Teslarati

APRIL 5, 2023

Tesla will be receiving lithium supplies from Quebec, giving it an edge in meeting the Inflation Reduction Act’s battery requirements for EV tax credits. A Major Source of Li in North America In a press release , Tesla lithium supplier Piedmont Lithium Inc. Tesla Ahead of the Curve Last week, the U.S.

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Tax Credit Tax North America Supplies 108

CleanTechnica EVs

APRIL 8, 2023

It has also added a RWD version of the Model Y for North America. Tesla has juggled its prices once again, lowering the price of the Model 3 RWD by $1,000 and the Model Y by $2,000.

Tax Credit 125

Tax Credit Price Tax North America 125

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. First, the easy part: How do I claim the $7,500 EV tax credit?

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Tax Credit Tax Electric Vehicles North America 72

Teslarati

MARCH 31, 2023

The IRS has updated its guidance relating to the Inflation Reduction Act’s (IRA) tax credit that applies to electric vehicles, with new rules coming into effect on April 18. These rules go into effect on April 18, and the IRS will publish a new list of what models will qualify for specific credits.

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Tax Credit Tax North America United States 88

Teslarati

MAY 22, 2023

Tesla is shipping another batch of vehicles from China to North America as a second ship packed with all-electric cars built at Gigafactory Shanghai is on its way to Canada. based customers to take advantage of the tax credits that make the cars more affordable. Update: 1:41 PM EDT: Para 3 updated for accuracy.

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North America China America Tax Credit 145

Electrek

AUGUST 16, 2022

The Inflation Reduction Act , the major climate bill, was signed today , changing the availability of electric vehicle tax credits. Now, only EVs assembled in North America qualify for the credits. Today the US government released a preliminary list of which vehicles currently qualify for the $7,500 EV tax credit.

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Tax Credit Tax North America Climate 99

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 Batteries Battery 60

Teslarati

DECEMBER 29, 2022

EV tax credit. The Internal Revenue Service (IRS) announced the vehicles that qualify for the 2023 EV tax credit. federal tax credit includes EVs made by fourteen manufacturers. The post Tesla, VW and several other EVs that qualify for the new 2023 US EV tax credit appeared first on TESLARATI.

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Tax Credit Tax Tesla Jeep 132

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

Electrek

APRIL 11, 2022

According to recent comments from Toyota North America, the automaker expects to surpass the 200,000 vehicle threshold for EV sales sometime this summer, disqualifying itself from any additional tax credits in the United States under current legislation.

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Tax Credit Tax Toyota North America 92

Electrek

DECEMBER 2, 2022

The Inflation Reduction Act , the major climate bill, was signed today , changing the availability of electric vehicle tax credits. Now, only EVs assembled in North America qualify for the credits. Today the US government released a preliminary list of which vehicles currently qualify for the $7,500 EV tax credit.

Tax Credit 75

Tax Credit Tax North America Climate 75

Electrek

OCTOBER 3, 2022

Georgia Senator Reverend Warnock introduced a new bill that would expand which electric vehicles qualify for a tax credit through the Inflation Reduction Act. The post Georgia Senator introduces bill that would allow Hyundai, other automakers to qualify for EV tax credit appeared first on Electrek.

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Tax Credit Georgia Tax Hyundai 74

Electrek

DECEMBER 2, 2022

Volkswagen Group CEO Oliver Blume recently shared that the company is actively searching for a home for its first battery cell factory in North America. 4 to continue to qualify for US federal tax credits, while opening the door for more EVs under its umbrella to qualify.

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Tax Credit Tax North America Tennessee 71

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. Alternatively, the batteries can be produced from materials recycled in North America. has a free-trade agreement.

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Tax Credit Tax North America Chevrolet 84

EV Life

OCTOBER 7, 2023

The Treasury Department just released new guidance that will enable consumers to use their $7500 EV tax credits more like an upfront rebate starting in January 2024. However, new vehicle requirements are also taking effect that raise questions about which vehicles will still qualify for tax credits in the new year.

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Tax Credit Tax Buy Purchase 52

The Truth About Cars

JANUARY 10, 2024

After several months of spy shots and looking at the updated Tesla Model 3 in European markets, the car is finally available in North America. That said, there’s no mention of tax credits for the car, though buyers can still get a credit by leasing. Image: Tesla] Become a& TTAC& insider.

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North America Available America Tax Credit 103

Electrek

SEPTEMBER 8, 2022

Magna Steyr – an Austrian-based contract manufacturer owned by Magna International – recently shared aspirations to enter the US market and produce vehicles in a climate-friendly facility in North America. Based on revised terms for US federal tax credits, could a move by Magna happen? appeared first on Electrek.

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Tax Credit Fisker Tax North America 72

EV Life

MAY 19, 2023

The Inflation Reduction Act of 2022 (IRA) introduced new guidelines for a federal EV tax credit aimed at helping qualified drivers purchase an electric vehicle. The tax credit is part of a broader plan to make 50% of new vehicles sold in the United States hybrids or plug-ins by 2030. dependence on China.

