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

EV Life

You should consult your own tax, legal and accounting advisors before engaging in any transaction. 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.

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

Teslarati

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.

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Canoo (GOEV) stock surges after OKC EV facility gets key approval

Baua Electric

Shares of American EV startup Canoo (GOEV) are surging after its Oklahoma City facility received approval as a Foreign Trade Zone (FTZ). If approved, Canoo FTZs will be one of the largest in Oklahoma. It also announced that USPS is purchasing six LDV 190 delivery vans as a transition to electric. per share).

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ICCT study finds state EV incentives playing a significant role in driving sales

Green Car Congress

They calculated benefits over the duration of ownership of the vehicle, assumed to be six years based on the average length of time a new vehicle is retained by the purchaser. The sales dataset was purchased from IHS, and included electric vehicle regulations by make and model in each state in 2013. per year in recent years.

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US DOE Awards $300 Million in Clean Cities Grants to Support Alternative Fuels, Vehicles, and Infrastructure Development

Green Car Congress

Team partners will purchase a total of 191 commercially available light- to heavy-duty alternative-fuel and advanced-technology vehicles. Louis, San Antonio/Austin, and Oklahoma City as well as a refueling corridor along I-10 in Louisiana (New Orleans, Baton Rouge, Lake Charles). The project also includes construction of a B20 station.