EV Life

APRIL 7, 2023

Buying a new car is one of the most significant purchases you’ll likely make in your life, so you want to make sure you’re getting the best deal available. Which brings us to Tesla. Tesla’s electric vehicles are by far the most popular EVs in the country.

Tax Credit 52

Tax Credit Tax Tesla Purchase 52

EV Adoption

FEBRUARY 23, 2021

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit.

Tax Credit 98

Tax Credit Tax Sale Plug-in 98

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. But there are a few more hoops to jump through if you want the government to offer some cash back on your EV purchase.

Tax Credit 78

Tax Credit Tax North America Chevrolet 78

Green Car Reports

DECEMBER 19, 2017

Senate and House of Representatives retained a number of provisions originally slated to be cut from the tax code. Among them was the federal income-tax credit for purchase of a plug-in electric vehicle. Three carmakers—General Motors, Nissan, and Tesla—have now used more than half.

Tax Credit 95

Tax Credit Tax General Motors Electric Cars 95

Teslarati

JANUARY 12, 2023

Tesla’s aggressive sales strategy has been implemented in the United States. As per a recent update on Tesla’s official website, the company’s best-selling vehicles — comprised of the Model 3 sedan and the Model Y crossover — have been given substantial price cuts. .

United States 145

United States Tax Credit Price Tesla 145

Teslarati

JANUARY 2, 2023

Tesla and electric vehicle supporters are responding negatively to the Inflation Reduction Act’s qualified cars for its EV incentive. Credit: US Department of Energy. ” Vehicles in the SUVs/Trucks/Vans category are eligible for the IRA’s tax credit if they are priced at $80,000 or below. .”

Hybrid 145

Hybrid Tax Credit Tesla Jeep 145

Teslarati

JANUARY 14, 2023

The Tesla Model 3 price cuts have put the cost of a new base Tesla Model 3 lower than that of some used Tesla Model 3s in some cities. The recent price cuts enable buyers to purchase a base Model 3 for $43,990, and with the EV tax credit, that price is further reduced. due to the recent price cuts.

Price 98

Price Tax Credit Tesla Tax 98

Baua Electric

JANUARY 12, 2024

With a new special cash offer, the 2024 Hyundai IONIQ 6 can be significantly cheaper to buy than the upgraded Tesla Model 3 Highand. Hyundai is offering a $7,500 purchase incentive on the 2024 IONIQ 6. It’s essentially like receiving the full EV tax credit with a new purchase. 305 $51,265 SE Dual Motor AWD 77.4

Hyundai 52

Hyundai Tax Credit Tesla Kia 52

Baua Electric

APRIL 24, 2024

A new Tesla Model 3 Performance based on the refreshed Model 3—codenamed “Highland” by the automaker—is now available to order in the U.S. Appearing on Tesla’s website Tuesday, the new Model 3 Performance has a dual-motor all-wheel drive powertrain rated at 510 hp and 546 lb-ft of torque. since January.

Highlander 52

Highlander Tesla Tax Credit MPH 52

Teslarati

FEBRUARY 8, 2024

The Standard and Standard+ is an option with the R1T and R1S Dual-Motor AWD drive systems. Meanwhile, for R1 vehicles with Rivian’s Quad-Motor AWD configurations, the Standard and Standard+ battery packs are not an option. The all-electric car company will also launch Tesla NACS adapters later this year.

Range 99

Range Tax Credit Standards Tax 99

Green Car Reports

OCTOBER 24, 2018

Beginning next April, buyers of General Motors’ electric vehicles and plug-in hybrids won’t be getting the same break on their purchase as those who buy those vehicles from any other brand. Any other brand but Tesla, that is.

Tax Credit 124

Tax Credit GM Tax General Motors 124

Teslarati

JUNE 10, 2022

A new survey shows that prospective electric vehicle buyers are considering Tesla over any other brand as more buyers consider electrified options due to soaring gas prices. The survey results showed Tesla was still the dominant brand among EV shoppers, with most preferring either the Tesla Model 3 or Tesla Model Y.

