article thumbnail

Tesla Cybertruck tax credit and 48V, next-best EVs, House EPA pushback: Today’s Car News

Green Car Reports

The EPA is very optimistic about the Tesla Cybertruck qualifying for the EV tax credit. The Cybertruck pulled off a shift to 48 volts. This and more, here at Green Car Reports. The House votes on what appears to be a broad misunderstanding of proposed EPA rules. And why didn’t some EVs and PHEVs make the cut?

article thumbnail

Colorado buyers of Chevy Volt eligible for $13,500 in tax credits

Green Car Congress

Colorado residents who purchase or lease a new Chevrolet Volt are eligible for a state tax credit of up to $6,000 in addition to a federal tax credit of up to $7,500 for a total price reduction of as much as $13,500. A tool to determine specific state or local electric vehicle tax credits is available here.

article thumbnail

No deal for Chevrolet Volt, Chevy Bolt EV buyers in final days of tax credit

Green Car Reports

Consumers have less than three days to buy a plug-in Chevy Volt or Bolt EV from GM and still qualify for the full $7,500 federal tax. Nor does GM have any plans to cut prices after the tax cut expires on Monday, as Tesla did with its cars after the tax credit.

article thumbnail

DOE awards $98M in tax credits to automakers and suppliers for clean technology manufacturing

Green Car Congress

The US Department of Energy (DOE) announced $150 million in clean energy tax credits to 12 businesses to build US capabilities in clean energy manufacturing; $98 million of that goes to five automakers and suppliers towards investments in domestic manufacturing equipment. Funded at $2.3 Funded at $2.3 Lead organization. Description.

article thumbnail

EV Drive coalition begins lobbying effort to save tax credit

Green Car Reports

Members of the lame-duck Congress all got letters on their desks Tuesday stating why the electric-car tax credit should be revised and extended.

article thumbnail

Toyota Prius Prime review, Mercedes EQE and VW ID.7 drives: Today’s Car News

Green Car Reports

Does the 2023 Toyota Prius Prime reboot the formula pioneered by the Chevy Volt for the better? And automakers start to detail which models are eligible for the full $7,500 tax credit amount. This and more, here at Green Car Reports. How do the aero-focused VW ID.7 7 and plush Mercedes EQE SUV drive?

Prius 112
article thumbnail

What effect will lower tax credits on Tesla and GM plug-ins have in the new year? Take our Twitter poll

Green Car Reports

The wind-down of federal tax credits on plug-in vehicles begins to hit in 2019. Tax credits for Tesla buyers were already reduced to $3,750 on Tuesday. The same reduction is scheduled to hit GM's plug-in models, the Chevy Volt and Bolt EV on April 1.