Baua Electric

JANUARY 10, 2024

Fiat’s new 2024 500e (source: Stellantis) To be frank, Americans don’t buy Fiats. It starts at a reasonable $32,500 plus a $1,595 destination fee, although it’s not eligible for the $7,500 federal tax credit. ad* FTC: We use income earning auto affiliate links. appeared first on Bauaelectric Auto News.

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Baua Electric

JANUARY 3, 2024

As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place. More on that below.

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Baua Electric

MAY 3, 2024

Department of the Treasury and Internal Revenue Service (IRS) updated the EV tax credit rules today with new requirements that should enable more electric cars to become eligible. It required for the vehicles to be assembled in North America to get the credit. FTC: We use income earning auto affiliate links.

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EV Life

MAY 5, 2023

You should consult your own tax, legal and accounting advisors before engaging in any transaction. 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.

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Revenge of the Electric Car

APRIL 20, 2010

After a federal tax credit and state rebate, the price of these cars will come out at around a cool 20k. Funny that this article cites “a shortage of public charging stations&# as the sole reason for auto makers scrapping electric vehicles in the 1990s. Viewers of “ Who Killed The Electric Car?

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Blink Charging

MAY 9, 2023

It’s a new car-buying season and many new car buyers want to take advantage of the federal government’s electric vehicle tax incentives. To help, we have compiled some of the most common frequently asked questions asked by dealership customers and new EV owners before buying their first EV.

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Clean Fleet Report

MARCH 2, 2023

Genesis showed a pre-production 2023 Electrified GV70 at the 2022 Los Angeles Auto Show. The philosophy of quality and expectations need to be met, as Genesis is an unknown entity to much of the car buying public. This includes producing the batteries for its full electric line-up that begins in 2030.

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Clean Fleet Report

FEBRUARY 3, 2024

If you buy and drive the Leaf SV Plus for how it was designed, expect to be grateful for the latter. NissanConnect allows the driver to stay connected throughthe 8-inch color touchscreen, which houses the navigation, voice recognition and AM/FM/SiriusXM with Apple CarPlay and Android Auto. We guarantee they will be pleased to see you.

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Charged EVs

FEBRUARY 23, 2021

Late last year, Volvo launched its very first all-electric model in North America. Best of all, Volvo has handed over its dashboard and infotainment software to Android Auto. Under current rules, that means up to 200,000 Polestar vehicles will be eligible for the full $7,500 federal income-tax credit.

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Charged EVs

AUGUST 1, 2023

The few companies that have access to graphite mines in North America are the belles of the EV ball at the moment. Fast forward to today and Westwater is building a graphite plant in Alabama, and people are eager to buy our capacity. One of these materials is graphite, which is the main ingredient in EV battery anodes.

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Teslarati

SEPTEMBER 4, 2022

happening much faster than anticipated, according to an observation of research by Recurrent Auto which is focused on providing transparency and confidence in pre-owned EV transactions. The research directly contradicts and challenges a statement by Jack Hollis, the executive vice president of sales at Toyota Motor North America.

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Baua Electric

FEBRUARY 6, 2024

The Inflation Reduction Act heavily incentivizes production of battery raw materials in North America, and OEMs and battery makers are rushing to establish production of cathode active materials and precursors in the region. Charged spoke with Robert Privette, Umicore’s Business Development Manager for North America.

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Teslarati

FEBRUARY 27, 2024

China’s top new energy vehicle manufacturer, BYD, has no plans to enter the United States auto market. BYD Executive Vice President and CEO of BYD Americas sat down with Yahoo Finance , and talked about the Chinese automaker’s lack of presence in the US Market and the global electric vehicle (EV) market.

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Cars That Think

DECEMBER 23, 2022

Stellantis CEO Carlos Tavares has been very vocal in saying the speed demanded for the transition to EVs by politicians is “ beyond the limits ” of what the auto industry can support, and worries it could end up being counterproductive. Further, once a particular EV model reaches 200,000 in US sales , the EV tax credit is phased out. “I

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Charged EVs

SEPTEMBER 27, 2021

But for North America, it’s the big dog, the quintessential Jeep 4×4. One “Jeep guy” wrote, “I didn’t buy the 4xe because it was a hybrid. He bought the 4xe, he said, because it was more powerful than the rest of the range, and with the federal income-tax credit, it hadn’t cost him any more.

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Baua Electric

FEBRUARY 3, 2024

Postal Service announced last week that it will buy six electric vans from the startup Canoo for its delivery fleet. The survey claims to have found that dealers are particularly concerned about proposed EPA emissions rules and surprisingly uninterested in even registering for the EV tax credit as a point-of-sale rebate.

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The Truth About Cars

AUGUST 10, 2023

While alleged experts have certainly proven their fallibility in recent years, there are reasons to buy into the claim. For starters, the market share of electrified autos has continued to increase. However, government incentives (EV tax credits) have made them more attractive in the general sense.

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Tony Karrer Delicious EVdriven

APRIL 28, 2009

It would then be offered for public use in 2012, said Brian Carolin, senior vice president for sales and marketing at Nissan North America Inc. Phil Bredesen and others took the technology for a test drive at the Nissan North America headquarters in Franklin last week. Source: Nissan North America Inc.

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EV Life

SEPTEMBER 2, 2022

Are you thinking about buying an electric car? The passage of the US Inflation Reduction Act includes nearly unlimited funding for a $7500 EV tax credit on new EVs through 2032. Electric cars will qualify for EV tax credits and the qualification rules for credits will be really confusing. 4 models qualify.

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The Truth About Cars

SEPTEMBER 25, 2023

Nobody likes bureaucratic red tape or waiting on payment and this seems to have become a sticking point for retailers nervously waiting to see how the United States’ updated EV tax credit scheme plays out. They want clear regulatory frameworks and a way to swiftly be paid for any transferred credits.

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Cash For Clunkers Dealers Tax Credit Tax 103

Charged EVs

SEPTEMBER 23, 2022

GM and its joint-venture cell partner LG Energy Solutions plan to build and equip a likely total of five cell production plants in North America, but the first of those—in Lordstown, Ohio—won’t start producing cells in the necessary volumes until the end of this year. Celestiq: a true Standard of the World? The China Syndrome.

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EV Adoption

NOVEMBER 26, 2021

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

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EV Match

AUGUST 29, 2022

on a path to reducing emissions more than 40% below 2005 levels, per a Princeton University analysis of the measure’s impacts : expanded tax credits for EVs, batteries, solar panels and wind turbines. And what about changes to the EV tax credit? carbon sequestration (capture and storage, i.e.).

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Charged EVs

SEPTEMBER 22, 2022

The provision that’s gotten the most press is a redesign of the federal EV tax credit—that’s only natural, because it’s the policy that’s most likely to directly affect the average consumer, and because politicians love to talk about tax breaks. Credit where credit is due.

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Teslarati

JUNE 13, 2022

The CEOs of Ford, General Motors, Stellantis, and Toyota all urged Congress to eliminate the cap on the $7,500 electric vehicle tax credit as zero-emissions vehicles cost more to manufacture. The tax credit cap only has Tesla and GM buyers disqualified from receiving the credit. ” I’d love to hear from you!

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Baua Electric

MAY 12, 2024

News came out on Friday that President Biden is set to quadruple tariffs on Chinese EVs to protect the US auto industry from the rapid growth of Chinese EV manufacturing. The global auto industry is in a time of flux. China is the new Japan Well, Japan was the world’s largest auto exporter… until now.

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