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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?

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Tesla bull calls battery cost declines “good deflation” that could boost EV sales

Teslarati

In contrast to “good deflation,” ARK also identified an example of “bad deflation” in the auto industry, specifically in the used car market. Some countries, including the United States and Canada, are already considering tax credits and rebates for second-hand EVs.

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Personal: One in a Million

Clean Fleet Report

In fact, it might not even be possible for the auto industry to produce that many EVs, although the rate of expansion is dizzying. Buyers could still receive federal tax credits and local incentives if available. The post Personal: One in a Million first appeared on Clean Fleet Report. Behind the Numbers.

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GM Working with Communities to Develop Roadmap For Plug-in Infrastructure

Green Car Congress

Provide state tax credit for vehicles ($2,500/16 kWh vehicle) and charging equipment and installation at home/multi-family home/workplace/public (up to $3,000/home; $30,000/other site with 10 charge ports). Eliminate state sales tax on vehicle purchase; Commit/fund government fleet purchases (200 vehicles). Earlier post.).

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Tesla Giga Canada makes sense: CN Minister emphasizes auto industry’s new “supplier of choice” [Opinion]

Teslarati

CN seems to be hyper-focused on developing its green supply chain and catering to the auto industry. “Canada is quickly becoming the green supplier of choice for major auto companies, including leading European manufacturers, as we transition to a cleaner, greener future. The 2022 Inflation Reduction Act.

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3 Major US Electric Vehicle Initiatives — Which Is Most Important?

CleanTechnica EVs

By Charles Morris The Biden administration has proposed a number of initiatives to promote transport electrification and clean energy.

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

Now are we still stuck maintaining our addiction with clean needles, or, best case, settling for methadone? Well, America’s auto industry delivered over 100,000. That helped us become the world’s greatest industrial power. It helps that the auto industry will be building more efficient new vehicles.

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