article thumbnail

US President Biden’s union-friendly $4,500 EV tax credit buff is facing a big challenge

Teslarati

The Biden administration’s proposed $4,500 EV tax credit buff for electric and electrified vehicles made in a union plant in the United States is meeting a big challenge. The $4,500 tax credit , which would be given to vehicles produced in the United States using union labor, stands to favor the Detroit Big Three heavily.

article thumbnail

Chevrolet to begin selling Spark EV in Maryland

Green Car Congress

Chevrolet will start selling the Spark EV in Maryland this spring, the electric mini-car’s first entry into the East Coast market. The GM-built motor and drive unit deliver 327 lb-ft (444 nm) of torque, enabling a 0-60 time of 7.2 The Spark EV is also sold in California and Oregon, where sales totaled 1,145 in 2014. seconds.

Maryland 150
article thumbnail

Prius Plug-In eligibile for a $1,500 California consumer incentive plus $2,500 Federal tax credit

Green Car Congress

Toyota Motor Sales, Inc. Designed to promote the use of Zero Emissions Vehicles (ZEV) and related clean vehicle technologies, the CVRP is a consumer incentive made available in addition to a $2,500 Federal Tax credit. The 2012 Prius Plug-in also offers consumers eligibility for the State of California’s HOV lane sticker.

article thumbnail

Honda may build an EV factory in Canada featuring in-house battery cells

Teslarati

It’s also expected to help the automaker gain access to EV tax credits in the U.S. states, California , Maryland and New Jersey. states, California , Maryland and New Jersey. The facility is expected to employ a total of 2,527 workers, and Honda expects the facility to be completed by the end of 2024.

Canada 121
article thumbnail

How Federal and State Government Incentives Make It Easy to Become an EV Owner

Blink Charging

Federal Incentives for Purchasing an EV Among the federal government’s incentives for drivers, you can find tax breaks for both new and used EVs that are in place until the end of 2032. Beginning in 2024, the consumer clean vehicle tax credits can be available at the point of sale by transferring your credit to the dealership.

article thumbnail

Mercedes-Benz B-Class Electric Drive priced at $41,450 for US; 85-mile range

Green Car Congress

Customers may be eligible for federal tax credits (which run up to $7,500) or state/local tax credits. The MY14 B-Class Electric Vehicle will be available beginning in mid-July to dealers in California; Connecticut; Maine; Maryland; Massachusetts; New Jersey; New York; Oregon; Rhode Island; and Vermont.

Mercedes 291
article thumbnail

Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits. “The purchase of the BEV Lease is to aid in our goal of delivering carbon neutrality by 2050 by controlling the vehicle battery through its life, keeping it in the Ford network.” battery production.”

Ford 98