The Truth About Cars

FEBRUARY 1, 2024

A recent survey, conducted by Automotive News , has indicated that automotive dealerships are still broadly dissatisfied with the Biden administration’s strategy to force the United States to pivot toward all-electric vehicles. Electric vehicles are exciting.

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Dealers Auto Durango Tax Credit 103

Blink Charging

APRIL 13, 2023

Usually when discussing federal electric vehicle tax credits in the United States , most people are referring to the Clean Vehicle Credit (formerly the Qualified Plug-in Electric Drive Motor Vehicle Credit) for new EVs. But that’s not the only federal tax credit for buying an EV.

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Tax Credit Tax Clean Cleaning 95

Baua Electric

MARCH 28, 2024

Kia’s first three-row electric SUV is off to a good start. Kia expects the EV9 will qualify for the full $7,500 EV tax credit by early next year. Starting under $55,000, Kia calls its electric family move an “industry wake-up call.” The EV9 is expected to qualify for the full $7,500 tax credit by early 2025.

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Tax Credit Kia Tax Production 52

Baua Electric

FEBRUARY 9, 2024

According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit. With a $7,500 tax credit on the line, Hyundai has pulled the timeline forward as quickly as possible. Munoz said EVs produced at the new plant will qualify for the tax credit.

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Tax Credit Hyundai Tax Kia 52

CleanTechnica EVs

NOVEMBER 3, 2021

So, I may be getting ahead of myself by discussing upcoming EV tax credits. As currently written, they’d give GM and Tesla buyers access to the tax credits again, but give US-made and […].

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Tax Credit Tax Dealers Congress 107

Baua Electric

JANUARY 3, 2024

Electric vehicles for under $20,000 are already here. 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. Check out our link to find deals on the 2023 Chevy Bolt EV at a dealer near you today. FTC: We use income earning auto affiliate links.

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Tax Credit Tax GM Buy 52

The Truth About Cars

JULY 12, 2023

We’ve been hearing about the rise of electric vehicles for years, but while they are growing rapidly in number, there’s still a disconnect between an auto industry hell-bent on electrification and the desires of the people they rely on to buy new cars.

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Dealers Tax Credit Gas-Electric Auto Industry 93

EV Life

APRIL 7, 2023

That’s why it’s no surprise that the high sticker price of many electric vehicles, particularly Tesla models, has long been one of the main deterrents for people looking to buy a new car, truck, or SUV. Tesla’s electric vehicles are by far the most popular EVs in the country. Which brings us to Tesla.

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Tax Credit Tax Tesla Purchase 52

Baua Electric

FEBRUARY 1, 2024

Ford F-150 Lightning (Source: Ford) A strong majority of car dealers complain the US government’s strategy is bringing them too fast into the electric vehicle future. The concerns about dealers have proved warranted. The Japanese automaker doesn’t sell any all-electric vehicles in the US. Which one is it?

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Dealers Future F-150 Tax Credit 52

Baua Electric

JANUARY 25, 2024

Hyundai sold 268,785 EVs in 2023 During the last three months of 2023, Hyundai sold over 57,975 electric vehicles globally. Meanwhile, Hyundai said it expects the global auto market to continue growing in the future as the shift to electric heats up. FTC: We use income earning auto affiliate links.

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Hyundai Electric Vehicles Tax Credit Vehicles 52

CleanTechnica EVs

NOVEMBER 3, 2021

This is the second part of a two-part article. You can find Part 1 here. Running The Numbers I can’t know the exact figures for the ID.4 4 in my example in Part 1, but I’ll assume $750 for the transport and assume there are no state or local incentives (but be sure to check on […].

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Tax Credit Parts Dealers Tax 95

Teslarati

JANUARY 8, 2024

Sticker prices on electric vehicles (EVs) continued to trend downward in 2023 toward price parity with gas cars, as led by price cuts from market leader Tesla. Credit: Cox Automotive Cox points to Tesla’s price cuts, incentives, and increased options for affordable EVs hitting the market as reasons for the downward trend.