Tax Credit 90

Tax Credit Tesla Gas-Electric Tax 90

Baua Electric

JANUARY 16, 2024

New incentives can make the 2024 Hyundai Ioniq 6 much cheaper than the newly updated Tesla Model 3, according to CarsDirect. But for those purchasing rather than leasing, the rebate drops the Hyundai’s base price from $38,615 to $31,115. and starts at $40,380 including destination.

Hyundai 52

Hyundai Highlander Tax Credit Tesla 52

Green Car Congress

APRIL 2, 2013

Tesla Motors, in partnership with Wells Fargo and US Bank, has created an automotive financing product that combines elements of ownership and leasing for Model S customers. Tesla offers a calculator on its Web site to allow potential buyers to make their own calculations. driving distances, etc.). driving distances, etc.).

Financing 210

Financing Tax Credit Sale Production 210

Teslarati

AUGUST 2, 2022

But while companies like Tesla and General Motors are definitely celebrating, electric truck maker Rivian is not. Currently, the United States offers consumers a $7,500 tax credit when they purchase an electric car, though this is capped at 200,000 units. Companies like Rivian have not. .

Tax Credit 98

Tax Credit General Motors United States Tax 98

Green Car Congress

MAY 20, 2010

Tesla Motors, Inc. and Toyota Motor Corporation (TMC) intend to cooperate on the development of electric vehicles, parts, and production system and engineering support. Tesla also has purchased the former NUMMI factory in Fremont, California, where it will build the Model S sedan ( earlier post ) and future Tesla vehicles.

Purchase 259

Purchase Toyota Tesla Long Beach 259

EV Life

JUNE 8, 2023

Like their electric car cousins, all-electric SUVs have come a long way—batteries have evolved to increase range and improve performance, new motors are providing impressive torque and towing capabilities, and prices have come down to make options more affordable, making these SUVs some of the most attractive sport utility options out there.

SUV 52

SUV Tax Credit Market Tax 52

EV Connect

AUGUST 9, 2021

Federal tax credits for electric vehicles have been extended through 2021, and the Clean Energy for America Act would extend those credits even further. Additionally, the tax credit would only expire once 50% of new cars sold in the US are EVs.

Colorado 52

Colorado Tax Credit Tax Purchase 52

Clean Fleet Report

JUNE 15, 2021

One of the reasons behind the drastic increase in sales was the more affordable price range of the Tesla Model 3, a best-seller in the U.S., An electric motor produces torque that propels the car faster than conventional gas-powered vehicles. Tesla’s Model 3 paved the way to powerful, affordable EVs. Europe and China.

Tax Credit 100

Tax Credit Maintenance Affordable Tax 100

EV Life

APRIL 14, 2023

It’s no secret that motor vehicle emissions are one of the main sources of pollution in the state of California and one of the leading causes of climate change in the country. Motor Vehicle Emissions at a Glance: California produces more than 1,000 tons of pollutants and more than 534,000 tons of greenhouse gas emissions every day.

California 52

California Tax Credit Climate Change Grant 52

Baua Electric

JANUARY 25, 2024

Hyundai accelerated construction to take advantage of government incentives like the $7,500 tax credit. Despite its vehicles not qualifying for the tax credit (only through leasing), Hyundai Motor (including sister company Kia) surged past Ford and GM for second in US electric vehicle sales in 2023 behind Tesla.

Hyundai 52

Hyundai Electric Vehicles Tax Credit Vehicles 52

Teslarati

JUNE 24, 2022

As of June 15, 2022, Ford will no longer offer the opportunity to purchase its three all-electric vehicles, the F-150 Lightning, Mustang Mach-E, and E-Transit Van, for new leases. Ford informed dealers in a letter that it was discontinuing the end-of-lease purchase option for the E-Transit van, Mustang Mach-E, and F-150 Lightning.

Ford 98

Ford Electric Vehicles Buy F-150 98

Plug in America

NOVEMBER 20, 2020

“Riding a cool looking bike that is literally the quickest vehicle around (with the exception of the Premium Tesla Model S) makes me very happy.”. Federal tax credit : Tax credit for the purchase of a new two-wheeled plug-in electric drive motor vehicle. Credit amount: up to $2,500.

