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Inflation Reduction Act mandates escalating battery critical mineral requirements to qualify for EV tax credit

Green Car Congress

The Inflation Reduction Act , which the Senate passed last week, revamps the electric vehicle Federal tax credit of $7,500 ( earlier post ). Among the changes are an extension of the tax credit through 2032, the removal of the unit-sales cap of 200,000 per OEM, and a new mandate for qualified cars being assembled in North America.

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Tesla Model 3s from Hertz are going for as low as $14,000

Baua Electric

Hertz is starting to sell some of its Tesla Model 3s and they are going for pretty cheap – as low as $14,000 with the used EV tax credit. In the US, there’s $4,000 tax credit for used EVs. It means that Hertz rented them quite a bit, and that’s a lot of gas mileage converted to electric mileage. Get started here.

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Hyundai introduces 2018 Sonata Hybrid and Plug-in Hybrid models at Chicago Auto Show

Green Car Congress

Hyundai unveiled the redesigned 2018 Sonata Hybrid and Plug-in Hybrid models at the Chicago Auto Show. Sonata Plug-in Hybrid buyers are currently eligible for a $4,919 federal tax credit. In addition, the Sonata Plug-in Hybrid is eligible for HOV-lane access in certain states. Hybrid Powertrain.

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8 ZEV states announce US ZEV sales top 260,000 units

Green Car Congress

A ZEV Showcase accompanying the announcement included the new Toyota Fuel Cell Concept car (which will be formally revealed next month at the LA Auto Show), as well as the Harley-Davidson electric “Livewire” motorcycle and some of the newest commercially available models, including the Tesla Model D and the Mercedes B class EV.

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Governor George Pataki Calls for 40% Penetration of Electric Drive Vehicles in US by End of Decade

Green Car Congress

Pataki suggested some approaches: Autos. Incentivize auto manufacturers, for example, by exempting the profits resulting from the sale of the first 10 million vehicles that deliver more than 75 mpg from any corporate taxes. ” Pataki suggested converting the tax credit to a rebate, for three years or for five.

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Polk County, Oregon Sheriff’s Office running 10 patrol cars on propane

Green Car Congress

The Polk County, Oregon, Sheriff’s Office is running 10 patrol cars converted to propane autogas, including seven Ford Crown Vics, two Chevy Tahoes and one Ford F-350 pickup truck; the office expects to save more than $20,000 every year by using the alternative fuel. —Sergeant Mark Garton, Polk County Sheriff’s Office.

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How Automotive Dealerships Can Save Money with Battery Energy Storage

Blink Charging

This is accomplished using bidirectional electronic converters that link the electrical network to EV batteries. V2G technology enables EV batteries in parked vehicles to supply electricity to the grid through a compatible charging station.