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Solving the Electric Vehicle Charging Conundrum

Cars That Think

There are also, incidentally, income tax credits at the federal and state levels for installation of EV charging equipment. It doesn't cover the whole thing, but you do get a chunk of it back as a tax credit. And the issue here is that you get a federal income tax credit. So that's what it takes.

article thumbnail

Solving the Electric Vehicle Charging Conundrum

Cars That Think

There are also, incidentally, income tax credits at the federal and state levels for installation of EV charging equipment. It doesn't cover the whole thing, but you do get a chunk of it back as a tax credit. And the issue here is that you get a federal income tax credit. So that's what it takes.

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EPA Administrator broadly outlines Trump Administration thinking on fuel economy standards and California

Green Car Congress

Kelly Blue Book earlier this month reported that the the estimated average transaction price for a light vehicle in the United States was $37,401 in August 2019, up 2% from August 2018. Of the roughly 57,000 households that received the EV tax credit in 2016, nearly 80 percent had at least a six-figure income.