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Tesla embraces new immediate EV tax credit system

Teslarati

Tesla has embraced the new immediate use of the EV tax credit, which was announced last year by the IRS and Department of the Treasury. In October , the IRS and Department of the Treasury announced that it would issue new guidance regarding the EV tax credit, with the changes taking effect in 2024. Buying an EV?

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New propaganda video on electric-car tax credits: time to debunk!

Green Car Reports

federal income-tax credit for purchase of an electric car has seen its share of attacks over the years. While facts don't lie, it's easy to create a new narrative by taking carefully chosen facts out of context and presenting only a small part of a broader.

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J.D. Power: First-time owners find switching to EVs highly satisfactory

Green Car Congress

We know from our research that many consumers have concerns during the purchase consideration process with aspects like battery range and vehicle charging. However, once someone has purchased a BEV, they’re pretty much hooked. Making the initial leap of faith into owning a BEV is proving to be very satisfying. —Brent Gruber.

Power 259
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3 Reasons an Electric Vehicle is the Perfect Present

EV Match

As if one partner would buy two new cars – a significant purchase – for her and him as a complete surprise. Car and Driver ‘s comparison did factor in the $7,500 federal tax credit, but it didn’t consider state, utility, and local credits and incentives. Credit: Tesla. Tesla Cybertruck.

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Progress! IRA signed into law

Electric Auto Association

EV provisions The legislation creates a new and used EV tax credit, extending the tax credit on some new EVs to 2032 while shifting tax incentives to more affordable models that are manufactured in North America. This will support millions more low- and middle-income families than the original credit.

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OECD paper presents and analyzes policies and programs to foster market growth of green cars

Green Car Congress

The paper, “Market Development for Green Cars”, presents and analyses policies, programs and approaches for the development, market introduction and diffusion of green cars (primarily from the demand (pull) side). For example, one factor that is holding back purchases of electric vehicles in particular is the limited driving range.

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Everyone’s EV

Electric Auto Association

To spread that message, she chose to purchase a new Chevrolet Bolt. “My Fellows set out to purchase the new car in December, when, like now, EVs were difficult to come by. “I The Bolt needs to be priced at $28,000 so the $7500 tax credit will bring it down to around $21,000, where it’s comparable to the Toyota Corolla.”