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Blink’s 2023 Year in Review

Blink Charging

There were also two new EV tax credits that began in 2023 : the Used Clean Vehicle Credit, worth 30% of the purchase price up to $4,000, and the Commercial Clean Vehicle Credit, which is worth 30% of the total cost of the vehicle, up to $7,500 for light-duty vehicles under 14,000 pounds and $40,000 for all other EVs.

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New Year’s Resolutions for EV Drivers

Blink Charging

Starting this year, the Clean Vehicle Credit for new or used EVs can now be applied at the point of sale. These tax credits, worth up to $7,500 and up to $4,000, respectively, can be used as a down payment on a vehicle, helping to lower your monthly payments if you get financing. Considering a home charger?

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How Federal and State Government Incentives Make It Easy to Become an EV Owner

Blink Charging

Federal Incentives for Purchasing an EV Among the federal government’s incentives for drivers, you can find tax breaks for both new and used EVs that are in place until the end of 2032. Beginning in 2024, the consumer clean vehicle tax credits can be available at the point of sale by transferring your credit to the dealership.

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Inflation Reduction Act – How It Supercharges the Electric Vehicle Industry

EV Match

In our latest blog post, EVmatch advisor Jeff Pickett takes a deep dive into the landmark bill, looking at what the IRA means for climate change mitigation and the EV industry. And what about changes to the EV tax credit? only when by car dealers, not private parties. carbon sequestration (capture and storage, i.e.).