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Chevrolet cuts price on Spark EV; with incentives and “bonus cash”, as low as $14,995

Green Car Congress

Depending on an individual’s tax situation, the Spark EV ( earlier post ) is eligible for federal tax credit up to $7,500. California and Maryland Spark EV owners may also qualify for a $2,500 California state rebate or $2,300 Maryland excise tax exemption. A 120V charge cord set comes standard.

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EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

You should consult your own tax, legal and accounting advisors before engaging in any transaction. Federal EV Tax Credit To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car.

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Nine EVs that lease for under $400/month: Ioniq 5, Solterra, Niro, Ioniq 6, more

Baua Electric

Hyundai IONIQ 5 (left) and IONIQ 6 (right) at Tesla Supercharger (Source: Hyundai) There’s a loophole in the stricter IRA federal tax credit that only applies $3750 rebates on North American-built cars and separately $3750 on domestic batteries. For whatever reason, all EVs get the full $7500 applied to leases, however.

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The State of Medium- and Heavy-Duty Vehicle Electrification

Driivz

Electrification of medium- and heavy-duty (MHD) vehicles is an important component of reducing greenhouse gas (GHG) emissions and mitigating climate change. As of December 2022, more than 5,600 electric school buses are in operation, on order or funded. they created about 28% of the automotive sector’s GHG emissions in 2020.

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The Complex Calculus of Clean Energy and Zero Emissions

Cars That Think

Jesse Jenkins and his collaborators used the REPEAT energy model to project the greenhouse-gas reductions resulting from recent U.S. government was going to try a whole bunch of different government interventions—incentive programs, tax credits, grants, infrastructure investments—to bend the trajectory of our energy transition.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

The collaboration, forged by the White House in partnership with DOE and the Department of Transportation (DOT), the US Air Force and US Army, and the Environmental Protection Agency, is centered on a set of Guiding Principles to Promote Electric Vehicles and Charging Infrastructure. Electric vehicle coalition.

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Chevrolet Spark EV to lease for as low as $199 per month; MSRP $27,945 pre-incentives

Green Car Congress

With the full Federal tax credit, the net price of the Spark EV could be as low as $19,995, including $810 destination freight charge. Depending on their tax situation, California Spark EV owners may also qualify for other state and local tax credits and incentives ranging from $0 to $2,500, potentially reducing the price to $17,495.

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