article thumbnail

How Do the Electric Vehicle Tax Credits Work?

Blink Charging

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. The good news is that there are now tax credits for individuals and businesses that buy or lease a new or used electric vehicle! First, the easy part: How do I claim the $7,500 EV tax credit?

article thumbnail

Volkswagen Group 2014 sustainability report shows progress on key environmental performance indicators; Strategy 2018 and leadership in e-mobility

Green Car Congress

The report provides information on the progress achieved in economic, environmental and social sustainability in 2013, and was drawn up in accordance with the G3 Guidelines of the Global Reporting Initiative (GRI). Strategy 2018. By 2018, “Think Blue. million, which equates to 12.8% of the global passenger car market.

2018 275
article thumbnail

State Auditor says California may not meet 2030 GHG reduction goal; says aspects of CARB efforts lacking

Green Car Congress

Although other state sources of GHG emissions have been declining, emissions from transportation have increased since 2013, and GHG emissions from transportation accounted for 40% of all statewide emissions in 2018. training activities that its own guidelines require, the report found. Key recommendations.

article thumbnail

China’s EV sector needs concrete revisions in the dual credit policy, not vague comments

China EV

More importantly, China Daily reported that Miao said MIIT is working on guidelines for the NEV sector, including the dual-credit scheme. million in 2018. Non-monetary policies were such as preferential vehicle registration and a sales tax exemption have been as effective as the purchase subsidy at promoting NEV sales in some cities.

China 94
article thumbnail

SUVs to contribute 65% of Hyundai Motor India’s volumes in CY24 | Autocar Professional

Baua Electric

By July 2018, the company had clocked cumulative sales of 300,000 units of the popular mid-size SUV. While the Creta went home to around 40,000 buyers in the first six months (July-December) after its launch in July 2015, and achieved the 100,000 milestone in August 2016, the number was doubled in August 2017.

Hyundai 40
article thumbnail

America’s lithium laws fail to keep pace with rapid development – ET Auto

Baua Electric

lithium operation – a small mine operated by Albemarle – has taxed minerals for more than 100 years, but at a rate based on each facility’s revenue. California, which has giant lithium reserves in its Salton Sea region east of Los Angeles, last year imposed a flat-rate tax for each metric ton of lithium.

article thumbnail

What to Expect with Charge Ready New York 2.0

EV Connect

is the much-anticipated sequel to 2018’s Charge Ready NY. The New Program in Detail According to the guidelines set out by the NYSERDA, funding will cover 80% of the hardware and installation costs of charging stations. rebates can be combined with State and Federal tax credits for installing charging stations.