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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. The good news is that there are now tax credits for individuals and businesses that buy or lease a new or used electric vehicle! First, the easy part: How do I claim the $7,500 EV tax credit?

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UK unveils new plan to cut NO2; sale of new conventional gasoline and diesel cars to end by 2040; focus on local action

Green Car Congress

Among the many policy and funding details in the UK Plan for Tackling Roadside Nitrogen Dioxide Concentrations , produced by Defra and the Department for Transport is the cessation of the sale of all new conventional gasoline and diesel cars by 2040. —UK plan for tackling roadside nitrogen dioxide. billion (US$3.5

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DOE Turns Down V-Vehicle Loan Applications

Green Car Congress

VVC has said that its V Car’s fuel economy would be among the best of all four-passenger gasoline-powered vehicles sold in the US today. The DOE conducted an extensive technical, market, financial, regulatory, credit and legal analysis following its determination that the applications were substantially complete in May 2009.

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Pairing EV Charging with Solar Storage Opens a World of Possibility

Setec Powerr

EVs already produce fewer emissions than traditional gasoline-powered vehicles, and by using solar energy to power them, their environmental impact is further reduced. Some regions offer incentives for renewable energy projects, such as tax credits or rebates. By using solar power, EV owners can save money on their charging costs.

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Top Factors Affecting EV Adoption

EV Connect

While studies show that 30% of newer drivers aged 18-25 plan to buy an EV next, the overwhelming majority (58%) in the US still plan to stick with gasoline. However, market competition, falling battery prices and government incentives are pushing the cost of EVs to parity with gasoline. older) drivers away from gas.

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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

In 1975, General Ernesto Geisel, then-president of Brazil, ordered the country’s gasoline supply mixed with 10% ethanol. The level was raised to 25% over the next five years, which was intended to maintain a constant Brazilian gasoline supply for an ever-increasing demand.

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Norway leads the world in moving to EVs

EV Info

Norway has offered strong incentives for motorists to switch to Electric Vehicles with strong tax incentives for electric vehicles. ICE vehicles are subject to a significant tax, and electric vehicles are exempt from that tax. Far better to offer incentives and nudges and let consumer choose.

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