Electrek

FEBRUARY 9, 2024

According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit. The first Hyundai plant dedicated to building EVs and batteries in the US will be open as soon as this October.

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Tax Credit Hyundai Tax America 145

Green Car Reports

DECEMBER 16, 2021

The EV tax credit could be stalled for months in the Senate. General Motors’ GMC truck brand yesterday teased the all-electric version of its Sierra. The Lucid Air is a Best Car To Buy Finalist. We get a first look at an all-electric GMC Sierra. And how much does cold weather affect EV range?

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Tax Credit Sierra GMC Tax 184

Electric Cars Report

MARCH 8, 2024

With a performance-tuned dual-motor AWD powertrain, ZDX Type S delivers an exhilarating 500 maximum horsepower and 544 lb.-ft. EV Tax Credit; Now Available to Order appeared first on Electric Cars Report. of maximum torque – more than the Acura NSX Type S supercar.

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Tax Credit Acura Tax All-Electric 104

Teslarati

MARCH 29, 2023

The United States Department of Treasury’s battery sourcing guidance might slash EV Tax credits from the Inflation Reduction Act (IRA). The Treasury will release the battery guidance for the IRA EV tax credits this Friday, April 1, 2023. The battery guidance on sourcing minerals will increase by 10% annually.

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Tax Credit Tax Battery Batteries 96

Teslarati

APRIL 17, 2023

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. Fleet customers including for BrightDrop and the Chevrolet Silverado EV will benefit from the $7,500 commercial incentive,” stated General Motors. The Ultium line will likely adhere to the U.S.

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Tax Credit Silverado Chevrolet Tax 122

Teslarati

MARCH 28, 2024

It appears that South Korean automaker Kia is taking some steps to ensure that its EV9 all-electric SUV will qualify for the full $7,500 federal tax credit in the United States next year. By producing the EV9 in Georgia, the all-electric SUV could qualify for a partial EV tax credit.

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Tax Credit Kia Tax Georgia 53

The Truth About Cars

MAY 27, 2021

Changes include raising the federal EV tax rebate ceiling to $12,500 and opening the door for automakers who already exhausted their production quotas. It’s good news for General Motors, which recently begged the government for just […].

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Tax Credit Financing Tax General Motors 119

Electrek

OCTOBER 14, 2022

After several months of lobbying with US officials over EV tax credit changes in the recently passed climate law, the South Korean motor group is officially starting construction on its EV manufacturing plant.

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Tax Credit Tax Hyundai Georgia 145

Teslarati

DECEMBER 29, 2022

Tesla, Volkswagen, and several other EV manufacturers qualify for the new 2023 U.S. EV tax credit. The Internal Revenue Service (IRS) announced the vehicles that qualify for the 2023 EV tax credit. The full list of EV models eligible for the new and updated $7,500 U.S. 2022-2023 Ford Escape Plug-In Hybrid.

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Tax Credit Tax Tesla Jeep 139

Baua Electric

MARCH 8, 2024

With drastically lower starting prices, the Blazer EV now starts at just over $50,000 and qualifies for the full $7,500 federal tax credit. Chevy Blazer EV stop-sale ends with lower prices General Motors issued the stop-sale on the Chevy Blazer EV in late December, just four months after opening orders.

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Tax Credit Tax Price Sale 52

Electrek

APRIL 17, 2023

General Motors shared Monday that it now leads the industry in the number of EV models that qualify for the full $7,500 tax credit. GM expects its entire lineup of electric vehicles under the MSRP cap to be eligible for the full EV tax credit in 2023.

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Tax Credit Tax GM General Motors 103

Baua Electric

JANUARY 25, 2024

4 electric crossovers on sale now are eligible for the full $7,500 federal EV tax credit, VW confirmed Wednesday in a press release. 4 will retain the tax credit for the entirety of the 2024 calendar year. 4 models are still being sold, with a base price of $40,290, including destination, before the tax credit.

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Tax Credit Tax Tennessee General Motors 52

Baua Electric

MARCH 7, 2024

The 2024 Honda Prologue, the brand’s first all-electric SUV, qualifies for the full $7,500 EV tax credit. With the added credit, the Honda Prologue hits the “sweet spot,” with starting prices under $40,000. Honda announced the 2024 Prologue is eligible for the full $7,500 EV tax credit.

