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Here’s how much money you’ll get with the Inflation Reduction Act

Baua Electric

Credit: Tesla The Inflation Reduction Act (IRA) is a “free electric bank account with your name on it.” It’s packed with rebates and tax credits that will help Americans purchase everything from EVs to solar and electrical appliances to heat pumps. We bought a US-made 2023 Volkswagen ID.4 More often than not, I fill them in.

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EIA: California home to almost half of US plug-in electric vehicles

Green Car Congress

Total US sales of plug-in electric vehicles (PEVs)—battery electric and plug-in hybrid electric—have increased in recent years, but still represent only about 0.7% Several states offer tax incentives to reduce the upfront cost of PEVs to consumers. of new vehicle sales in 2014 so far, up from 0.6% in 2013 and 0.4%

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Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

” This change happened on June 15 in 37 states; the remaining 14 states and the District of Columbia will follow suit by the fourth quarter of this year. ” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits. battery production.” battery production.”

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Quallion Selects Palmdale, Calif. For New Lithium-Ion Battery Manufacturing Facility

Green Car Congress

Quallion LLC, a leading developer of customized lithium ion batteries, has selected Palmdale, Calif., as the location for a new $220 million battery manufacturing plant. Proposed incentives include tax credits, fee waivers and the sale of 9.65 Earlier post.) More than $10.6 Earlier post.).

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Chevrolet begins taking orders in all 50 US states for 2012 Volt; $1K drop in starting price

Green Car Congress

The suggested retail price for the Volt will start at $39,995 (or $32,495 assuming a full federal tax credit of $7,500, which is subject to the customer’s eligibility). The price includes an $850 destination freight charge but excludes tax, title and license fees. Five-year/100,000-mile* limited gas engine coverage.

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ICCT study finds state EV incentives playing a significant role in driving sales

Green Car Congress

A statistical regression revealed that the total monetary benefit to consumers from state incentives significantly positively correlates with BEV sales when all 50 states and the District of Columbia are included. Electric (Battery) Hybrids Plug-ins Policy Sales' Source: ICCT. Click to enlarge. —Jin et al.

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