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Which EVs Still Qualify for Federal Tax Credits?

The Truth About Cars

With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify. But there are a few more hoops to jump through if you want the government to offer some cash back on your EV purchase.

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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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Electric Vehicles Save Owners Up To $12,000 Over Life of Vehicle

Plug in America

EVs Can Save Up To $12,000 Over Their Lifetime The study considers various factors such as fuel costs, maintenance and repair expenses, purchase price, federal tax credits, financing options, and resale value. Let’s focus on the Tesla Model 3 compared to the gas-powered Toyota Camry XLE to give you a better idea.

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New tool shows which used EVs qualify for federal tax incentives

Teslarati

A new tool released by Recurrent Auto shows car buyers which used EVs qualify for federal tax incentives based on a simple VIN search. And to help those who want to purchase a used EV, the Federal government has introduced a tax incentive of $4,000. This eligibility tool makes it much easier.

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OPINION: Musk’s distaste for Biden incentives would even EV playing field

Teslarati

Tesla CEO Elon Musk had an idea during an interview last evening with the Wall Street Journal: Get rid of government incentives for everyone, including electric vehicles, gas, and oil subsidies. Eliminating incentives from the EV sector would cancel any political influence a consumer may have to digest before purchasing a car.

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First Steps to Installing EV Charging for Multifamily Dwellings

Blink Charging

You can ask residents if they currently own an EV or if they are planning on purchasing an EV within the next five years. While it would be impossible to predict exactly how many EVs are going to end up being owned at a given complex, you can get a rough idea of what ownership will look like in the future by surveying your current tenants.

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PHEVs Are A Great Solution For Many — But PHEV Incentives Need Fixing

EV Adoption

And that is all true, but we can’t let the idea of what some people think is the ultimate perfect solution (BEVs) cloud the reality of human acceptance of new technologies. Instead, the tax credit should have a minimum range requirement of 30 EPA miles. California Clean Vehicle Rebate program.

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