article thumbnail

General Motors sidesteps loss of EV tax credit to offer big discounts for customers

Teslarati

However, GM told dealers today that it would be providing the equivalent EV tax credit purchase amount on any car that is now ineligible due to updated guidelines, Detroit Free Press said. The Chevrolet Bolt is the only EV in GM’s lineup that will keep the entire credit.

article thumbnail

Sunfire partners with Total on highly efficient hydrogen technology; E-CO2MET

Green Car Congress

Total has chosen the most efficient technology available on the market—the modular Sunfire-HyLink 200 system. The high efficiency of more than 80% also significantly reduces the overall cost of the integrated process. Based on solid-oxide cells, the system uses industrial waste heat (steam) for increased efficiency.

Hydrogen 199
article thumbnail

Where to Start with EV Charging for Convenience Stores & Truck Stops

Blink Charging

Convenience stores and truck stops are in a fantastic position to take advantage of available federal funding for DC fast charging stations. Which type of chargers you decide to install will depend on your location, the surrounding amenities, available power, budget, and any necessary guidelines you need to follow to procure funding.

Store 95
article thumbnail

European Commission approves up to €5.4B of public support for IPCEI Hy2Tech; 41 hydrogen projects

Green Car Congress

In particular, the Commission has verified that the total planned maximum aid amounts are in line with the eligible costs of the projects and their funding gaps. Aid to individual companies is limited to what is necessary, proportionate and does not unduly distort competition.

Hydrogen 293
article thumbnail

Upcoming Changes to the Clean Vehicle Tax Credit Explained

Blink Charging

The amount provided must equal the full amount of the credit available for the eligible vehicle. Guidelines were released by the IRS in October 2023 regarding credit eligibility and safeguards to prevent fraud or misuse. The guidelines clarify tax treatment of transferred credits and will generally not affect dealer tax liability.

article thumbnail

How to Take Advantage of EV Charging Incentives for Fleets

Blink Charging

EV fleets offer benefits such as reduced fuel and maintenance costs , helping you achieve your sustainability targets , and even helping your business partners up and down your supply chain achieve their sustainability goals by reducing their Scope 3 greenhouse gas emissions. Here, heavy duty fleet owners can find: Funding information.

Fleet 52
article thumbnail

India’s Revised EV Home Charging Regulations To Boost EV Growth in The Country

Get Electric Vehicle

New Guidelines Or? But in the case of 2 and 3-wheelers, after accounting for incentives, the cost has about equalled that of existing gasoline vehicles. Apart from the expensive cost of electric vehicles , a key reason for the slow adoption of electric vehicles in India outside of Delhi has been the absence of charging infrastructure.