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Colorado Electric Vehicle Tax Credit Rises to $5,000

EV Life

The bill puts forth several measures aimed at advancing decarbonization in the state, including tax credits for industrial facilities to implement emission-reducing improvements, new spending for geothermal energy projects and geothermal electricity generation, the construction of sustainable aviation fuel production facilities, and more.

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How to Save Big on a Tesla with Colorado’s New EV Tax Credit

EV Life

Colorado is one of the newest states looking to accelerate widespread EV adoption through aggressive financial incentives, introducing an electric vehicle tax credit for its residents in 2023. This is great news for Tesla fans, as many Tesla models qualify for the credit. And the federal tax credit just got even easier to use.

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81% of EVs Sold in 2023 Still Qualify for the Federal EV Tax Credit

EV Life

The Inflation Reduction Act of 2022 (IRA) introduced new guidelines for a federal EV tax credit aimed at helping qualified drivers purchase an electric vehicle. The tax credit is part of a broader plan to make 50% of new vehicles sold in the United States hybrids or plug-ins by 2030. dependence on China.

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California to receive more than $236M to support transit agencies’ transition to zero-emission buses

Green Car Congress

announced that 17 local governments and transit agencies will receive more than $236 million in grants from the Department of Transportation (DOT) to aid the transition to zero-emission buses. billion in new funding for Buses and Bus Facilities formula and competitive grants over five years. Napa Valley Transportation Authority.

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What EV Drivers Should Know About Leasing an EV This Year

Blink Charging

Although the $7,500 consumer tax credit for buying an electric car is becoming more restrictive for new vehicles adhering to specific manufacturing requirements , there’s a provision enabling consumers to still enjoy the credit when leasing an EV assembled outside of North America.

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An Overview of Charging Incentives in Oregon

EV Connect

By exploring the various tax credits, rebates, and grants available to businesses and EV owners, individuals and organizations can take significant steps toward a sustainable future while enjoying the benefits of electric transportation.

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Tesla Model 3 price cuts puts new car cheaper than some used Model 3s

Teslarati

The recent price cuts enable buyers to purchase a base Model 3 for $43,990, and with the EV tax credit, that price is further reduced. For those living in certain states or cities, the prices can be even further reduced with grants or EV incentives, as seen in the tweet by Ash Martian below. due to the recent price cuts.

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