article thumbnail

Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

These new guidelines simplify the process for drivers, providing an immediate financial incentive at the point of sale and making dealers, not individuals, collect the tax credit from the IRS. The dealership then submits “time of sale” paperwork to the IRS, and the IRS reimburses the dealer the credit amount.

article thumbnail

Mercedes-Benz Vans reveals SUSTAINEER electric van technology demonstrator for sustainable urban mobility

Green Car Congress

Furthermore, every stage of the battery cell providers' supply chains will be inspected according to OECD guidelines. To save energy and extend range, the SUSTAINEER is fitted with tires that have low rolling resistance. SUSTAINEER: front module and underbody filters improve air quality in the city.

Mercedes 221
article thumbnail

GM's New Plan: Fewer Jobs, More Chevy Volt - Environmental Capital - WSJ

Tony Karrer Delicious EVdriven

Privacy Policy | Terms & Conditions As a registered user of The Wall Street Journal Online, you will be able to: Setup and manage your portfolio Personalize your own news page Receive and manage newsletters Log In Log In User Name Password Log in Remember me Forgot your password? Please comply with our guidelines.

Volt 30
article thumbnail

Are You Plugged In?

Revenge of the Electric Car

New vehicle technology comes with an alphabet soup of new abbreviations. GM calls the Volt an extended-range electric vehicle, or EREV. It is powered by a battery pack that when fully charged has a range of up to 40 miles; it also has a small gas engine that turns a generator that charges the battery once it is depleted.

Plug-in 140
article thumbnail

Using the PHEV (Plug-In Hybrid Electric Vehicle) to Transition Society Seamlessly and Profitably From Fossil Fuel to 100% Renewable Energy

Green Car Congress

In the past the auto industry has responded to incentives and guidelines set by government agencies and reengineered their product to meet this requirement. The good news is that this storage could easily and simply be provided by PHEV cars and trucks as discussed above. The so-called Extended Range Electric Vehicle or EREV or BEVx.

PHEV 150