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Tax Credit Honda Tax SUV 52

Electrek

OCTOBER 28, 2022

General Motors CEO Mary Barra spoke with analysts Tuesday, saying GM’s EV models will be able to qualify for the full tax credit in two to three years. The post Mary Barra claims GM’s electric vehicles will qualify for the full tax credit in ‘2 to 3 years’ appeared first on Electrek.

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Tax Credit Tax Electric Vehicles General Motors 121

Blink Charging

FEBRUARY 23, 2023

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. It does not act as a rebate (until 2024).

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Tax Credit Tax Electric Vehicles North America 72

Baua Electric

JANUARY 26, 2024

Subaru mistakenly said some 2024 Solterra owners will qualify for the $7,500 EV tax credit. Subaru “owners” are not eligible for $7,500 EV tax credit Subaru introduced the 2024 Solterra electric SUV yesterday with new upgrades, including faster charging and more. That’s including a $1,345 destination fee.

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Tax Credit Tax Price Purchase 52

Teslarati

FEBRUARY 5, 2024

Just weeks after its initial release in North America, the upgraded Tesla Model 3 Long Range Dual Motor All wheel Drive (AWD) has seen a minor price increase. Apart from the Model 3 Long Range Dual Motor AWD, the vehicle is also available in Rear Wheel Drive (RWD) trim. Don’t hesitate to contact us with news tips.

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Tax Credit Price Motor Motors 132

EV Life

JUNE 29, 2023

Great news for drivers looking to purchase an electric vehicle in Colorado! But the most exciting part of the new bill for many Colorado residents is the expansion of an additional Colorado Electric Vehicle Tax Credit for qualified drivers looking to purchase electric vehicles. What Are Electric Vehicle Incentives?

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Tax Credit Colorado Tax Electric Vehicles 52

Baua Electric

FEBRUARY 9, 2024

According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit. The site “is advancing ever day,’” according to Oscar Kwon CEO of the Hyundai Motor Group Metaplant America (HMGMA). billion EV megaplant in Georgia in October 2022.

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Tax Credit Hyundai Tax Kia 52

Teslarati

FEBRUARY 7, 2023

The Tesla Model Y complete lineup was recently added to the IRS list of qualifying vehicles that will give buyers a $7,500 tax credit. While it may seem like the company’s huge price cuts coupled with the tax credit would be good for everyone, it spells bad news for competitors that offer comparable EVs in the same category.

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Tax Credit Tax Tesla Price 104

The Truth About Cars

APRIL 17, 2023

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. It’s a very different situation from the 200,000-unit-per-automaker sales quota that has been supplanted.

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Tax Credit Tax North America Chevrolet 97

Teslarati

AUGUST 17, 2022

Department of Energy’s Alternative Fuels Data (DOE) published a list of electric vehicles that are immediately available for the new $7,500 EV tax credit. Under the new law, only EVs assembled in North America qualify for the credits. You can also reach me on Twitter @JohnnaCrider1.

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Tax Credit Tax North America PHEV 99

Baua Electric

APRIL 22, 2024

And do in-wheel motors make more sense for EV conversions? The Tesla Model Y undercuts the Model 3 by $5,000 —for those who are EV tax credit eligible—under the latest round of Tesla price cuts made on Saturday. Disney is making a popular automotive ride all-electric. Airless tires look like the future.

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Land Rover Price Motor Motors 52

Green Car Reports

DECEMBER 31, 2022

Our biggest, albeit most confusing, piece of news this week came on. Which states recently joined California in banning gas-only vehicles by 2035? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending December 30, 2022.

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Tax Credit Tax Green Cars Motor 151

Electric Vehicles India

NOVEMBER 1, 2021

Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles . Yamaha Motor and Hero Motors Limited have signed an agreement that they will jointly establish a company to manufacture hub-mounted drive units for electric bicycles. The bicycle market in India is valued at USD 0.9

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Tax Credit Tax Electrical Electric 79

Teslarati

APRIL 19, 2024

With the adjustments in place, the flagship all-electric premium sedan now starts at $72,990 for the Dual Motor All Wheel Drive (AWD) version and $87,990 for the top-tier Model S Plaid. The Tesla Model Y, like the Model X Dual Motor AWD, qualifies for the IRA’s $7,500 incentive. Don’t hesitate to contact us with news tips.

