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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! First, the easy part: How do I claim the $7,500 EV tax credit?

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Driving Dystopia: Pickup Sales Are Probably Going to Decline in the UK

The Truth About Cars

What I assumed would be a quick chat quickly devolved into my being educated on British tax codes, especially the benefit-in-kind (BIK) taxes applied to any items of value provided to employees. For corporate automobiles that also see private use, benefit-in-kind taxes are calculated as a perk on top of the base salary.

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News: 2023 Genesis Electrified GV70 AWD

Clean Fleet Report

The 3,800 team members, as Hyundai calls them, are building the all-new 2023 Genesis Electrified GV70 that joins electric models of the GV60 EV and the Electrified G80 , both of which are assembled in South Korea. Both GV70s share a platform that was specifically designed for a gasoline engine and electric motors.

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More details about California’s proposal requiring bidirectional charging capabilities for all EVs

Charged EVs

Going bi adds several nifty new benefits to driving electric. It turns an EV into a mobile battery that can be used to provide backup power to a home or business, and to provide services to the electrical grid, generating revenue for the vehicle owner and potentially offsetting a significant part of the purchase price of the vehicle.

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Are Rising EV Inventories Proof Nobody Wants Them?

The Truth About Cars

While this is presumably good news for people who have absolutely had it with dealerships marking up their products, some are growing concerned by how much electric vehicle inventories are outpacing their gasoline-reliant counterparts. That’s about double the average for gasoline vehicles.

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Hasner’s Florida State Electric Car Tax Break Gets Boost

Revenge of the Electric Car

Josh Hafenbrack posts this informative entry covering the status of Hasner’s Florida State electric car tax break on the SunSentinel.com. Florida State Representative (and House Majority Leader) Adam Hasner (R) has just introduced the bill HB 879 - Financial Incentives for Electric Vehicles.

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Hasner’s Florida State Electric Car Tax Break Gets Boost

Revenge of the Electric Car

Josh Hafenbrack posts this informative entry covering the status of Hasner’s Florida State electric car tax break on the SunSentinel.com. Florida State Representative (and House Majority Leader) Adam Hasner (R) has just introduced the bill HB 879 - Financial Incentives for Electric Vehicles.

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