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Tesla Tax Credit: How Californians Can Save $15,000 with EV Credits and Rebates

EV Life

Buying a new car is one of the most significant purchases you’ll likely make in your life, so you want to make sure you’re getting the best deal available. The EV tax credit outlined in the Inflation Reduction Act of 2022 is non-refundable, meaning it can only be applied to money you already owe in the tax year you purchase your vehicle.

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SK On signs 5-year lithium hydroxide supply deal with SQM

Green Car Congress

Battery manufacturer SK On signed a lithium hydroxide supply deal with Chile’s SQM, a move that will further strengthen SK On’s supply chain for critical battery materials in coping with the US “Inflation Reduction Act” (IRA) following its recent deals with Australian lithium developers. million electric vehicles (EVs).

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Colorado approves goal to make 82% of car sales electric by 2032

Teslarati

In the release, Colorado clarifies that it includes battery-electric, plug-in hybrid electric and fuel cell electric as what it refers to as zero-emission options. The state has also said that it’s aiming to get one million zero-emission vehicles on its roads by 2030, along with its plan to eliminate greenhouse gas pollution entirely by 2050.

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California to receive more than $236M to support transit agencies’ transition to zero-emission buses

Green Car Congress

This funding comes from DOT’s Buses and Bus Facilities Program and Low or No Emission Vehicle (Low-No) Program, helping transit agencies purchase and lease new, cleaner vehicles and renovate and construct the infrastructure needed for zero-emission transit vehicles. US Senators Dianne Feinstein and Alex Padilla (both D-Calif.) Project title.

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NY state launces series of initiatives to encourage adoption of EVs

Green Car Congress

New York State announced a series of broad-scale initiatives to encourage the purchase and to increase the convenience and accessibility of electric vehicles (EV). Drive Clean Rebate Initiative Supporting the Direct Purchase of 11,000 EVs. To date, more than 11,000 rebates have been approved for New Yorkers to purchase electric cars.

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Guide to California EV Incentives

EV Life

It’s no secret that motor vehicle emissions are one of the main sources of pollution in the state of California and one of the leading causes of climate change in the country. Californians collectively drive over a billion miles every day, releasing tons of greenhouse gases (GHG) and pollutants into the air. air pollution in the state.

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Progress! IRA signed into law

Electric Auto Association

EV provisions The legislation creates a new and used EV tax credit, extending the tax credit on some new EVs to 2032 while shifting tax incentives to more affordable models that are manufactured in North America. This will support millions more low- and middle-income families than the original credit.