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Tesla Model 3 Highland leases qualify for IRA tax credit loophole

Teslarati

The Tesla Model 3 Highland was recently launched in North America. Tesla Model 3 Highland leases are more affordable thanks to a loophole in the Inflation Reduction Act about commercial vehicles. Tesla calculated that Model 3 Highland lease payments would be $329 monthly, excluding taxes and fees.

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Volkswagen of America CEO warns dealers against ID.Buzz price markups

Teslarati

Buzz will arrive in North America next year, and the German automaker wants to ensure its arrival runs smoothly. Volkswagen of America CEO Pablo Di Si warned dealers ID. The VW of America CEO revealed discussions with dealers about the ID. Buzz deliveries in North America by 2024. The Volkswagen ID. Buzz price markups.

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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. The good news is that there are now tax credits for individuals and businesses that buy or lease a new or used electric vehicle! If you’ve been wondering how all these purchase incentives work, Blink has you covered.

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What EV Drivers Should Know About Leasing an EV This Year

Blink Charging

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. Vehicle must be used primarily in the United States.

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81% of EVs Sold in 2023 Still Qualify for the Federal EV Tax Credit

EV Life

The Inflation Reduction Act of 2022 (IRA) introduced new guidelines for a federal EV tax credit aimed at helping qualified drivers purchase an electric vehicle. The tax credit is part of a broader plan to make 50% of new vehicles sold in the United States hybrids or plug-ins by 2030. dependence on China. Critical minerals.

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Lease Buyout Offers Loophole to EV Incentive Restrictions

EV Life

The most significant incentive, outlined in the Inflation Reduction Act of 2022 , comes in the form of a $7,500 tax credit for eligible drivers and vehicles. Household income limits, vehicle price restrictions, assembly locations, and battery component requirements all factor into whether your EV purchase qualifies and how much you can save.

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Ford to boost production capacity of electric F-150 Lightning to 150,000 per year; ability to produce 600K BEVs annually within 24 months

Green Car Congress

To deliver this latest increase, a small task force of employees from manufacturing, purchasing, strategy, product development and capacity planning are finding ways to quickly adapt and expand production of the groundbreaking pickup. 2 electric vehicle maker in North America and then challenge the No.

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