Remove Battery Powered Remove Gasoline-Electric Remove Sale Remove Tax Credit
article thumbnail

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. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. It does not act as a rebate (until 2024).

article thumbnail

Cadillac ELR EREV goes on sale in January, starting price $75,995

Green Car Congress

Initial sales of the 2014 Cadillac ELR extended range electric luxury coupe ( earlier post ) will begin in January in all major US metropolitan areas. The 2014 ELR has a starting price of $75,995, including a $995 destination charge but excluding tax, title, license and dealer fees. gasoline-powered electric generator.

Cadillac 353
article thumbnail

Electric Vehicle Adoption Divide Mapped

The Truth About Cars

The populace is split between gasoline-loving Luddites, endlessly bemoaning the current regulatory landscape and smug EV adopters who proselytize battery-powered vehicles with all the zealotry of a religious fanatic. The study suggested battery-electric sales comprised 8.6 percent witnessed in June of 2022.

article thumbnail

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.

Hyundai 88
article thumbnail

What Does GM’s “30 New EVs By 2025” Promise Mean for the US Market?

EV Adoption

But in the automotive world and especially when related to electric vehicles, deliveries frequently fall well short of what was promised. And it is looking through that lens that I wanted to dive into GM’s most recent electric vehicle “supply” promise. Electric Vehicle PR Is Driving Up the Stock Price.

GM 116
article thumbnail

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.

article thumbnail

Governor Pataki On Board

Plug In Partners

Plug-in hybrid vehicles can be plugged into the electric grid – such as a normal 120 volt household outlet - to boost mileage. This will allow the vehicles to operate on emissions-free battery power, reducing the amount of fuel utilized and significantly decreasing the release of harmful pollutants, including greenhouse gases.

New York 100