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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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Electric Vehicle Spotlight: Financing a Ford F-150 Lightning

EV Life

The debut in 2021 of the all-electric version of America’s most popular pickup truck, the Ford F-150 Lightning , marked a major shift in the truck landscape. Since then, Ford has continued to introduce improvements to its popular all-electric truck, even winning MotorTrend’s Truck of the Year in 2023.

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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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Electric Vehicle Spotlight: Financing Chevrolet Equinox EV

EV Life

We’ll also show you how to save a ton of money by financing your purchase through EV Life. There are plenty of programs, grants, and tax credits available on the federal, state, and local levels aimed at encouraging drivers to switch from gas-powered vehicles to EVs. Colorado Electric Vehicle Tax Credit.

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Hyundai fast-tracks start of EV production in the US as it gains recognition with its own day

Baua Electric

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. And that was without its electric models qualifying for the $7,500 EV tax credit (only through a leasing loophole). FTC: We use income earning auto affiliate links.

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The Best Electric SUVs on the Market

EV Life

We’re also going to show you how you can save big on financing your SUV by applying for an EV Climate Loan with EV Life. The Model Y qualifies for the full $7,500 federal EV tax credit. At the moment, the Mach-E only qualifies for half of the federal EV tax credit, providing eligible drivers a credit of up to $3,750.

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Feature: Bridging the EV Affordability Gap

Clean Fleet Report

The number of plug-in electric cars nearly doubled from 40 to more than 70 vehicles this year, including attractive SUV crossovers in the $40,000 range like the Ford Mustang Mach-E and the Volkswagen ID4. Rebates & Tax Credits Don’t Help Most Americans. Put all together, the customer saves up to $200 a month.