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Here’s how much money you’ll get with the Inflation Reduction Act

Baua Electric

Credit: Tesla The Inflation Reduction Act (IRA) is a “free electric bank account with your name on it.” It’s packed with rebates and tax credits that will help Americans purchase everything from EVs to solar and electrical appliances to heat pumps. We bought a US-made 2023 Volkswagen ID.4 More often than not, I fill them in.

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Chevrolet begins taking orders in all 50 US states for 2012 Volt; $1K drop in starting price

Green Car Congress

The suggested retail price for the Volt will start at $39,995 (or $32,495 assuming a full federal tax credit of $7,500, which is subject to the customer’s eligibility). The price includes an $850 destination freight charge but excludes tax, title and license fees.

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Honda selects environmental consulting firm Gladstein, Neandross & Associates to support market development for Civic Natural Gas in new US markets

Green Car Congress

GNA will collaborate with Honda to market the Civic Natural Gas sedan in 19 states spanning the Mid-West to Northeast and Mid-Atlantic regions including the District of Columbia. With high gasoline prices nationwide, the Honda Civic Natural Gas offers consumers a cleaner transportation alternative that is also cost effective.

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Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

” This change happened on June 15 in 37 states; the remaining 14 states and the District of Columbia will follow suit by the fourth quarter of this year. ” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits. Ford confirmed to CarsDirect that its communication was legitimate.

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Quallion Selects Palmdale, Calif. For New Lithium-Ion Battery Manufacturing Facility

Green Car Congress

Proposed incentives include tax credits, fee waivers and the sale of 9.65 acres of land in the Fairway Business Park for the price of $1. More than $10.6 million in incentives have been offered to Quallion by the City of Palmdale for the development of the facility.

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ICCT study finds state EV incentives playing a significant role in driving sales

Green Car Congress

A statistical regression revealed that the total monetary benefit to consumers from state incentives significantly positively correlates with BEV sales when all 50 states and the District of Columbia are included. Source: ICCT. Click to enlarge. per year in recent years.

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