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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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Electric Vehicle Buyers Want Rebates, Not Tax Credits

CleanTechnica EVs

New study finds the current tax credit scheme for encouraging electric vehicle purchases is less valuable to car buyers and less equitable WASHINGTON — Financial incentives play an important role in the widespread adoption of electric vehicles.

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IRS invites consumers to comment on EV tax credit qualifications

Teslarati

The Internal Revenue Service (IRS) is inviting consumers to share comments on the electric vehicle tax credit qualifications. Tesla and electric vehicle supporters have been vocal about the Inflation Reduction Act’s qualified cars for the EV incentive. Credit: IRS. Comments can be submitted by mail or email.

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Tesla stock climbs on tax credit inclusion, continuing stratospheric rise in 2023

Teslarati

Tesla stock ( NASDAQ: TSLA ) continued to climb on Friday following news that Model Y vehicles would completely qualify for electric vehicle tax credits. However, discussions last week between Elon Musk and several high-ranking officials in Washington, D.C.,

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Tesla Model Y’s complete lineup now qualifies for EV tax credits through Inflation Reduction Act

Teslarati

Tesla’s complete lineup of Model Y trim levels now qualifies for electric vehicle tax credits through the Inflation Reduction Act, as the Internal Revenue Service (IRS) has increased the applicable MSRP limit to $80,000 across each of the all-electric crossover’s configurations.

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Your Guide to Electric-Vehicle Charging-Station Tax Credits

EV Connect

Installing electric-vehicle (EV) charging stations on your property can benefit your business in many ways — from attracting customers to luring top talent. And thanks to a variety of tax credits and incentive programs, the barrier to entry may be lower than you think. They include incentives for installing EV charging stations.

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EPA confirms 249-mile range for Volkswagen ID.4 AWD Pro electric SUV

Green Car Congress

4 electric SUV. Electrify America is the nation’s largest open DC fast charging network with more than 650 charging stations and more than 2,700 DC fast chargers, including two cross-country routes that can allow electric vehicle (EV) drivers to travel from Washington DgC to Los Angeles and Jacksonville to San Diego.

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