Remove Battery Powered Remove Buy Remove Personal Remove Purchase
article thumbnail

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

The Truth About Cars

One would expect to receive some kind of purchasing allowance calculated that’s then tied to income. Buying a used vehicle built before 2021 likely won’t comply with RDE2 and will therefore see an additional 4-percent tax atop what will undoubtedly be the highest BIK tax bracket — which tops out at 37 percent.

Sale 102
article thumbnail

How Do the Electric Vehicle Tax Credits Work?

Blink Charging

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. If the vehicle was purchased for business use: Report the credit on Form 3800 , the General Business Credit.

article thumbnail

Report: Volvo Drops Front-Drive Versions of XC40 and XC60

The Truth About Cars

This is especially on utility vehicles and is often the first thing people ask when hoping to get my opinion on a prospective vehicle purchase. Both vehicles lack personality with the meeker powertrains and adding all-wheel drive only reduced fuel-economy estimates by a single mpg on the XC60.

Volvo 105
article thumbnail

Electric cars and accessibility: What drivers with disabilities need to know

Drive Electric

Likewise, any driver who is sensitive to loud noises – for example someone who has tinnitus – will enjoy the welcome relief of a quiet, battery-powered vehicle. While purchasing an EV will lead to long-term savings, the upfront costs of buying the car are still relatively high. Reduced noise. Non-grip charging.

article thumbnail

From EV Range Anxiety to Range Confidence

Blink Charging

The term “range anxiety” was a common association for early electric vehicle users, who were troubled by the fear of their battery electric vehicles (BEVs, also known as fully-electric vehicles) running out of battery power and the potential of being stranded on the roadside.

Range 71
article thumbnail

Has Nikola’s Founder’s Fraudulent Activity Changed the EV Conversation?

Clean Fleet Report

The company gathered support from industry veterans, showed off concept vehicles, gathered provisional purchase orders, cut deals with companies as large as General Motors , and went public via a special purpose acquisition company (SPAC) in mid-2020. Additionally, Milton was accused of funneling millions of dollars for personal use.

article thumbnail

Kia EV9 and Volvo EX30: Are they 2024’s most important EVs?

Charged EVs

That clears the first hurdle to qualify Kia’s electric three-row utility for the $7,500 federal purchase incentive (details on battery minerals and assembly are yet to be revealed). kilowatt-hour battery powering a single 160-kilowatt (215-horsepower) motor. Priced at $56,395, the entry-level EV9 Light has a 76.1-kilowatt-hour

Volvo 119