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Tax Credit Price Tesla Tax 130

Electrek

FEBRUARY 9, 2023

Lucid Motors isn’t about to let potential customers of the other American EV automakers have all the fun. Just because its EVs don’t qualify for federal tax credits under new terms in the Inflation Reduction Act does not mean customers looking to buy a new Lucid Air can’t get $7,500 off.

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Purchase Motor Motors Motoring 98

The Truth About Cars

MARCH 6, 2024

Legacy automakers like Ford and General Motors are in the hunt, but so far, no one has been able to topple Tesla’s top spot. BMW is hoping to take some of the shine off of Tesla’s crown with a new incentive that gives buyers a $1,000 discount to buy one of its new EVs. Image: BMW] Become a& TTAC& insider.

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BMW Tax Credit General Motors Tax 104

Green Car Reports

MARCH 29, 2019

Ram's new eTorque does more than most mild-hybrid start/stop systems. Chevrolet is making no big sales push at the end of the quarter, despite the expiration of full tax credits for its vehicles. In-wheel motors for EVs may be making their way to the mainstream. All this and more on.

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Tax Credit Motor Motors Motoring 75

The Truth About Cars

APRIL 24, 2024

If it moves forward, the deal could help other automakers compete against Ford, General Motors, and Mercedes-Benz, which offer well-established competitors to FSD. The recently updated Model 3 lost tax credit eligibility in lower configurations, but the fresh Performance variant qualifies.

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Tax Credit Tesla Tax General Motors 87

Baua Electric

JANUARY 1, 2024

Over the last few months, Tesla has released a bunch of new statements about changes to the eligibility of its electric vehicles to the federal tax credit in 2024. We are still calling it a “tax credit”, but it is effectively a point-of-sale incentive starting today. FTC: We use income earning auto affiliate links.

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Tax Credit North America Tax Tesla 52

Green Car Reports

JANUARY 13, 2016

Today, General Motors says it won't fund Combined Charging Standard (CCS) DC fast-charging stations for the 2017 Chevrolet Bolt EV electric car, California rejects Volkswagen's proposed fix for 2.0-liter liter TDI diesel cars, and we look at when electric-car tax credits will expire. All this and more on Green Car Reports.

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Tax Credit Tax Electric Cars General Motors 60

The Truth About Cars

MARCH 8, 2024

It gets a new 12.9-inch There’s also a new drive motor for models equipped with the larger 82 kWh battery pack. 4 range, it remains the only European EV that qualifies for federal tax credits in the United States. The new model is also expected to qualify. 4 Pro S and more expensive trims.

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Tax Credit Tennessee Tax Affordable 105

Teslarati

JANUARY 29, 2024

This positive trend was partially fueled by tax credits from the U.S. billion KRW from the IRA tax credit, which grew 16% from the previous quarter due to a solid performance from LGES factories in the United States. Excluding the tax credit: Operating profit would be KRW 88.1 from the same period last year.

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Tax Credit Energy Tax North America 113

Baua Electric

MAY 16, 2024

And it also included a very attractive price – one which was actually cheaper than the lower-spec Long Range Model 3 after taking tax credits into account, since the Performance qualifies for the US EV tax credit and the Long Range model doe snot. The refresh includes more horsepower (up to 510hp now, and 0-60 of 2.9

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Tax Credit Price Tax Highlander 52

Baua Electric

FEBRUARY 2, 2024

Dealers think the Biden administration’s EV policies are forcing the auto industry to move ahead of market demand, according to a new Automotive News survey. Surprisingly, 57% of respondents thought that the new point-of-sale rebate for the federal EV tax credit would have no effect on EV sales, or they were unsure.

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Dealers Tax Credit Tax Mazda 97

Teslarati

OCTOBER 19, 2023

It does not qualify for federal tax credits under the Inflation Reduction Act (IRA). Tesla Model S and Model X now more affordable with Standard Range variants The Dual-Motor Tesla Model X AWD still starts at $79,990 before options. It qualifies for the $7,500 federal tax credit under the IRA until December 31.

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Price Tax Credit Tesla Highlander 130