Remove Affordable Remove Building Remove Industry Remove Tax Credit
article thumbnail

The Nissan Leaf is Eligible for a $3,750 Tax Credit Again

The Truth About Cars

The Nissan Leaf was already the most affordable EV on sale, but recent changes have made it even cheaper. The automaker announced that the car has regained eligibility for federal tax credits, though for only half of the maximum $7,500. has a free-trade agreement. has a free-trade agreement.

article thumbnail

Biden Administration mulls over reprieve from EV tax credits for automakers

Teslarati

One of the biggest concerns about the IRA’s requirements for EV tax credit eligibly regards battery packs, cells, and the materials used to manufacture them. In March, the United States Department of Treasury published the battery sourcing guidance, which automakers must comply with to reap the tax credits from the IRA.

article thumbnail

Tesla is no longer just a luxury brand, says major auto outlet

Teslarati

Tesla price cuts push EV market toward affordability with broader influence In 2022, Tesla’s prices were higher and were competing with companies such as Mercedes-Benz, Aston Martin and Lexus. While the Model 3 starts at $31,490 after the federal tax incentive in the U.S., average car price.

article thumbnail

Government of Canada investing nearly $15M in new EV chargers across the GTA

Green Car Congress

This funding was provided to 32 organizations, including municipalities, multi-resident buildings (MURBs), private firms and utilities. The Government of Canada announced federal investments totalling nearly $15 million (US$11.2

Canada 304
article thumbnail

BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. The steel industry cannot afford to wait for the 2040s to start its transition.

Hydrogen 221
article thumbnail

Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

Most people are turning towards initiatives that build the environment rather than destroy it. One of the reasons behind the drastic increase in sales was the more affordable price range of the Tesla Model 3, a best-seller in the U.S., Tesla’s Model 3 paved the way to powerful, affordable EVs. Europe and China.

article thumbnail

Hyundai Offering Free Chargers to EV Buyers, Swelling Industry Incentives

The Truth About Cars

That makes the $33,550 (before any federal tax credits or state incentives) Kona Electric the most affordable way to take advantage of the deal. But you’ll still have to find someone to install the unit into your home, to which the manufacturer has offered a $600 credit toward installation.

Hyundai 105