EV Life

JANUARY 4, 2024

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?

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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.

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EV Life

MAY 5, 2023

This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car.

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EV Adoption

AUGUST 19, 2021

Should expensive electric vehicles be excluded from the federal electric vehicle tax credit (IRC 30D)? While this question is often hotly debated on social media, the proposed changes to IRC 30D would draw a line in the sand and establish an $80,000 MSRP cap on the credit.

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EV Life

APRIL 7, 2023

That’s why it’s no surprise that the high sticker price of many electric vehicles, particularly Tesla models, has long been one of the main deterrents for people looking to buy a new car, truck, or SUV. Tesla’s electric vehicles are by far the most popular EVs in the country. Which brings us to Tesla. Not anymore.

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Charged EVs

SEPTEMBER 22, 2022

The provision that’s gotten the most press is a redesign of the federal EV tax credit—that’s only natural, because it’s the policy that’s most likely to directly affect the average consumer, and because politicians love to talk about tax breaks. Credit where credit is due.

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EV Life

AUGUST 17, 2022

Federal EV Tax Credit. To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car. The tax credit depends on the manufacturer you choose and vehicle battery.

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EV Adoption

SEPTEMBER 7, 2021

One of the biggest complaints about the federal electric vehicle (EV) tax credit (IRC 30D) is that its structure of using a non-refundable tax credit is clearly more beneficial to higher-income households. How the Current Tax Credit Works For EV Buyers.

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EV Adoption

AUGUST 23, 2021

One of the proposed changes to the federal EV tax credit that has flown a bit under the radar is also one of the most political and protectionist in nature. Effective January 1, 2022, electric vehicles with final assembly* (see definition at the end) in China would no longer qualify for IRC 30D (federal EV tax credit).

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Green Car Reports

JANUARY 16, 2018

Today, we've got some wrapup articles from both last week's Consumer Electronics Show and this week's Detroit auto show, thoughts on the electric-car tax credit, and greener wheels in Costa Rica. All this and more on Green Car Reports.

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EV Life

JUNE 8, 2023

The electric vehicle market has expanded rapidly in the last few years as automakers have introduced a variety of EV models to keep up with demand. These days, all-electric options are available in every type of vehicle, from high-horsepower electric sports cars to stylish electric luxury sedans to torque-heavy electric trucks.

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EV Life

JANUARY 4, 2024

It has a truly distinctive futuristic design coupled with some pretty impressive capabilities under the hood and all the available features you would expect from the world’s leading electric vehicle producer. The tri-motor all-wheel drive model boasts 0-60 in 2.9 Available EV Incentives Federal Tax Credit.

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EV Life

DECEMBER 12, 2023

When it comes to electric vehicles, crossovers serve a couple of other very practical functions. These standards are important because they dictate the MSRP limit the vehicle must meet in order to qualify for the federal EV tax credit, which can make or break sales numbers. Where Are All the True SUVs?

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EV Life

OCTOBER 14, 2023

In early September 2023, Tesla announced price cuts to the Model X and Model S, reducing the sticker price of all trim levels by 15-19%. For the Model X, the new base price of $79,990 (down $8,500 from the previous price) means it now qualifies for the federal tax credit of $7,500 outlined by the Inflation Reduction Act of 2022.

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EV Life

JUNE 15, 2023

Despite many legacy brand automakers jumping into the EV space and releasing new electric models, Tesla continues to dominate the electric car market. Drivers can apply for financing directly on the Tesla website during the car-buying process by filling out a credit application in their Tesla Account after placing an order.

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EV Life

AUGUST 10, 2023

The debut in 2021 of the all-electric version of America’s most popular pickup truck, the Ford F-150 Lightning , marked a major shift in the truck landscape. Since then, Ford has continued to introduce improvements to its popular all-electric truck, even winning MotorTrend’s Truck of the Year in 2023.

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Electric Auto Association

SEPTEMBER 9, 2022

EV provisions The legislation creates a new and used EV tax credit, extending the tax credit on some new EVs to 2032 while shifting tax incentives to more affordable models that are manufactured in North America. This will support millions more low- and middle-income families than the original credit.

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Clean Fleet Report

SEPTEMBER 8, 2022

The Inflation Reduction Act of 2022 is the federal government’s largest investment in clean energy and includes substantial incentives aimed to accelerate electric vehicle adoption in America. Reimbursing Employees for the Business Use of their Electric Vehicles. The Bolt EV could help a company meet its ESG goals.

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Teslarati

JANUARY 3, 2023

A new tool released by Recurrent Auto shows car buyers which used EVs qualify for federal tax incentives based on a simple VIN search. As electric vehicles have become ever-more popular in the United States, so has the market of used EVs. What do you think of the article? This eligibility tool makes it much easier.

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Charged EVs

SEPTEMBER 23, 2022

The car that once advertised itself as “The Standard of the World” will go all-electric. It seems about as relevant to the electric-vehicle transition as a Caterpillar excavator. Yet Cadillac is leading the high end of General Motors’ ambitious move into EVs for all its brands. Lyriq launch pulled ahead.

