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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

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Toyota reduces pricing on 2014 Prius Plug-In in US

Green Car Congress

Production of the 2014 model year Prius Plug-in begins in October with pricing taking effect when these models arrive in showrooms in November.The Prius Plug-in qualifies for a Federal Tax Credit of up to $2,500 in addition to the State of California’s Clean Vehicle Rebate Program (CVRP) which offers a $1,500 rebate.

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

Teslarati

” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits. battery production.” Ford’s action is only the most recent illustration of how automakers are incorporating more and more restrictive clauses into their leasing agreements. . ” I’d love to hear from you!

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Mullen’s electric trucks earn CARB certification, qualifying for over $45k in customer savings

Baua Electric

Seven months after kicking off production of its Class 3 electric trucks in Mississippi, EV startup Mullen Automotive has secured fruitful environmental compliance and approvals from CARB and the EPA. starting at a suggested MSRP of $68,500. However, only the commercial customers in those 14 CARB-compliant states plus D.C. We shall see.

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Gas War: U.S. House Suggests Ending California Emissions Authority, White House Says Nope

The Truth About Cars

Leadership understands that California is a keystone state in terms of emission policy and sells enough vehicles to make it borderline impossible for the industry to rationalize building a separate product line. Ultimately, it doesn’t really matter if the proposed bill makes it through the House and Senate.

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The State of Medium- and Heavy-Duty Vehicle Electrification

Driivz

Massachusetts, New Jersey, New York, Oregon, Washington, and Vermont are adopting the same rules. This all translates into significant opportunity across the industry as manufacturers invest billions of dollars in scaling technology and production to meet demand, leading to new jobs in designing, manufacturing and servicing MHD EVs.

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First Drive: 2016 Hyundai Sonata PHEV and HEV

Green Car Congress

Hyundai will initially offer the Sonata Plug-in Hybrid in the ZEV states—California, Connecticut, Maine, Maryland, Massachusetts, New Jersey, New York, Oregon, Rhode Island and Vermont—in 2015. Hyundai expects California and Oregon to be the top markets and areas of focus.) Sonata models. Sonata HEV.

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