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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

Upon IRS certification of an anticipated federal tax credit, purchasers may be eligible for a tax credit from $0 to $7,500 depending on individual tax liability. Net pricing after tax credits could be as low as $68,495, including $995 destination. gasoline-powered electric generator.

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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. Power looked into the latter issue, hoping to identify purchasing trends around the United States.

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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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Audi introduces Q5 TFSI e PHEV to US market; EPA-rated at 65 MPGe

Green Car Congress

Offered as standard equipment on Audi TFSI e models, drivers have the option to adjust engine and battery usage with three capable modes specific to the plug-in system. The electric motor assists the combustion engine through the boost function to achieve a higher horsepower and torque output than the gasoline engine can achieve on its own.

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Governor Pataki On Board

Plug In Partners

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. Plug-in hybrid vehicles can be plugged into the electric grid – such as a normal 120 volt household outlet - to boost mileage.

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New to the World of Electric Cars?

Clean Fleet Report

An electric car or EV is a vehicle powered by one or more electric motors, which draw their energy from rechargeable batteries. Fuel Cell Electric Vehicles (FCEVs) also offer ZE driving, using hydrogen to create electricity on board to feed the electric motors (and sometimes a battery) to power the car.