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These are the EVs that still qualify for the $7,500 tax credit in 2024

Teslarati

electric vehicle (EV) tax credit have taken effect, significantly limiting the number of qualifying options in 2024. Despite the list of qualifying EVs getting shorter , the 2024 guidance also lets sellers offer the rebate at the point of sale , rather than buyers being forced to wait until doing their taxes.

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How to Get the Federal Clean Vehicle Tax Credit This Year

Blink Charging

The United States federal government has made it even easier to buy a new or used electric vehicle (EV). The latest Clean Vehicle Tax Credits can be applied to the purchase of a new or used EV at the point of sale as of January 1, 2024. The value of the tax credit allowed and any other purchase incentives.

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Alfa Romeo starts production of its first plug-in hybrid; Tonale offers 30 miles electric range

Green Car Congress

Alfa Romeo started retail production for the all-new 2024 Tonale PHEV. The Tonale PHEV will begin arriving at dealers in June. The Tonale enters the premium compact CUV segment with standard all-wheel drive, more than 30 miles (48 km) of electric range and a starting US manufacturer's suggested retail price (MSRP) of $42,995.

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How Do the Used and Commercial Clean Vehicle Tax Credits Work?

Blink Charging

Usually when discussing federal electric vehicle tax credits in the United States , most people are referring to the Clean Vehicle Credit (formerly the Qualified Plug-in Electric Drive Motor Vehicle Credit) for new EVs. But that’s not the only federal tax credit for buying an EV.

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2021 Mitsubishi Outlander PHEV features upgraded powertrain, enlarged battery pack

Green Car Congress

(MMNA) announced pricing and availability of the 2021 Mitsubishi Outlander Plug-in Hybrid Electric Vehicle (PHEV) crossover. Outlander PHEV is substantially upgraded for 2021, and features a revised powertrain, an enlarged battery pack offering extended all-electric range, and increased performance from a new, more efficient, 2.4

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Colorado Electric Vehicle Tax Credit Rises to $5,000

EV Life

Great news for drivers looking to purchase an electric vehicle in Colorado! But the most exciting part of the new bill for many Colorado residents is the expansion of an additional Colorado Electric Vehicle Tax Credit for qualified drivers looking to purchase electric vehicles. What Are Electric Vehicle Incentives?

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How Do the Electric Vehicle Tax Credits Work?

Blink Charging

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. It does not act as a rebate (until 2024).