2015 Financing Grant Tax Credit 
Green Car Congress
MAY 31, 2012
Although the Company’s intent is to improve its operating efficiencies and to obtain additional financing, there is no assurance that the Company will be able to obtain such financing on favorable terms, if at all, or to successfully further reduce costs in such a way that would continue to allow the Company to operate its business.
Green Car Congress
JULY 12, 2009
US Senator Robert Menendez (D-NJ) last week introduced new legislation, co-sponsored by Senate Majority Leader Harry Reid (D-NV) and Senator Orrin Hatch (R-UT) that extends and increases tax credits for natural gas vehicle purchasing, refueling and manufacturing. Includes conversions and repowers.
EV Life
APRIL 27, 2023
The reason for the price changes is due to several factors, including shifts in demand and changes to federal rules regarding which electric vehicles qualify for tax credits. In addition to the federal EV tax credit, we’ll examine the various state rebates and grants available to California drivers who qualify.
EV Life
OCTOBER 14, 2023
For the Model X, the new base price of $79,990 (down $8,500 from the previous price) means it now qualifies for the federal tax credit of $7,500 outlined by the Inflation Reduction Act of 2022. The federal tax credit has MSRP limits of $55,000 for cars and $80,000 for SUVs and trucks. And it doesn’t stop there.
Green Car Congress
MAY 13, 2010
The bill increases incentives for clean technology manufacturing, by expanding the clean energy manufacturing tax credit by $5 billion, providing incentives for the production of advanced vehicles and component parts and funding investments in energy efficiency innovation. Investing in clean vehicles.
Green Car Congress
JANUARY 26, 2011
In his State of the Union address last night, President Obama highlighted his goal of making the United States the first country in the world to put one million advanced technology vehicles on the road by 2015. Supported by Recovery Act investments, battery costs are projected to drop by 50% by 2013 or 2015. Infrastructure.
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