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Price Market Tesla Tax Credit 120

Teslarati

JULY 11, 2023

A survey from Cox Automotive estimates that electric vehicle sales in the US auto market could surpass 1 million units for the first time in 2023. Electric cars currently account for about 6.5% For context, dealers have about 54 days’ worth of inventory for gasoline-powered cars.

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Tax Credit Hummer Highlander Tesla 145

EV Life

OCTOBER 21, 2023

As we enter the age of the electric car, federal and state governments have created a variety of programs , rebates, and grants to incentivize drivers to make the switch to zero-emission vehicles. As with most government incentive programs, there are a lot of rules and restrictions regarding who qualifies for the credit.

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Tax Credit Tax Financing North America 52

EV Connect

FEBRUARY 8, 2024

Leading auto dealers see that the near-term trend is electric and are adopting their businesses to sell more EVs. According to data from iseecars.com, Non-Tesla new car dealers selling electric vehicles in the U.S. Cox Automotive anticipates that the EV share of the US market will reach 10 percent.

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Charging Dealers Cars Tax Credit 87

Teslarati

FEBRUARY 9, 2022

The Model Y, after all, is a premium car, and Tesla’s annual vehicle production output is still just a fraction of what traditional automakers could accomplish regularly. The numbers from the California New Car Dealers Association’s new report would show that Musk is perhaps onto something.

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Auto Market Tesla Tax Credit 103

Baua Electric

FEBRUARY 27, 2024

The automaker now expects to begin building electric cars in the US in the fourth quarter of 2024, with the grand opening in the first quarter of next year. Hyundai initially planned to begin production early next year, but the automaker is plowing ahead with the $7,500 federal tax credit on the line.

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Hyundai Tax Credit Georgia Production 52

EV Connect

AUGUST 22, 2022

Electric vehicle sales continue to surge forward. With strong policy support and aggressive climate initiatives , prioritizing plug-in hybrids and fully electric vehicles makes more sense for auto dealers than ever. Here’s why your auto dealership needs EV charging stations sooner rather than later.

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Auto Charging Dealers Connect 52

Green Car Congress

SEPTEMBER 16, 2011

AeroVironment has installed electric vehicle (EV) charging stations at the Marriott Waikiki in Hawaii. The new chargers are part of Hawaii’s growing charging infrastructure currently being deployed to support electric vehicles.

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Hawaii Installation Commercial Electric Vehicles 210

Electric Auto Association

FEBRUARY 7, 2023

E VA members spread the word about Chevy Bolts Raejean Fellows, a former president of the Electric Vehicle Association, has been determined to show that electric vehicles (EVs) are affordable for a large swath of the American public. We can’t allow the dealers to pull this on buyers.

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Tax Credit Dealers Purchase Chevrolet 91

Teslarati

JULY 5, 2023

The China Passenger Car Association (CPCA) recently released its monthly report, revealing that electric vehicle maker Tesla was able to sell an impressive 93,680 cars over the month. Tesla’s results suggest that concerns surrounding supply chain disruptions and weak consumer demand for electric cars are gradually dissipating.

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Tesla Tax Credit Dealers China 73

Baua Electric

APRIL 22, 2024

More automakers are offering steep discounts on electric vehicle models. Kia and Genesis are offering significant EV discounts Genesis is rapidly expanding in the US, outpacing most luxury brands with sleek all-electric vehicles. FTC: We use income earning auto affiliate links. That’s more than Lexus and Lucid.

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Kia Price Tax Credit Lexus 52

Baua Electric

APRIL 10, 2024

Ford cuts 2024 F-150 Lightning price to fend off EV rivals Ford sold 20,233 electric vehicles in the first three months of 2024, surging 86% from last year. With 9,589 units sold in Q1, Ford’s Mach-E was the second-best-selling electric SUV in the US behind Tesla’s Model Y. FTC: We use income earning auto affiliate links.

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F-150 Ford Price Tax Credit 52

Teslarati

JANUARY 3, 2023

A new tool released by Recurrent Auto shows car buyers which used EVs qualify for federal tax incentives based on a simple VIN search. As electric vehicles have become ever-more popular in the United States, so has the market of used EVs. The vehicle must have a battery with a capacity above 7kWh.

