Green Car Congress
JULY 9, 2022
A study by a team from the George Washington University finds that not all financial incentives are created equal in the eyes of prospective car buyers, and the current federal incentive—a tax credit—is, in fact, valued the least by car buyers. The current federal electric vehicle tax scheme is a pain.
EV Adoption
FEBRUARY 23, 2021
For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit. Chart Source: EV Volumes.
Green Car Reports
JANUARY 8, 2019
For a bunch of electric-car owning acolytes, our readers are surprisingly sanguine about the reduction and eventual expiration of plug-in tax credits on electric-car sales. We've reported extensively on the expiring tax credits, which will affect models from Tesla and GM in 2019.
Green Car Reports
JANUARY 2, 2019
The wind-down of federal tax credits on plug-in vehicles begins to hit in 2019. Tax credits for Tesla buyers were already reduced to $3,750 on Tuesday. The reduction in the credits is likely to have an effect on sales, especially as GM has already.
Green Car Congress
DECEMBER 30, 2018
The first year of maintenance is free of charge and customers are eligible for a tax credit (subject to individual tax circumstances) from the state of California for up to $5,000. NEXO can be leased for $399 (Blue model) or $449 (Limited model) for 36 months and can be purchased for $58,300.
Green Car Reports
DECEMBER 17, 2018
If you happen to be in California, rejoice; the 2019 Hyundai Kona Electric will arrive at dealerships in January, at just $37,495. That brings the effective total to $29,995 for the Kona Electric, provided you have enough taxable income to receive the full the federal electric vehicle tax credit.
Green Car Reports
SEPTEMBER 17, 2018
The 2019 Nissan Leaf doesn't cost any more than it did last year, but it also won't deliver any additional electric range—yet. That's before any government tax credits or rebates. The Leaf is eligible for a full $7,500 federal tax.
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