Electric Auto Association
APRIL 5, 2023
Many Americans want to know if their next EV purchase qualifies for a full, half, or any tax credit. EV tax credit. Source: Electric Vehicle Association) Proposed EV Tax Credit Rule to be Finalized on April 18 On March 31, the Treasury Department gave guidance on battery material requirements for automakers.
Blink Charging
FEBRUARY 23, 2023
Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. It does not act as a rebate (until 2024).
Teslarati
DECEMBER 9, 2021
The Biden administration’s proposed $4,500 EV tax credit buff for electric and electrified vehicles made in a union plant in the United States is meeting a big challenge. The $4,500 tax credit , which would be given to vehicles produced in the United States using union labor, stands to favor the Detroit Big Three heavily.
Green Car Congress
AUGUST 30, 2015
A working paper by a team at the Energy Institute at Haas, University of California, Berkeley, has found that 60% of the $18 billion in US federal income clean energy tax credits issued between 2006 and 2012—e.g., Electric Vehicle Credit. Average credit per tax return, by income level. billion (19.3%).
Green Car Congress
SEPTEMBER 1, 2020
Conversely, 39% of respondents would only buy an EV if gasoline-powered vehicles were no longer available. Global findings reveal more optimism for EVs—just 6% of Chinese respondents and 4% of Indian respondents will wait to buy an EV until gas-powered vehicles cease production.
Green Car Congress
JULY 24, 2012
Ford is pricing the new C-MAX Energi—expected to offer 15 class-exclusive features, a 550-mile (885 km) total range and more than 20 miles (32 km) of electric-only range ( earlier post )—at $33,745. Its eligibility for a $3,750 federal tax credit drops that to $29,995.
Green Car Congress
NOVEMBER 18, 2021
For the first time, two electric vehicles with a 500-mile driving range (two variants of the Lucid Air) sit at the top of the guide’s 10 most fuel-efficient vehicles. The top 10 “fuel sippers” among 2022 models in the new guide are all-electric vehicles offering a minimum of 111 miles per gallon-equivalent fuel economy.
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