Remove Automobile Remove Environment Remove Tax Remove Tax Credit
article thumbnail

Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

Most people are turning towards initiatives that build the environment rather than destroy it. The result is you get to play your role in protecting the environment by avoiding pollution when you travel. With more users gearing towards purchasing electric vehicles, a surge in demand has drastically hit the electric automobile industry.

article thumbnail

Survey Shows Auto Dealers Still Annoyed With Biden EV Strategy

The Truth About Cars

They're definitely overall a good impact for our customers and for the environment, but it's moving too fast," said Michael Lucki, general manager of Riverhead Mazda in New York. "It About half of all dealerships also said they never bothered to register with the IRS to more easily facilitate EV tax credit exchanges.

Dealers 105
article thumbnail

Hyundai Offering Free Chargers to EV Buyers, Swelling Industry Incentives

The Truth About Cars

While the ChargePoint device is framed as being free, it does require the purchase of a new automobile through the automaker’s captive finance arm Hyundai Capital America. That makes the $33,550 (before any federal tax credits or state incentives) Kona Electric the most affordable way to take advantage of the deal.

Hyundai 105
article thumbnail

NYC Goes EV

Revenge of the Electric Car

From the article: ‘The New York study anticipates that by 2015, electric vehicle prices should decline because of reduced battery costs, that there will be a sufficient supply of electric vehicles to purchase, and that consumers will take advantage of the existing federal tax credit of $7,500 for new electric cars. Or No Cars?

article thumbnail

Ford Investing $550M to Retool SUV Plant to Produce Focus Small Car and EV

Green Car Congress

The state of Michigan, Wayne County and the city of Wayne contributed more than $160 million in tax credits and grants to support Ford’s expansion opportunities. Local property tax incentives for new investments at the site. Local property tax incentives for new investments at the site.

Ford 186
article thumbnail

Governor Pataki On Board

Plug In Partners

The New York State Alternative Fuel Vehicle Research Laboratory , the first of its kind in the nation, will develop scientific data to formulate new programs to conserve energy, diversify our energy supplies, decrease our dependence on imported fuels, and protect our environment.

New York 100
article thumbnail

‘Pro-EV’ New Jersey just OK’ed the US’s highest dumb EV fee

Baua Electric

The money goes into the state’s Transportation Trust Fund for road, rail, and bridges along with gas tax money. New Jersey also raised revenue targets for gas taxes by around 18% over five years – around 2 cents annually to the state’s fuel levies. Your new EV will be exempt from state sales tax, so that’s cool.