Green Car Reports
JANUARY 24, 2014
Today on Green Car Reports: CEO Elon Musk says China may become Tesla Motors'' biggest market, Virginia scraps its hybrid-vehicle tax, and a New Jersey Honda dealer achieves electric-grid neutrality. All this and more on Green Car Reports.
Green Car Congress
MARCH 9, 2023
Both models are exempt from the 12% Federal Excise Tax (FET). The Mack MD Electric will be produced at Roanoke Valley Operations (RVO) in Roanoke Valley, Virginia, where Mack began production of the Mack MD Series in 2020. The MD6 model does not require a Commercial Driver’s License (CDL) to operate for non-hazardous payloads.
Blink Charging
OCTOBER 6, 2023
As both EV adoption increases and internal combustion engine vehicles have become more fuel efficient, states are seeking to offset lost revenue from the gas tax. With states enacting new kWh taxes on EVs and EV charging, we want to make sure you have the right information. Kentucky will implement the kWh tax starting in January 2024.
Baua Electric
MAY 2, 2024
The $4,000 discount applies to both 2024 Chevy Blazer EV leases and purchases and according to CarsDirect, it can be stacked with other deals, such as the $7,500 tax credit and the $1,000 Costco member-only incentive. So you’ll have to check with a dealer for your EV’s eligibility. Atlanta and Santa Fe folks, I’m looking at you.)
EV Adoption
NOVEMBER 26, 2021
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. More on this below.
Green Car Congress
DECEMBER 13, 2016
The Bolt EV begins at a manufacturer’s suggested retail price of $37,495, which includes destination and freight charges, but excludes tax, title, license and dealer fees. Depending on individual tax situations, customers may receive an available federal tax credit of up to $7,500. inch-diagonal color touch screen.
Baua Electric
FEBRUARY 25, 2024
Hyundai IONIQ 5 (left) and IONIQ 6 (right) at Tesla Supercharger (Source: Hyundai) There’s a loophole in the stricter IRA federal tax credit that only applies $3750 rebates on North American-built cars and separately $3750 on domestic batteries. For whatever reason, all EVs get the full $7500 applied to leases, however.
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