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Colorado Electric Vehicle Tax Credit Rises to $5,000

EV Life

The bill puts forth several measures aimed at advancing decarbonization in the state, including tax credits for industrial facilities to implement emission-reducing improvements, new spending for geothermal energy projects and geothermal electricity generation, the construction of sustainable aviation fuel production facilities, and more.

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Confused about the federal tax credit? 

Electric Auto Association

Know which EVs are eligible Chrysler Pacifica Plug-in Hybrid The Inflation Reduction Act of 2022 changed the rules for the US tax credit for electric vehicles (EV) purchased from 2023 to 2032.

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Chevy’s Bolt EV is a steal at under $20,000 using the IRS tax credit upfront

Baua Electric

You can score a 2023 Chevy Bolt EV for under $20,000 with new IRS rules allowing you to use the tax credit as a down payment. You can buy a Chevy Bolt EV for under $20,000 Rather than waiting until next year’s tax return, you can now use the EV tax credit at the point of sale. But you may want to act fast.

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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.

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Proposed Federal EV Tax Credit Reform: Will It Move the Sales Needle?

EV Adoption

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit.

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GM resumes sales, cuts price of Chevy Blazer EV after software issue – ET Auto

Baua Electric

The Blazer price cuts and restored tax credit bring the effective price for qualified buyers down to USD 42,695 from the original USD 56,715 for the lowest-priced model. General Motors said on Friday it is resuming sales and cutting the price of its Chevrolet Blazer EV after software quality issues prompted the largest U.S.

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Electric Vehicle Spotlight: Financing Chevrolet Equinox EV

EV Life

Release Date: Fall 2023 Starting Price: $30,000 Chevrolet has become a pioneer in the electric vehicle market. Enter the Chevrolet Equinox EV. In this electric vehicle spotlight, we’ll explore the features, options, and performance of the Chevrolet Equinox EV that make it one of the hottest EVs of 2023.