Electric Motorcycles 98

Electric Motorcycles Motorcycles Tax Credit Los Angeles 98

Blink Charging

DECEMBER 19, 2023

Last year, Tesla opened its newly renamed North American Charging Standard (NACS) connector to other automakers. In a wave of announcements, legacy automakers including Ford, General Motors, BMW, and Nissan announced their intention to use the NACS connector in future EVs.

Tax Credit 52

Tax Credit Puerto Rico North America Tax 52

Teslarati

DECEMBER 7, 2021

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. It is no secret that Tesla fans have felt slighted by President Joe Biden and other members of his administration. Likely not.

Tax Credit 145

Tax Credit IDEA Buy United States 145

Green Car Congress

OCTOBER 12, 2014

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.

Davis 290

Davis Plug-in Plug Sale 290

Teslarati

DECEMBER 3, 2023

Federal electric vehicle (EV) tax credits will be reduced on purchases of two of Tesla’s Model 3 configurations next year, under updated guidance released by the White House this week. “Take delivery by Dec 31 for full tax credit.” Tesla Model 3 and Y still dominating U.S.

Tax Credit 136

Tax Credit Tax Range Tesla 136

Baua Electric

JANUARY 3, 2024

As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place. More on that below.

Tax Credit 52

Tax Credit Tax Electric Vehicles Vehicles 52

Teslarati

AUGUST 13, 2021

The coming school year would be different from the last, after all, and with face-to-face classes likely starting again, it was pertinent for the Professor to have the capability to drive the family’s Tesla Model 3 when needed. He drove a Tesla. Unfortunately for the Professor, he made a grave mistake. Driving Tests from Hell.

Tesla 145

Tesla Los Angeles California All-Electric 145

EV Life

APRIL 27, 2023

Teslas are by far the most popular electric vehicles in the industry today, controlling over 60% of the EV market. Recently, Tesla has been adjusting the pricing for many of its vehicles, with some models changing four times in just the last month.

Tax Credit 52

Tax Credit Tax Tesla Clean 52

EV Adoption

AUGUST 19, 2021

Should expensive electric vehicles be excluded from the federal electric vehicle tax credit (IRC 30D)? While this question is often hotly debated on social media, the proposed changes to IRC 30D would draw a line in the sand and establish an $80,000 MSRP cap on the credit.

Tax Credit 98

Tax Credit Tax Parts Hummer 98

EV Adoption

MARCH 3, 2021

This past week was certainly quite a whirlwind of EV news and developments from Volvo’s plans to end production of ICE vehicles by 2030, yet another proposal to reform the federal EV tax credit, chip shortages, Washington state’s plans to ban ICE vehicles by 2030, Lucid Air delay, Fisker to partner with Foxconn, and much, much more.

Volvo 95

Volvo All-Electric Tax Credit Fisker 95

Baua Electric

JANUARY 23, 2024

January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.

Tax Credit 52

Tax Credit Tax PHEV 2018 52

The Truth About Cars

MARCH 21, 2024

Boston Consulting Group, an American-based global management consulting firm that issued the report, said the figure accounts for customer tax credits — painting a rather bleak picture for the future of EVs. consumers surveyed by Boston Consulting Group in January said they intend to purchase an EV as their next vehicle.

Boston Consulting Group 105

Boston Consulting Group Boston F-150 Tax Credit 105

EV Adoption

APRIL 4, 2021

The Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) tax credit – commonly referred to as the “Federal EV tax credit” has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US.

Tax Credit 69

Tax Credit Tax PHEV Vehicles 69

Green Car Congress

FEBRUARY 8, 2011

Tesla Model S EV. Tesla Roadster EV. The strategy includes: Make electric vehicles more affordable with a rebate up to $7,500: The President is proposing to transform the existing $7,500 tax credit for electric vehicles into a rebate that will be available to all consumers immediately at the point of sale. Nissan LEAF EV.

2015 210

2015 Plug-in Tax Credit Plug 210

Baua Electric

JANUARY 2, 2024

The list of electric vehicles qualified for the EV tax credit in calendar year 2024 has been released. Noteworthy Tesla omissions include most of the Model 3 lineup (the Performance version is the only one that now qualifies), as well as the Model X Plaid and the entire Model S lineup. And as expected, it’s very short.

Tax Credit 52

Tax Credit Tax Chevrolet Jeep 52