Remove tag Incentives
article thumbnail

GM expects Chevrolet Silverado EV to get full $7,500 tax credit

Teslarati

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. The legacy automaker recently announced that its customers will benefit from the full $7,500 clean vehicles purchase incentive across its entire EV fleet lineup under a given MSRP cap.

article thumbnail

Biofuel Companies and Trade Associations Push for Extension to Investment Tax Credits for Cellulosic Biofuels and The Inclusion of Algae Biofuels

Green Car Congress

A group of 35 biotechnology and biofuel companies and trade associations are urging the leaders of the House Ways and Means Committee to extend tax credits for cellulosic biofuels for four years, to allow algae biofuels to qualify for those tax credits, and to create an option for monetizing the tax credits as tax refunds.

article thumbnail

Biodiesel Board Study Asserts Critical Importance of Biodiesel Tax Credit, Calls for Extension

Green Car Congress

The original biodiesel tax credit was passed in 2004 and has been extended twice. per gallon excise tax credit. The study examined the economic impact of the biodiesel industry and the negative consequences of allowing the credit to lapse. Economic Impact of Eliminating the Biodiesel Tax Credit.

article thumbnail

Nissan Sets US MSRP for 2011 LEAF EV at $32,780; As Low as $25,280 with Federal Tax Credit

Green Car Congress

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. Tags: Electric (Battery). Earlier post.).

article thumbnail

Tesla slashes prices on Model Y and Model 3 inventory units

Teslarati

A red Model Y AWD is listed in the Bay Area with a $51,970 price tag. There is a red 2023 Model 3 Dual-Motor Performance AWD in Fremont, California, with a $53,590 price tag. New Tesla Model Y and Model 3 units are eligible for the federal EV tax credit under the Inflation Reduction Act. Its initial price was $52,490.

Price 100
article thumbnail

The Best Electric SUVs on the Market

EV Life

The Model Y qualifies for the full $7,500 federal EV tax credit. At the moment, the Mach-E only qualifies for half of the federal EV tax credit, providing eligible drivers a credit of up to $3,750. The Chevy Bolt EUV also qualifies for the full $7,500 federal EV tax credit. The other upside?

SUV 52
article thumbnail

Michigan Approves Li-ion Maker Johnson Controls-Saft for Tax Credits, $20M Pack Credit

Green Car Congress

The Michigan Economic Growth Authority (MEGA) board approved Johnson Controls-Saft Advanced Power Solutions LLC (JCS) for an Anchor Jobs incentive. Under this designation, a company that attracts or influences a supplier or customer to locate or expand in Michigan can qualify for tax credits. Tags: Brief. Earlier post.).