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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. 4 Volvo XC40 Electric car 4 995 4.51 11 Volvo XC60 Electric car 2 309 2.08

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Proposed Changes to Federal EV Tax Credit – Part 4: Chinese-Assembled Vehicles Will Not Be Eligible for Tax Credit

EV Adoption

One of the proposed changes to the federal EV tax credit that has flown a bit under the radar is also one of the most political and protectionist in nature. Effective January 1, 2022, electric vehicles with final assembly* (see definition at the end) in China would no longer qualify for IRC 30D (federal EV tax credit).

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

Broadly, Navigant expects expansion in both the higher end of the market (thereby putting competitive pressure on Tesla Motors), as Audi, BMW, Cadillac, Mercedes, Saab, and Volvo introduce their first plug-in cars. More mainstream models will come from Kia, Mahindra, Škoda, and Volkswagen. Tesla Motors will have a bumpy year.

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3 Scenarios That Would Make An EV Ineligible For the Federal EV Tax Credit

EV Adoption

In my previous article, Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives , I outlined and analyzed 13 proposed changes to IRC 30D (federal EV tax credit). In this brief article I will share the 3 scenarios that lead to an EV being completely disqualified from any available tax credit amount.

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Time to review congestion charges. The Green Piece

Green Cars News

However, Volvo Car UK recently issued a Press release challenging the Mayor of London, Boris Johnson, to review the basis of charging for the London congestion charging zone. Volvo believes the principal of hybrid cars being exempt from the charge is outdated. It’s easy to see why Volvo is so keen to point out the discrepancy.

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2023 BMW iX1 review: How does this premium electric SUV stack up against Tesla, Mercedes-Benz and Volvo in Australia?

EV Central

That opposition includes the Lexus UX 300e, Mercedes-Benz EQA, Volvo XC40 and C40 and two of three models in the all-conquering Tesla Model Y line-up. The iX1’s pricing means it just scrapes in under the luxury car tax threshold, but you can forget about state-based rebates or the federal FBT exemption. appeared first on EV Central.

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EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

Federal EV Tax Credit. To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car. .