Blink Charging
FEBRUARY 23, 2023
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. First, the easy part: How do I claim the $7,500 EV tax credit?
The Truth About Cars
MAY 27, 2021
On Wednesday, the Senate Finance Committee advanced the Clean Energy for America Act making a few tweaks from earlier proposals. Changes include raising the federal EV tax rebate ceiling to $12,500 and opening the door for automakers who already exhausted their production quotas.
The Truth About Cars
APRIL 17, 2023
With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify. Alternatively, the batteries can be produced from materials recycled in North America. or in a country where the U.S.
The Truth About Cars
JANUARY 10, 2024
After several months of spy shots and looking at the updated Tesla Model 3 in European markets, the car is finally available in North America. That said, there’s no mention of tax credits for the car, though buyers can still get a credit by leasing. Image: Tesla] Become a& TTAC& insider.
Blink Charging
JANUARY 19, 2024
Although the $7,500 consumer tax credit for buying an electric car is becoming more restrictive for new vehicles adhering to specific manufacturing requirements , there’s a provision enabling consumers to still enjoy the credit when leasing an EV assembled outside of North America.
The Truth About Cars
DECEMBER 28, 2023
That said, the company is owned, in part, by the Chinese government, making it unclear if anything related to JAC will make its way to North America. While Chinese brands and obscure battery chemistries may never become mainstream in America, this type of movement in the industry is what’s needed to drive adoption to the tipping point.
The Truth About Cars
MARCH 28, 2024
Among many other things, the Inflation Reduction Act changed the way EV tax credits work in the United States. With an eye on reducing America’s dependence on Chinese batteries and materials, the Act incentivizes automakers to source materials from free-trade-compliant countries and build EVs in North America.
Expert insights. Personalized for you.
72 
Let's personalize your content