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Why Tesla Model Y tax credit inclusion is good for some and bad for others

Teslarati

The Tesla Model Y complete lineup was recently added to the IRS list of qualifying vehicles that will give buyers a $7,500 tax credit. While it may seem like the company’s huge price cuts coupled with the tax credit would be good for everyone, it spells bad news for competitors that offer comparable EVs in the same category.

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3 Scenarios That Would Make An EV Ineligible For the Federal EV Tax Credit

EV Adoption

In my previous article, Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives , I outlined and analyzed 13 proposed changes to IRC 30D (federal EV tax credit). kWh) Ferrari SF90 Stradale (8.8 kWh) Subaru Crosstrek Hybrid (8.8 kWh) Hyundai IONIQ PHEV (8.9 kWh) Kia Niro PHEV (8.9

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

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.

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Electric Car Manufacturers Inspire New Paradigms -- Seeking Alpha

Tony Karrer Delicious EVdriven

The Think City was short-lived in the States with production halting in 2002 after just 1005 cars had been assembled. Tax credit incentives are also available to consumers in the U.S. market for sustainable “green” energy purchases. Q1 2009 Earnings Call Transcript Quick Read Apr 28, 2009 Celadon Group, Inc.