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Upcoming Changes to the Clean Vehicle Tax Credit Explained

Blink Charging

To encourage clean and energy-efficient vehicle adoption, the United States government has made significant changes to the Clean Vehicle tax credit, to take effect from January 1, 2024. These changes make it easier for drivers to access tax credits when purchasing clean vehicles. According to the U.S.

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Proposed Changes to Federal EV Tax Credit – Part 2: End of the Manufacturer Sales Phaseout

EV Adoption

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). Elimination of the Manufacturer 200,000 EVs Sold Phaseout Threshold.

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Feature: Bridging the EV Affordability Gap

Clean Fleet Report

Rebates & Tax Credits Don’t Help Most Americans. Even though there are generous EV tax credits, rebates from states and utilities, and other incentives that can save drivers $10,000 or more per EV, most people aren’t aware these programs even exist. EV Climate Loans Help Close the Incentives Gap.

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Electric Vehicle Spotlight: Financing a Chevrolet Bolt EUV

EV Life

Today, we’ll be taking a look at one of Chevy’s most popular, affordable, and revolutionary offerings, the Chevrolet Bolt EUV. We’ll also explore the best ways to save money on the purchase of a Bolt EUV by taking advantage of available EV incentives with an EV Climate Loan through EV Life. Colorado Electric Vehicle Tax Credit.

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Electric Vehicle Spotlight: Financing Chevrolet Equinox EV

EV Life

Building on the success of the popular and affordable Bolt EV and Bolt EUV , the automaker has continued to expand its electric offerings to include EV versions of several of its most popular models. We’ll also show you how to save a ton of money by financing your purchase through EV Life. Colorado Electric Vehicle Tax Credit.

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Tesla rolls out slight Model S, Model X, and Model Y price increase in the US

Teslarati

Tesla also highlighted a number of perks with the purchase of the flagship sedan and SUV. The EV maker also noted that financing for Model S and Model X purchases start as low as 3.99%. “I can’t emphasize enough the whole — just fundamental question of affordability.

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EV Life is awarded CalSEED grant from the California Energy Commission to make financing electric cars cheaper than gas vehicles.

EV Life

The average California driver qualifies for over $10,000 in EV rebates and tax credits, but incentives can take 12 to 18 months to recoup post-purchase. With the threat of climate change, we can’t afford to wait until 2024 for the purchase price of EVs to be cost-competitive.