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Tax Tax Credit Purchase Auto 75

Green Car Congress

SEPTEMBER 21, 2012

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. The electric vehicles that are the focus of this study fall into two broad classes: plug-in hybrid electric vehicles and battery-electric vehicles.

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Tax Credit Gasoline Tax Gasoline-Electric 252

Baua Electric

FEBRUARY 29, 2024

A Nissan spokesperson said “After 13 years of great success, the current generation of Nissan Leaf, the world’s first mass-market 100% electric vehicle, is approaching the end of its life cycle in Europe.” That would mean losing the EV tax credit and likely falling behind rivals as new, more advanced EVs hit the market.

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Nissan Production Tax Credit SUV 52

Baua Electric

JANUARY 17, 2024

Apple CarPlay and Wireless Android Auto support comes standard. Hyundai Kona Electric gets sporty N-Line facelift The new N Line electric SUV is “set to redefine electric vehicle style,” according to Hyundai. That’s without their electric models qualifying for the $7,500 EV tax credit (only through leasing).

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Hyundai Design Tax Credit Electric 95

Green Car Congress

MAY 20, 2021

Ford unveiled the F-150 Lightning battery-electric pickup. The commercial-oriented entry model starts at $39,974 MSRP before any federal or state tax credits, while the mid-series XLT model starts at $52,974 MSRP, offering additional comfort and technology. 1 auto brand is going zero emissions with America’s favorite vehicle.

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F-150 Ford Extended Range Electric 526

Baua Electric

FEBRUARY 8, 2024

Hyundai Santa Cruz crossover truck concept (Source: Hyundai) Electrek’s Take After selling nearly 269,000 EVs last year, Hyundai looks to top it in 2024 with around 300K in electric vehicle sales. And that’s without its electric models qualifying for the federal tax credit (only through leasing).

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F-150 Hyundai Tax Credit Kia 52

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.

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Tax Credit Tax Electric Vehicles Vehicles 52

Green Car Congress

APRIL 29, 2014

The Mercedes-Benz MY14 B-Class Electric Drive ( earlier post )—the first electric offering for the brand in the United States—is priced at $41,450, excluding $925 destination and delivery. Customers may be eligible for federal tax credits (which run up to $7,500) or state/local tax credits.

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Mercedes Miles Rhode Island Range 291

EV Adoption

JANUARY 22, 2022

Only available in the US beginning in March of 2021, the hot-selling Jeep Wrangler 4xe plug-in hybrid electric vehicle (PHEV) was apparently the top-selling PHEV in the US last year. Auto Industry Analyst. I can’t tell you our exact number but if they beat RAV it was very narrow. Flip a coin.

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Jeep PHEV Tax Credit Sale 98

Blink Charging

FEBRUARY 1, 2024

Automotive dealerships must prioritize upgrading their electric infrastructure to support the anticipated increase in electric vehicle (EV) sales, projected to reach 2.5 million per year in 2028.

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Energy Storage Energy Batteries Battery 102

EV Life

JANUARY 4, 2024

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.

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Tax Credit Tax Personal F-150 52

EV Life

MAY 5, 2023

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. However, there additional restrictions were added along with new tax credit funding.

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Tax Credit Tax Dealers Personal 52

Green Car Congress

SEPTEMBER 23, 2020

It features disc brakes on the front wheels and drum brakes on the rear—the difference being specific to electric vehicle needs. Standard features include rain-sensing wipers, auto-dimming rearview mirror, dual-zone Climatronic climate control, and KESSY keyless access. With those credits, the entry price of ID.4

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America SUV Electric Electrical 273

Electric Auto Association

APRIL 1, 2021

Amy Sinclair is the only woman presently serving on the board of the Golden Gate Electric Vehicle Association (GGEVA) , and for many years she has been one of the few female members of this Electric Auto Association (EAA) Bay Area chapter. There are just a few important things that need to happen first.”

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San Francisco Minivan Purchase Gas-Electric 94