2008 Buy Tax Tax Credit 
Green Car Reports
MAY 29, 2018
Adding to Elon Musk's headaches this month, Tesla is about to hit the limit on federal tax credits for electric cars. The tax credits, passed in 2008 as part of the Energy Improvement and Extension Act and signed by President George W. Bush, grant taxpayers who buy.
Blink Charging
NOVEMBER 2, 2023
The US Department of Energy’s Vehicle Technologies Office reported a remarkable 89% decrease in the cost of electric vehicle lithium-ion battery packs between 2008 and 2022. In 2008, the cost per kilowatt-hour (kWh) was $1,355, but by 2022, it had dropped to $153 per kWh.
EV Adoption
APRIL 4, 2021
The Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) tax credit – commonly referred to as the “Federal EV tax credit” has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US.
Plugs and Cars
DECEMBER 13, 2007
The bill also increases to just more than $1 billion consumer tax credits for buying a plug-in hybrid, with a $5,000 per-vehicle maximum. It also creates a 20 percent tax credit for consumers who convert their vehicle to a plug-in, or up to $2,500. Over 200,000 PHEVs.
Revenge of the Electric Car
NOVEMBER 19, 2009
More details at: Group Seeks US Tax Credits To Spur Electric Car Use. to offer tax credits for buying all-electric plug-in vehicles as part of a $128 billion program to get seven million such cars on the road by 2018. UPDATE:Group Seeks US Tax Credits To Spur Electric Car Use. By Judith Burns.
Green Car Congress
JANUARY 1, 2011
In the US hybrids fell from about 3% of total sales in 2008-09 to 2.2% Increasing political animus towards the ethanol tax credit, which was “ begrudgingly renewed for one year in the lame-duck tax bill.” ” The team suggests that this may be the last extension for the credit.
Green Car Congress
AUGUST 30, 2015
A working paper by a team at the Energy Institute at Haas, University of California, Berkeley, has found that 60% of the $18 billion in US federal income clean energy tax credits issued between 2006 and 2012—e.g., Electric Vehicle Credit. Average credit per tax return, by income level. Click to enlarge.
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