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New tool shows which used EVs qualify for federal tax incentives

Teslarati

A new tool released by Recurrent Auto shows car buyers which used EVs qualify for federal tax incentives based on a simple VIN search. And to help those who want to purchase a used EV, the Federal government has introduced a tax incentive of $4,000. The vehicle must have a battery with a capacity above 7kWh.

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How Do the Electric Vehicle Tax Credits Work?

Blink Charging

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. The good news is that there are now tax credits for individuals and businesses that buy or lease a new or used electric vehicle! If you’ve been wondering how all these purchase incentives work, Blink has you covered.

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Liontown and Tesla enter into a binding term sheet for supply of lithium from Kathleen Valley project

Green Car Congress

Australia-based battery materials company Liontown Resources Limited entered into a legally binding sales and purchase term sheet with electric vehicle manufacturer Tesla for the supply of spodumene concentrate. spodumene concentrate 6%) production capacity of ~500 ktpa. billion (US$3 billion) and IRR of 57%.

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New tax rule could save consumers thousands on home energy tech

My Energi

Earlier this week (11 December), the government announced that VAT relief on Energy Saving Materials (ESMs) in residential buildings will be extended to include home batteries, power diverters and water-source heat pumps from 1 February 2024.

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Fisker finesses the Inflation Reduction Act tax credit changes with binding sales contract; “Transition Rule”

Green Car Congress

The US Senate has passed the Inflation Reduction Act, with nearly $400 billion in funding over 10 years for climate- and energy-related programs; among the myriad provisions in the 755-page bill are changes to the electric vehicle Federal tax credit of $7,500. The credit will be available at the point of sale.

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ELECTRIC VEHICLE RULES IN INDIA: Everything That You Must Know

Get Electric Vehicle

Purchase Incentives One of the significant differences between EVs and conventional vehicles lies in the purchase incentives offered by the Indian government. Under this scheme, eligible EVs receive a subsidy ranging from 10% to 50% of the vehicle’s cost, depending on the type and capacity of the battery.

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Top Factors Affecting EV Adoption

EV Connect

But as better battery algorithms and new cooling technologies enter the market, expect charging times to come down (and “range anxiety” levels among drivers to drop accordingly). Cost (and Cost Comparison) A recent study showed 67% of would-be purchasers claim cost is a primary concern.

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