Teslarati

MAY 31, 2023

LG Energy Solutions (LGES) and Hyundai teamed up to build a battery cell manufacturing plant in the United States. The battery plant would allow Hyundai electric vehicles (EV) to qualify for the Inflation Reduction Act’s (IRA) $7,500 tax credit. Each company holds a 50% stake in the joint venture for the U.S.-based

United States 98

United States Hyundai Georgia Energy 98

EV Life

MAY 19, 2023

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.

Tax Credit 52

Tax Credit Tax Personal F-150 52

Baua Electric

JUNE 12, 2023

“My comment is simple: Follow the law,” he wrote in an 11-page letter to Treasury, explaining that the tax credit score’s objective is “no longer to promote the purchase and use of [EVs] … but to promote reliable domestic supply chains for the critical minerals and battery components” had to energy them.

Tax Credit 52

Tax Credit Tax United States Congress 52

Baua Electric

JANUARY 31, 2024

This year, Tesla’s cheapest cars, the Model 3 compact sedan, lost tax credits for the purchase of EVs under the Inflation Reduction Act. Tesla is expanding its battery facility in Sparks, Nevada to bring the supply chain for cheaper lithium iron phosphate batteries (LFP) to the United States, Bloomberg News reported on Wednesday.

Supplies 52

Supplies Tax Credit Auto Nevada 52

Teslarati

MAY 21, 2024

The Tesla Model 3 Performance All-Wheel Drive (AWD) received an official EPA estimate of 303 miles in the United States. The Performance qualifies for the Inflation Reduction Act’s (IRA) federal tax credit of $7,500. The Model 3 RWD and Long Range AWD variants do not qualify for the IRA’s $7,500 federal tax credits.

EPA 119

EPA Tax Credit Tesla MPH 119

Baua Electric

MARCH 28, 2024

Suniva says the catalyst for the pairing was solar project owners and developers wanting their projects to qualify for the 10% Domestic Content Bonus Investment Tax Credit. Now, though there remain significant challenges, Inflation Reduction Act tax credits are helping change the game.” Get started here. –ad*

Solar 52

Solar Tax Credit Market Georgia 52

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. Only 8 percent of respondents said no, with 9 percent claiming they were unsure.

Dealers 105

Dealers Auto Durango Tax Credit 105

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. Beyond Tesla, however, it appears that the picture is much different in the United States. Electric cars currently account for about 6.5% That’s up from 38% in 2021.

Tax Credit 145

Tax Credit Hummer Highlander Tesla 145

Baua Electric

APRIL 28, 2024

“When SK On’s major automaker client Hyundai Motor kicks off EV production in the United States later this year, it would help raise SK On’s EV battery shipment and amount of tax credit received under the U.S. Inflation Reduction Act,” said Kang Dong-jin, an analyst at Hyundai Motor Securities.

Auto 52

Auto Batteries Battery South Korea 52

Green Car Congress

JANUARY 15, 2013

The entry-level 2013 LEAF S becomes the lowest priced five-passenger electric vehicle sold in the United States. Depending on location, some consumers may purchase the 2013 LEAF for as low as $18,800 with qualifying federal and state tax credits, putting the LEAF on par with gas-powered vehicles of its size.

2013 360

2013 Nissan Tax Credit Tax 360

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. This eligibility tool makes it much easier.

Tax 98

Tax Tax Credit Purchase Auto 98

Clean Fleet Report

NOVEMBER 10, 2022

Inflation Reduction Act passed in August 2022 contains several points concerning EVs, including: Tax credits: Until 2032, buyers can receive a $7,500 tax credit on a list of approved American-made EVs. Used cars, commercial EVs and charging station equipment are also officially eligible for the credit.

Industrial 87

Industrial Industry Fuel Tax Credit 87

Teslarati

JANUARY 17, 2023

Tesla ( NASDAQ: TSLA ) pushed huge price cuts on its vehicles in both the United States and China within the past few weeks, but the automaker’s decision is hitting the stock in one way and its outlook in another. After the Austin-based automaker slashed prices by as much as $13,000 in the United States and 13.5

Price 114

Price United States Tax Credit China 114

Electric Auto Association

SEPTEMBER 9, 2022

EV provisions The legislation creates a new and used EV tax credit, extending the tax credit on some new EVs to 2032 while shifting tax incentives to more affordable models that are manufactured in North America. This will support millions more low- and middle-income families than the original credit.

