Alternative Fuels Battery Blog Tax Credit 
The Truth About Cars
AUGUST 2, 2023
Its Kentucky facility is getting a multi-million-dollar retooling to support EV production and will eventually source batteries from another Toyota plant in North Carolina. federal tax credits because they’re both built in Japan, making moving EV production to a domestic location the most logical next step for both.
Blink Charging
APRIL 4, 2023
Thanks to new tax credits for EVs and EV charging stations as well as lower fuel and maintenance costs for EVs, fleet managers can now save money while setting an example for other organizations. Limited time to claim tax credits for EV fleets There are currently numerous incentives to purchase EVs and EV charging equipment.
Blink Charging
DECEMBER 19, 2023
This year, the $7,500 Section 30D Clean Vehicle Credit returned with new restrictions: while there was no longer a per-manufacturer sales cap, 2023 introduced new requirements for maximum MSRP, battery components, and consumer’s adjusted gross income (AGI).
Blink Charging
NOVEMBER 15, 2023
As mentioned in an International Parking and Mobility Institute (IPMI) blog , “parking revenues can return 50 to 65 percent net margins and can provide a much-needed cushion for an ailing budget.” This credit extends until the end of 2032. Read our deep dive about how this EVSE tax credit works.
Blink Charging
OCTOBER 27, 2023
We’ve discussed on this blog the numerous advantages of installing EV chargers at your commercial property. DCFCs can charge a battery from empty to almost full in under an hour, and are best for places where a quick charge is required. These charging stations require 480V of power and are most often used for fleets or near highways.
Blink Charging
MARCH 1, 2023
The Section 30C Alternative Fuel Vehicle Refueling Property Infrastructure tax credit expired at the end of 2021; however, with the passage of the Inflation Reduction Act of 2022, the program was renewed for another 10 years with a few caveats. Learn more about the EV tax credit.
The Truth About Cars
SEPTEMBER 5, 2023
The populace is split between gasoline-loving Luddites, endlessly bemoaning the current regulatory landscape and smug EV adopters who proselytize battery-powered vehicles with all the zealotry of a religious fanatic. The study suggested battery-electric sales comprised 8.6 There’s plenty of overlap between the two groups.
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