Remove Auto Remove Financing Remove News Remove Tax Credit
article thumbnail

NOVONIX to receive $103 million in tax credits to support production of critical battery materials in Tennessee. – Charged EVs

Baua Electric

Battery materials and technology company NOVONIX has been selected to receive a $103-million tax credit under section 48C of the Qualifying Advanced Energy Project Allocation Program, to support production of critical battery materials at its Riverside facility in Chattanooga, Tennessee.

article thumbnail

Tax filers: If you’re claiming IRA tax credits, then you need this free tool

Baua Electric

Photo: Tesla If you bought an EV or made electric upgrades in 2023, then use this Rewiring America tool to confirm which Inflation Reduction Act (IRA) tax credits you qualify for. The IRA tax credits are new, so it’s good to have a tool to refer to during tax preparation. Get started here. –ad*

article thumbnail

Subaru mistakenly says 2024 Solterra owners are eligible for the $7,500 EV tax credit

Baua Electric

Subaru mistakenly said some 2024 Solterra owners will qualify for the $7,500 EV tax credit. Subaru “owners” are not eligible for $7,500 EV tax credit Subaru introduced the 2024 Solterra electric SUV yesterday with new upgrades, including faster charging and more. FTC: We use income earning auto affiliate links.

article thumbnail

How to Save Big on a Tesla with Colorado’s New EV Tax Credit

EV Life

Colorado is one of the newest states looking to accelerate widespread EV adoption through aggressive financial incentives, introducing an electric vehicle tax credit for its residents in 2023. This is great news for Tesla fans, as many Tesla models qualify for the credit. So act fast for maximum savings!

article thumbnail

Colorado Electric Vehicle Tax Credit Rises to $5,000

EV Life

Great news for drivers looking to purchase an electric vehicle in Colorado! But the most exciting part of the new bill for many Colorado residents is the expansion of an additional Colorado Electric Vehicle Tax Credit for qualified drivers looking to purchase electric vehicles. What Are Electric Vehicle Incentives?

article thumbnail

Tesla launches limited-time 0.99% APR loan rate on U.S. Model Y orders

Teslarati

On Friday night, Tesla launched the promotional financing on its website for the Model Y, offering a 0.99 percent APR interest rate for buyers who finance the electric vehicle (EV) on an order placed by May 31.

article thumbnail

Electric Vehicle Spotlight: Financing a Ford F-150 Lightning

EV Life

We’ll also take a look at the best way to save money when financing your Lightning purchase through an EV Climate Loan with EV Life. A large touchscreen infotainment system with Ford’s latest Sync 4 software comes standard, along with, in-dash navigation, Apple CarPlay, Android Auto, and a Wi-Fi hotspot.

F-150 52