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Tesla China: Top gov’t meeting confirms NEV purchase tax exemption extension

Teslarati

Tesla China will likely see its momentum in the domestic EV market accelerate, thanks to the country’s NEV purchase tax exemption being renewed next year. The NEV purchase tax exemption, which was launched in 2014, allowed most consumers who purchase green vehicles to save about RMB 10,000 (around $1,500).

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Tax Credit For Hydrogen Fuel-Cell Vehicles Expires As Congress Adjourns

Green Car Reports

Tax incentives have proven to be an important way to encourage adoption of new green vehicles, offsetting some of the typically-higher purchase costs compared to conventional costs. Yet just as Toyota prepares to launch its 2016 Mirai fuel-cell car, a tax credit for hydrogen vehicles has expired due to inaction by Congress.

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Hydrogen Fuel-Cell Vehicle Tax Credit Expires This Month: Will It Be Renewed?

Green Car Reports

Financial and other incentives are widely viewed as a good way to kickstart the adoption of new green vehicles, largely to compensate for their higher prices against conventional gasoline cars. But just as Toyota is building up to next fall''s launch of its 2016 Mirai hydrogen fuel-cell vehicle in the U.S.

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IL Suspends Clean-Car Rebates; GA Tax Credit In Trouble Too; Texas Next?

Green Car Reports

State tax credits and purchase rebates have proven effective in kickstarting the early market for plug-in electric cars and other green vehicles. Green Georgia Illinois Texas incentives plug-in cars rebates state laws tax credit' Then there''s Texas, where a. Then there''s Texas, where a.

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Michigan Adds Another $220M in Tax Incentives for Advanced Battery Companies

Green Car Congress

Granholm signed legislation that increases tax incentives for companies that develop and manufacture advanced batteries. The new law adds an additional $220 million in refundable tax credits for companies involved in the development and application of advanced-battery research, engineering, and manufacturing.

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Lease A Green Vehicle, Get Rebate Yourself--In CO, Anyway

Green Car Reports

A bill signed in Colorado will now allow lessees to claim any tax credits for hybrid cars and electric vehicles, rather than the lessor. Previously, the state had allowed banks or finance companies to choose whether claim the credits themselves on lease vehicles, or to pass the credits on to the lessee.

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California Green-Car Tax Cut, Nissan Leaf Reliability, Gen Z Car Buyers: Today's Car News

Green Car Reports

Today, read about the California bill that would cut the state sales tax for the newest green vehicles, how a 2011 Nissan Leaf electric car has fared after four years on the road, and why the next generation of car buyers may place particular emphasis on fuel efficiency. All this and more on Green Car Reports.