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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. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. First, the easy part: How do I claim the $7,500 EV tax credit?

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

Green Car Congress

The 2014 ELR has a starting price of $75,995, including a $995 destination charge but excluding tax, title, license and dealer fees. Base price of a 60 kWh Tesla Model S—without Federal tax incentive, but with destination fee—is $71,070.) gasoline-powered electric generator. 2014 Cadillac ELR.

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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. They've got pricing power right now." "To There’s plenty of overlap between the two groups.

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News: 2023 Genesis Electrified GV70 AWD

Clean Fleet Report

The gasoline-powered GV70 is the best-selling Genesis model, so the addition of an all-electric version of this popular SUV will find a place in many garages as GV70 owners make the transition to electric propulsion. Both GV70s share a platform that was specifically designed for a gasoline engine and electric motors.

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2017 Chrysler Pacifica Hybrid PHEV minivan EPA-rated at 84 MPGe in electric-only mode; role of eFlite dual-motor/one-way clutch strategy

Green Car Congress

FCA US had estimated the vehicle would achieve 80 MPGe, which represents the distance a vehicle can travel using a quantity of fuel with the same energy content as a gallon of gasoline. The vehicle pricing starts at $34,495 with available US federal tax credit, not including state and local incentives.

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

EV Adoption

Electric Vehicle PR Is Driving Up the Stock Price. These announcements and PR efforts are fundamentally about GM’s long-term future but they have clearly paid off in the short term as GM’s stock price has increased 55.3% in the last 12 months and 223.9% since the 2020 low on March 18 (as of February 5).

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

the only companyselling hydrogen-powered cars to U.S. policy shifts to favor battery-powered autos. Honda, Japan’s second-largest carmaker, last week beganbuilding a lithium-ion battery factory with joint-venturepartner GS Yuasa Corp. in Japan’s Kyoto prefecture to make packsfor gasoline-electric hybrid cars.

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