Tax Credit 90

Tax Credit North America Tax Kentucky 90

Teslarati

JULY 5, 2023

Tesla’s local competitors, who responded to the EV maker’s aggressive price reductions , saw positive outcomes after a tumultuous period leading up to the Shanghai auto show in April. Automakers like BYD, and Li Auto, among others, saw a rebound in June deliveries. Some set new monthly sales records in June.

Tesla 96

Tesla Tax Credit Dealers China 96

Teslarati

AUGUST 25, 2023

Tesla has long tried to enter the Indian market, but the company has repeatedly been foiled by the country’s import taxes, which currently stand at 100% for vehicles that cost over $40,000. Tesla’s Model Y crossover, its best-selling vehicle, starts at $47,740 in the United States before tax credits.

India 97

India Tax Tesla Tax Credit 97

Teslarati

AUGUST 9, 2021

In contrast to “good deflation,” ARK also identified an example of “bad deflation” in the auto industry, specifically in the used car market. Some countries, including the United States and Canada, are already considering tax credits and rebates for second-hand EVs.

Sale 145

Sale Batteries Battery Tesla 145

Baua Electric

AUGUST 1, 2023

The general meeting location and battery sourcing would possibly permit each automobiles to qualify for the total $7,500 federal tax credit score for purchases underneath the Inflation Aid Business, which neither the bZ4X or Solterra do. A spokesman for Subaru of The united states declined to remark. 3 % stake in Toyota.

Kentucky 52

Kentucky Toyota Camry Hybrid North Carolina 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.

Mercedes 291

Mercedes Miles Rhode Island Range 291

EV Life

SEPTEMBER 7, 2023

EV Tax Credit Equinox LT $30,000 250 miles 210 hp $7,500 Equinox RS $40,000 300 miles 290 hp $7,500 How to Save Money on Your Chevy Equinox EV Americans looking to save money on their EV purchase will find no shortage of programs designed to incentivize the switch to electric. Colorado Electric Vehicle Tax Credit.

Chevrolet 52

Chevrolet Financing Electric Vehicles Tax Credit 52

Baua Electric

JULY 5, 2023

MORE SUBSIDIES NextStar sought after extra executive aid then the US introduced in August 2022 pristine manufacturing tax credit for EV battery makers as a part of the IRA. regulation, battery makers get a tax credit score of U.S. $35 Below phrases of that U.S. Via 2033, they are going to be eradicated. “The

Building 52

Building Tax Credit Batteries Battery 52

Blink Charging

NOVEMBER 9, 2023

Tax incentives are easier There are federal tax incentives for new, used, and commercial electric vehicles. In addition to those, there are also hundreds of state and local EV purchasing incentives across the United States.

Fleet 52

Fleet Tax Credit Tax Financing 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.

Tax Credit 52

Tax Credit Tax Electric Vehicles Vehicles 52

Green Car Congress

JUNE 8, 2011

Mitsubishi Motors has selected Hawaii to be among the first states to receive the North American-spec production version of the Japanese auto manufacturer’s i-MiEV. Licensed drivers will be able to test drive the new Mitsubishi i at Cutter Mitsubishi in Aiea, Hawaii later this fall.

Hawaii 247

Hawaii Mitsubishi i-MiEV Motor 247

Baua Electric

JANUARY 23, 2024

January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.

Tax Credit 52

Tax Credit Tax PHEV 2018 52

Blink Charging

MARCH 30, 2023

Forecasts predict that over half of vehicle sales in the United States will be electric by 2030 thanks to US federal tax credits for EVs and EV charging equipment. In addition, depending on your location, your business may be eligible for the US Federal Alternative Fuel Infrastructure Tax Credit.

