The Truth About Cars

NOVEMBER 21, 2023

Ford’s battery manufacturing is supposed to be done by licensing technology from China’s Contemporary Amperex Technology Co (CATL) and the issue has raised questions about national security and whether or not subsequent Ford products would be eligible for federal tax credits that are now tied to regional content requirements.

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Michigan Ford Batteries Battery 96

Teslarati

JANUARY 3, 2023

The vehicle must be sold by a licensed dealer; they cannot come from a private seller. The vehicle cannot have already been used to claim this credit, so each vehicle is one and done. In about 30 seconds, a car shopper will have a good idea if a used EV is likely to receive a tax credit – no tax law background required.”.

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Tax Tax Credit Purchase Auto 73

EV Adoption

JANUARY 22, 2022

There are no legal or financial reporting requirements that would compel Stellantis to publish the specific sales numbers for the Wrangler 4xe, however, doing so would actually provide credibility and proof of its “best selling” claim.

Jeep 98

Jeep PHEV Tax Credit Sale 98

EV Life

MAY 5, 2023

This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. Here’s a step-by-step guide to making an educated decision about electric car tax credits.

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Tax Credit Tax Dealers Personal 52

EV Life

AUGUST 17, 2022

Federal EV Tax Credit. To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car. The tax credit depends on the manufacturer you choose and vehicle battery.

Tax Credit 52

Tax Credit Tax Dealers Personal 52

Charged EVs

JANUARY 18, 2022

The Biden administration has announced three major pro-EV initiatives in recent months—a revamping of the federal tax credits , an infrastructure funding package , and new EPA emissions standards. I think it’s one thing to have a commitment for 2030 and 2035, and it’s another thing to have to meet legal requirements and standards.

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EPA Emissions Standards Legal 103