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Teslarati

AUGUST 6, 2022

I received some great feedback on one of my recent articles from Todd Malan, Chief External. Manchin’s EV tax credit proposal. Credit: Talon Metals. Todd shared his thoughts on Manchin’s EV tax credit proposal. Some automakers are not happy with Senator Manchin’s EV tax credit proposal.

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Blink Charging

FEBRUARY 1, 2024

Automotive dealerships must prioritize upgrading their electric infrastructure to support the anticipated increase in electric vehicle (EV) sales, projected to reach 2.5 A BESS is a type of technology that utilizes batteries to store and supply reliable electricity when needed at desired levels and quality.

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Baua Electric

JANUARY 19, 2024

General Motors’ Cadillac is ramping up production of its Lyriq compact, electric sport utility vehicle now that more batteries are available and demand for luxury EVs remain strong despite a slowdown for other types of EVs, a senior executive said on Thursday. . government tax credit this month as new sourcing guidelines kicked in.

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EV Life

AUGUST 24, 2023

American EV manufacturer Rivian Automotive initially unveiled a prototype of its futuristic all-electric SUV—the R1S—at the Los Angeles Auto Show in November 2018. The R1S joins the increasing number of attractive electric SUVs being debuted in the EV market. Rivian R1S: Adventure Package Built-In Off-Road Capability.

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Teslarati

AUGUST 6, 2022

Now, Vermont will be the first state whose governor’s official vehicle is all-electric. More funding has been introduced via the Electric Vehicle Supply Equipment Grant Program, which will grant funding for EV charging placed at multi-unit residents. What do you think of the article? 1/2 pic.twitter.com/K6DrgV5gsk.

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Blink Charging

JUNE 6, 2023

Electric vehicle ownership is expanding. As electric vehicle ownership expands to the public, EV charging at residential and multifamily communities is critical. With 80% of all charging taking place at the home, single and multifamily homes must install EV chargers for residents. There are now over 3.6

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Teslarati

AUGUST 16, 2022

Dodge has announced today that it will discontinue the Challenger and Charger models in 2023 as it plans to transition to electric vehicles. On the other hand, multiple Stellantis brands have shown an affinity for electric vehicle sales success in Europe. French brands Peugeot, DS, and Citroen, have all been selling electric models.

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EV Match

JANUARY 13, 2023

The convenience of charging your electric vehicle (EV) at home paired with numerous EV charging rebates and incentives makes right now an ideal time to go electric. According to the United States Department of Energy, 80% of EV charging occurs overnight at drivers’ homes, which isn’t all that surprising.

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Teslarati

FEBRUARY 15, 2023

To achieve a production run rate of 600,000 electric vehicles annually by the end of this year and a run rate of 2 million EVs by the end of 2026, Ford has set its electrification targets high. What do you think of the article? Perhaps in an attempt to distance itself from the deal, no CATL representatives appeared at the event.

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EV Match

DECEMBER 22, 2022

There are billions of dollars of electric vehicle (EV) charging incentives throughout the United States. These incentives are offered by the federal government, state governments, local jurisdictions, and electric utility companies in hopes of boosting the installation volume of EV chargers across the nation. EVSE Ports.

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Electric Vehicles India

NOVEMBER 8, 2021

Australia’s Prime Minister Scott Morrison has announced the federal government’s new electric vehicle strategy to encourage people to buy electric vehicles. The government said that it has ruled out subsidizing the expansion of electric and hybrid vehicles and expects only 30% of new sales to be EVs by 2030.

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Teslarati

APRIL 29, 2023

The Tesla Model 3 now qualifies for the full $7,500 EV incentive thanks to a new loophole in the tax incentive system. The EV tax credit changes currently preventing most EVs from receiving incentives are “ battery sourcing” requirements. What do you think of the article?

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Baua Electric

MARCH 3, 2024

Washington has a strong interest in Chile as the world’s largest producer of copper and the second largest producer of lithium, both components needed in batteries for electric vehicles and other technologies as part of the green transition.

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Cars That Think

DECEMBER 23, 2022

The latest Edison Electric Institute projection is that only about 26.4 Greenpeace , agrees, and argues that sales of all diesel and petrol vehicles, including hybrids must end by 2030. A coordinated effort by US policy makers is all that is preventing this happening, the report states.

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Teslarati

OCTOBER 3, 2022

Hyundai/Kia continues to grow their sales in the US and are finding a lot of success in their electric vehicle offerings. Currently, customers looking to get a Federal EV tax credit cannot redeem it on a Hyundai vehicle because it is not assembled in the US. What do you think of the article?

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Blink Charging

JUNE 6, 2023

Electric vehicle ownership is expanding. As electric vehicle ownership expands to the public, EV charging at residential and multifamily communities is critical. With 80% of all charging taking place at the home, single and multifamily homes must install EV chargers for residents. There are now over 3.6

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EV Connect

APRIL 3, 2023

The consumer mindset is steadily shifting in favor of electric vehicles (EVs). In this article, we’ll explore some key questions and a few potential ways to set up this new aspect of your business. The 2022 Inflation Reduction Act (IRA) renewed the 30C Tax Credit for installing EV Chargers. What Rebates are Available?

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