article thumbnail

How Do the Electric Vehicle Tax Credits Work?

Blink Charging

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.

article thumbnail

Ansys releases pre-lockdown global survey on vehicle electrification

Green Car Congress

Before the COVID-19 pandemic lockdowns, engineering simulation software company Ansys commissioned a global survey of 16,037 adults resulting in some insights about consumer attitudes toward vehicle electrification. Conversely, 39% of respondents would only buy an EV if gasoline-powered vehicles were no longer available.

article thumbnail

Ford Focus Electric in California qualifies for $10K in tax credits, HOV access

Green Car Congress

California buyers of the Ford Focus Electric will be able to receive up to $10,000 in tax credits ($2,500 state, $7,500 federal) and enjoy high-occupancy vehicle lane (HOV) access after the car was just approved for California’s Clean Vehicle Rebate Program ( CVRP ).

article thumbnail

Ford prices C-MAX Energi plug-in hybrid at $29,995 after federal tax credit; expects conquest rate of about 50%

Green Car Congress

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.

article thumbnail

Why Fleet Owners Are Electrifying Their Vehicles This Year

Blink Charging

The best time to transition your business vehicle fleet from internal combustion engine (ICE) vehicles to electric vehicles (EV) is now. Limited time to claim tax credits for EV fleets There are currently numerous incentives to purchase EVs and EV charging equipment. But that’s not all.

Fleet 92
article thumbnail

EVs dominate list of efficient cars in ORNL 2022 Fuel Economy Guide

Green Car Congress

The 2022 Fuel Economy Guide, released by ORNL for the DOE/EPA fueleconomy.gov website, provides up-to-date information on fuel economy, environmental and safety data, so consumers can choose the most fuel-efficient vehicle that meets their needs. Credit: Andrew Sproles/ORNL, U.S.

article thumbnail

Boost Your Savings: Best US States for Electric Vehicle Incentives

Setec Powerr

Electric vehicles are becoming increasingly popular as people seek eco-friendly alternatives to traditional gasoline-powered cars. Many states in the US offer various incentives to encourage the adoption of electric vehicles, making it more affordable for consumers to make the switch.