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Tax Credit Tax Personal F-150 52

Electric Vehicles India

NOVEMBER 1, 2021

Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles . A proposed US tax credit for new electric bicycle purchases bumped backed up to a full 30%. The bicycle market in India is valued at USD 0.9 billion with 15 million bikes a year. billion, a fraction of the European market.

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Tax Credit Tax Electric Electrical 79

Electrek

SEPTEMBER 6, 2022

The company expects its all-electric mine to source enough lithium to power up to 500,000 EVs in North America each year, which could prove vital in the US as the automotive industry shifts its supply chains domestically in order to qualify for revised federal tax credits.

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North America America All-Electric Tax Credit 98

Green Car Congress

MAY 11, 2023

Cirba Solutions, a comprehensive battery materials and management company for end-of-life batteries and gigafactory scrap, selected global professional services company Jacobs to expand manufacturing capacity for sustainable electric vehicle (EV) battery materials across North America.

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Tax Credit Batteries Battery Lithium Ion 218

Teslarati

APRIL 22, 2024

Ford battery supplier SK On remains bullish on EVs despite past challenges SK On is working hard to expand its business, especially in North America. 4 EVs with SK On battery component became eligible for the Inflation Reduction Act’s (IRA) full $7,500 tax credits. In January 2024, Volkswagen ID.4

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Tax Credit Batteries Battery North America 108

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. That is, at least, unless one takes into account federal tax credits in the United States. Previously, the vehicle was priced at $45,990 before options.

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Tax Credit Price Motor Motors 124

Green Car Congress

AUGUST 16, 2023

Source: Inflation Reduction Act: Impact on North America Metals and Minerals Market Demand for copper will be 12% higher by 2035 than pre-IRA projections. Copper is not currently listed as a critical mineral in the United States and does not qualify for IRA tax credits.

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Global Chile United States North America 370

Green Car Congress

MAY 3, 2023

BlueCruise is now equipped on 199,000 Ford and Lincoln vehicles in North America and customers have accumulated more than 70 million hands-free miles driven with the technology. The Mustang Mach-E qualifies for potential Inflation Reduction Act federal tax credits in 2023 of $3,750.

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Standards Range Ford Price 417

Electrek

SEPTEMBER 23, 2022

Carbon-conscious mining company Snow Lake Lithium and battery production specialist LG Energy Solution announced they have signed a Memorandum of Understanding (MOU) to establish a domestic supply chain of lithium in North America. This domestic supply chain could help several automakers qualify for US federal tax credits as well.

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North America America Supplies Tax Credit 61

Green Car Congress

MAY 24, 2023

Circulor’s approach can also support the automotive industry in proving the requirements of the US Clean Vehicle Tax Credit. The software tracks the physical flow of critical raw materials throughout the product life cycle, capturing key sustainability and product data and facilitating recovery and recycling efforts.

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Tax Credit Batteries Battery Tax 170

Green Car Reports

NOVEMBER 30, 2022

The IRA continues the $7,500 federal EV tax credit, but to qualify for the full amount, it stipulates that EVs and their battery packs must be assembled in North America, and certain minerals used in batteries must.

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Hyundai Tax Credit North America Batteries 130

Teslarati

MAY 11, 2024

Credit: Tesla The recently launched base-level Model Y Long Range RWD currently starts at $44,990 before federal and local tax credits, while the Long Range AWD and the Performance trims start at $47,990 and $51,490, respectively. Tesla’s Model Y comprised over a third of all Q1 EV sales in the U.S. What are your thoughts?

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North America Tesla New York City Tax Credit 136

Blink Charging

JANUARY 19, 2024

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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Tax Credit Tax North America Clean 94

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

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 82

Green Car Congress

AUGUST 9, 2023

million miles with fleets across North America, gaining experience transitioning fleets, refining truck capabilities, and delivering high-quality performance. Argo vehicles will be manufactured in the US and are eligible for the IRA tax credit and as well as select incentives programs.

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Power Powered Tax Credit Fleet 370

Green Car Congress

MARCH 31, 2010

Nissan North America, Inc. Including the $7,500 federal tax credit for which the Nissan LEAF will be fully eligible, the consumer’s after-tax net value of the vehicle will be $25,280. Charging dock and installation are eligible for a 50 percent federal tax credit up to $2,000.

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Tax Credit Tax Nissan 2011 186

Green Car Congress

JANUARY 9, 2010

billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the United States. President Obama announced the award of $2.3 The 183 projects in 43 states include several for the manufacturing of advanced batteries; biomass projects; and vehicles.

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Tax Credit Obama Tax Clean 210

Teslarati

OCTOBER 24, 2023

LG Energy Solution (LGES) recently announced that its battery facility in Arizona will become a key production hub for 46-series cylindrical cells in North America. The Korean battery supplier’s operating profit included the estimated IRA tax credit amount of KRW 215.5 billion with a margin of 6.3%.

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Arizona Tax Credit Energy Tax 115

Baua Electric

FEBRUARY 28, 2024

REE has initiated customer deliveries of the first batch of P7-C demonstration trucks for multiple fleet evaluations in North America via its dealer network. The P7-C qualifies for the IRS Commercial Clean Vehicle Tax Credit , which offers a tax credit of up to $40,000 per vehicle.

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Tax Credit Charging North America Dealers 52