Charging 52

Charging Tax Credit Re-Charge Installation 52

Baua Electric

MAY 17, 2023

“Hopefully, the federal government will step up and I’m always willing to work collaboratively with them, just like we have with all the other auto deals,” Ford mentioned within the halls of the legislature. Auto portions makers be expecting the overall affect to be about 10,000 oblique jobs.

Ford 52

Ford Batteries Battery Canada 52

Green Car Congress

FEBRUARY 8, 2011

Auto manufacturers such as Chrysler, BYD, Coda, Honda, Mitsubishi, Hyundai, Toyota, Volkswagen and Volvo are not included in this table, but have announced or are expected to introduce EVs in this time period, DOE said. Earlier post.).

2015 210

2015 Plug-in Tax Credit Plug 210

Baua Electric

MAY 15, 2023

billion from LGES and secret contributions from federal and provincial governments, as the biggest ever within the Canadian auto sector. billion in production tax credit via 2032, pace Europe’s biggest carmaker is making an investment as much as $7 billion to form the plant St. Thomas, Ont., Thomas, Ontario.

Building 52

Building Batteries Battery Canada 52

Green Car Congress

APRIL 8, 2009

Kentucky has an experienced auto industry-related workforce, and the region is within 500 miles of more than 4,800 auto-related vehicle manufacturers, including 69 vehicle assembly plants, noted Larry Hayes, Kentucky Governor Steve Beshear’s Cabinet Secretary.

Kentucky 150

Kentucky Industrial Industry Building 150

Teslarati

JANUARY 7, 2024

According to the United States (US) Treasury Department, more auto dealers are signing up for the point-of-sale electric vehicle tax credit. In November 2023, the US Treasury announced that car dealers would receive direct tax credit payments, enabling them to offer customers immediate rebates at the point of sale.

Tax Credit 113

Tax Credit Dealers Tax Auto 113

Charged EVs

AUGUST 1, 2023

Jon Jacobs: Westwater Resources is positioned to be the only vertically integrated natural graphite supplier in the United States. This is roughly how the math works: In 2023, 40% of the critical materials in your battery must be “produced” in the United States or one a few designated free-trade partner countries.

Alabama 52

Alabama Building Tax Credit China 52

Blink Charging

DECEMBER 13, 2023

The auto organization forecasted that over 49 million Americans would hit the road for Thanksgiving 2023, an increase of 2.3% There’s a pressing need for widespread electric vehicle charging stations across the United States, presenting hotels with a valuable opportunity to cater to EV users and truly benefit from EVs.

Installation 64

Installation Electric Vehicles Vehicles Alternative Fuels 64

Baua Electric

APRIL 29, 2024

The need of the hour, he believes, is an aggressive push for an agreement on critical minerals with the United States, similar to the one Japan scored along with the Inflation Reduction Act (IRA). Vikram Handa, Managing Director of Epsilon Advanced Materials, a major player in battery materials, says this is a wake-up call for India.

Japan 52

Japan Lithium Ion India China 52

Baua Electric

MAY 3, 2024

In a coordinated push through federal agencies, the Biden administration on Friday released a revised set of regulations applying to the EV tax credit that will ultimately make the credit easier to claim for a wider range of vehicles in 2025 and 2026 but no easier for Chinese companies to gain a foothold on the market.

Tax Credit 52

Tax Credit Tax Supplies China 52

Teslarati

DECEMBER 3, 2021

The $12,500 electric vehicle tax credit proposed in President Joe Biden’s “Build Back Better” plan is being labeled as “discriminatory” by Mexican Economy Minister Tatiana Clouthier, who said the country is analyzing legal recourse and other actions, including potential tariffs against the United States.

Tax Credit 116

Tax Credit Mexico Tax Cyprus 116

Clean Fleet Report

MARCH 2, 2023

Is an EV Genesis, the luxury division of Hyundai Motor Group, began this past week producing its first model in the United States at the sprawling HMG factory in Montgomery, Alabama. Genesis showed a pre-production 2023 Electrified GV70 at the 2022 Los Angeles Auto Show. The Electrified GV70 comes in two trim levels.

Hyundai 89

Hyundai Alabama South Korea All-Electric 89