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EIA: State tax rates for retail gasoline and diesel increased in 13 states in 2023

Green Car Congress

In January 2023, state taxes and fees on gasoline and diesel fuel averaged $0.3163 per gallon (gal) of gasoline and $0.3388/gal of diesel fuel, according to the US Energy Information Administration (EIA). These taxes have increased in 13 states since July 2022. gal), although that low tax rate will gradually increase through May 2023.

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Your Guide to Electric-Vehicle Charging-Station Tax Credits

EV Connect

And thanks to a variety of tax credits and incentive programs, the barrier to entry may be lower than you think. On the federal, state and local levels, there are a plethora of tax credits for installing electric-vehicle charging stations. Washington state offers tax credits for up to 50% of the costs of equipment and related costs.

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Blazer EV price cut, Dodge electric muscle, Rivian R2 and R3: The Week in Reverse

Baua Electric

Which affordable EV regained its EV tax credit eligibility this week? Rivian used the moment to pause (and delay) plans for its massive Georgia plant to get the R2 to production by early 2025. With the price cut, the Blazer EV will cost $50,195, or just $42,695 to households who can take advantage of the $7,500 tax credit.

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Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits. Ford confirmed to CarsDirect that its communication was legitimate. “The purchase of the BEV Lease is to aid in our goal of delivering carbon neutrality by 2050 by controlling the vehicle battery through its life, keeping it in the Ford network.”

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Westwater Resources is building a facility in Alabama to process one of the largest graphite deposits in the US

Charged EVs

One of these is Westwater Resources, which controls what it says is the second-biggest graphite deposit in the US (the biggest is in a remote region of Alaska). If you do the math and make some assumptions, it means $550-600 of the total tax credit is attributable just to graphite. The IRA is probably here to stay.

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