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Study finds EV buyers want rebates, not tax credits; government could have saved $2B

Green Car Congress

A study by a team from the George Washington University finds that not all financial incentives are created equal in the eyes of prospective car buyers, and the current federal incentive—a tax credit—is, in fact, valued the least by car buyers. The current federal electric vehicle tax scheme is a pain.

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Study: Point-of-sale EV rebates buyers prefer could have saved $2 billion vs. tax credits

Green Car Reports

Purchase incentives are an important tool for increasing EV adoption, but the current federal tax credit may not be the most effective, according to a new George Washington University study.

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Tesla starts applying EV tax credit at time of purchase

Baua Electric

Fewer Tesla EVs now qualify for the $7,500 federal EV tax credit, but for those that do, Tesla is now applying the credit at the time of purchase. The automaker’s website now says that eligible buyers will have the full $7,500 credit applied when they purchase their vehicles. Tesla started warning customers in Dec.

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Electric Vehicle Buyers Want Rebates, Not Tax Credits

CleanTechnica EVs

New study finds the current tax credit scheme for encouraging electric vehicle purchases is less valuable to car buyers and less equitable WASHINGTON — Financial incentives play an important role in the widespread adoption of electric vehicles.

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EV tax credit eligibility, Dodge electric muscle car, Tesla Supercharging win, Acura EV concept: Today’s Car News

Green Car Reports

Tesla tops a study of the charging experience. And we distill the list of eligible vehicles for the EV tax credit down to a very few. Dodge goes loud-and-proud with its electric muscle car. Acura shows how its design draws out in EVs. Evidence mounts for BMW shifting its battery strategy. The IRS has.

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Study: EV interest waning amid concerns over cost, charging

Baua Electric

Power study. Electric Vehicle Consideration study. For the first time since the study’s launch in 2021, analysts saw a decline in consideration of EVs by new-car shoppers. The drop in tax credit availability for many models likely hasn’t helped, either. On Thursday, J.D. 2024 Volkswagen ID.4

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Conservative poll says Americans resent electric-car tax credits

Green Car Reports

Results of a study released Tuesday by the American Energy Alliance found that most voters object to tax credits for electric cars. Tellingly, the poll also shows that the public generally supports electric cars themselves.