Baua Electric

JANUARY 31, 2024

EV sales will reach 8.0% The market share of EVs won’t increase dramatically over the previous month, as automakers, dealers, and consumers digest new federal tax credit rules brought on by the Inflation Reduction Act (IRA) that went into effect with the start of the year, analysts anticipated. of the total U.S.

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Baua Electric

JANUARY 30, 2024

Ford is instituting big discounts on the Mustang Mach-E for fleet customers, as well as a new program that allows dealers to use inventory as rental cars. The discount, which matches the amount of the federal EV tax credit the Mach-E no longer qualifies for, is reportedly aimed at spurring sales. 30, reports CarsDirect.

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Green Car Congress

OCTOBER 11, 2013

Initial sales of the 2014 Cadillac ELR extended range electric luxury coupe ( earlier post ) will begin in January in all major US metropolitan areas. The 2014 ELR has a starting price of $75,995, including a $995 destination charge but excluding tax, title, license and dealer fees. Official EPA estimates are not yet available.

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Baua Electric

FEBRUARY 1, 2024

Over 1,400 Kia EV9 models were handed over in January, topping the EV6 in US sales. Kia EV9 outpaces EV6 despite record sales month Kia started the year strong, with EV sales growing 57% YOY. Kia’s electric SUV even outsold Toyota’s sole EV, the bZ4X, in its first sales month.

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Green Car Congress

OCTOBER 12, 2014

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.

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Teslarati

JULY 11, 2023

A survey from Cox Automotive estimates that electric vehicle sales in the US auto market could surpass 1 million units for the first time in 2023. For context, dealers have about 54 days’ worth of inventory for gasoline-powered cars. Electric cars currently account for about 6.5% of the country’s automotive sector.

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Teslarati

DECEMBER 21, 2021

Customers waiting to take delivery of their Ford Mustang Mach-E are best advised to exercise some patience, as the veteran automaker has issued a stop sale order for the all-electric crossover over potential issues with the vehicle’s rear seatbelts. Don’t hesitate to contact us with news tips.

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EV Connect

FEBRUARY 8, 2024

which is almost 8 percent of vehicle sales. Leading auto dealers see that the near-term trend is electric and are adopting their businesses to sell more EVs. According to data from iseecars.com, Non-Tesla new car dealers selling electric vehicles in the U.S. 2023 was a record year in EV adoption, with 1.2 increased from 1 6.5

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Blink Charging

JANUARY 19, 2024

million domestic sales, to an anticipated 10% by the close of 2024 in the U.S. Here’s what you need to know about using the EV tax credit to lease your new electric vehicle. Clean Vehicle Credits and Leasing The Inflation Reduction Act is a pivotal legislation reshaping the electric vehicle tax credit.

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EV Adoption

JUNE 21, 2022

But assuming you can get your hands on one, roughly two-dozen BEVs and PHEVs available for sale in the US this summer have a base manufacturer’s suggested retail price (MSRP) of less than $45,000. Now of course it is important to point out several things: The base MSRP does not include delivery fees or taxes. Source: Hyundai.com.

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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. However, it’s unclear whether the Polestar 3 will gain up to $15,000 in purchase incentives with the EV tax credit.

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Green Car Congress

SEPTEMBER 5, 2014

Elements of the agreement include abatements, tax credits, an economic development rate rider, and an agreement on direct sales. Abatements: Up to 100% abatement of Sales Tax until 30 June 2034. Up to 100% abatement of Real Property Tax until 30 June 2024. Transferable Tax Credit of 2.8%

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Baua Electric

APRIL 25, 2024

After hybrids accounted for a larger share of sales in the first quarter , Hyundai plans to add hybrid production at the facility. “It Hyundai’s EV sales share fell in all major markets in the first three months of 2024 compared to last year, including Korea (4.4% in Q1 2023) of the brand’s sales, while hybrids held 9.7%

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Baua Electric

JANUARY 25, 2024

With this, Hyundai’s global EV sales reached 268,785 in 2023. Hyundai attributed the growth to higher sales of its dedicated IONIQ EVs. The company saw solid sales growth across key markets, including North America, Europe, and India. Hyundai aims to be a top three EV maker by 2030 with 18 new models and two million in sales.

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Green Car Reports

MAY 28, 2014

Electric cars enjoy many incentives, from tax credits and purchase rebates through carpool-lane access, to encourage buyers to give them a try.

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Baua Electric

MARCH 25, 2024

Now sales eligible in California, “ Powered by REE” EVs are eligible for huge incentives, with other CARB-friendly states expected to follow suit. At the time, REE shared that the electric chassis cab is eligible for the IRS’ Commercial Clean Vehicle Tax Credit in the US, enabling a tax credit of up to $40,000 per vehicle.

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