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Pyka awarded $7M California tax credit to expand manufacturing of zero-emission autonomous aircraft

Green Car Congress

Pyka, a developer of autonomous electric aviation technology, was awarded a $7-million California Competes Tax Credit with the California Governor’s Office of Business and Economic Development (GO-Biz), approved last week by the California Competes Tax Credit Committee.

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Study finds EV buyers want rebates, not tax credits; government could have saved $2B

Green Car Congress

A study by a team from the George Washington University finds that not all financial incentives are created equal in the eyes of prospective car buyers, and the current federal incentive—a tax credit—is, in fact, valued the least by car buyers. The current federal electric vehicle tax scheme is a pain.

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Which 2024 EVs qualify for the $7,500 EV tax credit?

Green Car Reports

The list of electric vehicles qualified for the EV tax credit in calendar year 2024 has been released. And as expected, it’s very short. Noteworthy Tesla omissions include most of the Model 3 lineup (the Performance version is the only one that now qualifies), as well as the entire Model S lineup.

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Only Ten Electric Car Models Will Qualify For Full Federal EV Tax Credit On January 1, 2024

CleanTechnica EVs

The federal electric car tax credit rules will change on January 1, 2024, leaving some prospective buyers out in the cold. The post Only Ten Electric Car Models Will Qualify For Full Federal EV Tax Credit On January 1, 2024 appeared first on CleanTechnica.

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Tesla models eligible for IRA tax credits in 2024

Teslarati

As everyone greets the new year, Tesla updated its website according to the Inflation Reduction Act’s (IRA) requirements for the electric vehicle (EV) tax credits. Most of Tesla’s other models—including the Model X—are eligible for the full tax incentives. The Teslarati team would appreciate hearing from you.

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New Rules for Federal Electric Vehicle Tax Credit

Green Energy Consumers

Back in December, we wrote about how the rules for what electric vehicles (EVs) qualify for the federal tax credit were going to change in 2024. Those changes did kick in January 2024, but so did new rules about how to claim the federal tax credit that we hadn’t expected.

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2024 Honda Prologue electric SUV starts under $40,000 with full EV tax credit eligibility

Electrek

Who says electric cars are too expensive? The 2024 Honda Prologue, the brand’s first all-electric SUV, qualifies for the full $7,500 EV tax credit. With the added credit, the Honda Prologue hits the “sweet spot,” with starting prices under $40,000.