Electric-car tax credit retained in Congressional tax reform bill: report

Green Car Reports

income-tax credit for purchase of a plug-in electric vehicle will not be killed after all. Politics Plug-In Hybrids congress incentives tax credit plug-in cars Battery Electric Vehicle (BEV We'll likely never know whether it was the influence of auto lobbyists, pressure from the actual public, or a letter signed by two dozen mayors. But however the sausage was made, it appears that the U.S.

Oklahoma Supreme Court rules state's electric-car tax unconstitutional

Green Car Reports

In a 6-3 decision, the state's highest court struck down the bill as an unconstitutional tax. tax lawsuit United States plug-in cars Battery Electric Vehicle (BEV When the Oklahoma Legislature passed a bill earlier this year that imposed new fees on owners of hybrid and electric cars only, it was swiftly sued by the Sierra Club. Now the Oklahoma Supreme Court has rendered its verdict in that suit, filed in August.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

Georgia to take second try at electric-car tax credit after killing first one

Green Car Reports

Several years ago, Georgia offered a generous state-tax credit for purchase of a zero-emission vehicle, and its sales of electric cars boomed. When state politics interceded to kill that credit in 2015—and add a new tax specifically on those same vehicles—the state became a case study on what happens when such incentives are suddenly. Politics incentives tax credit Georgia plug-in cars Battery Electric Vehicle (BEV) state laws

Tesla expects 200,000th U.S. sale this year, electric-car tax credits to start phaseout

Green Car Reports

sales of electric cars that qualify for the full federal tax credit of $7,500? sales incentives Tesla Motors tax credit New car sales plug-in cars Battery Electric Vehicle (BEV It's been a topic of discussion for years: What will happen when a carmaker reaches the cap on U.S. That number is 200,000; after the rest of that calendar quarter and the one following, the credit is halved for a further two quarters. Rough calculations indicate that.

Virginia proposes state-tax rebate up to $3,500 for electric-car purchase

Green Car Reports

Reid [D-32nd] has proposed a bill, expected to hit the House floor Wednesday, that would see buyers of electric vehicles receive a state-tax rebate of up to $3,500. Plug-In Hybrids incentives tax credit plug-in cars Battery Electric Vehicle (BEV) state laws VirginiaVirginia is for lovers—and it may soon be for lovers of electric cars and plug-in hybrids, too. Virginia House Delegate David A.

In an ideal world, this is how electric-car tax credits should work

Green Car Reports

The tax reform bill likely to be voted on by the U.S. Senate and House of Representatives retained a number of provisions originally slated to be cut from the tax code. Among them was the federal income-tax credit for purchase of a plug-in electric vehicle. New York Politics sales rebates Plug-In Hybrids California congress incentives tax credit plug-in cars Battery Electric Vehicle (BEV

Fisker Ocean electric SUV starts at $37,499, pre-tax credit; leases for $379/mo

Green Car Congress

After the US federal tax credit is applied, the cost of the Fisker Ocean drops to a starting price of US$29,999 (US). 80 kWh lithium-ion battery pack. Electric (Battery Fisker is pricing its new Ocean electric SUV with an MSRP of US $37,499.

2020 91

What happens to electric-car sales when tax credits sunset? Each maker differs

Green Car Reports

market without the $7,500 federal tax credit for their purchases of plug-in vehicles. While the tax credit ended up surviving the massive tax-cut bill passed in December, some automakers are still about to face the end of the incentive. General Motors sales Plug-In Hybrids GM incentives tax credit New car sales plug-in cars Battery Electric Vehicle (BEV Toward the end of last year, electric-car shoppers began to think about a U.S.

Could improving electric-car tax credit be possible even with today's politics?

Green Car Reports

Rather to the surprise of electric-car advocates, the massive tax bill passed by the U.S. Congress in December did not eliminate the federal tax credit for purchase of a plug-in electric vehicle. That credit lets buyers take a credit of $2,500 to $7,500 on their income-tax filing in the year of purchase. Politics Plug-In Hybrids incentives tax credit plug-in cars Battery Electric Vehicle (BEV

New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. Under current law, consumers may receive a tax credit of up to $7,500 if they purchase an eligible electric vehicle. The bill maintains the $7,500 tax credit for the first 200,000 units sold.

UC Davis report proposes mileage fee for EVs, maintaining fuel tax for ICEs to support road repairs

Green Car Congress

A research report submitted to the California Legislature this week by the University of California, Davis’ Institute of Transportation Studies proposes switching EVs to a mileage-based road-funding fee (road user charge, RUC) while continuing to have gasoline-powered cars pay gasoline taxes.

2019 117

Hong Kong closed a tax loophole; is Tesla ancillary damage?

Green Car Reports

Government officials in Hong Kong have eliminated a popular tax exemption that made electric vehicles much cheaper to buy than comparable gasoline-powered models. China tax incentives plug-in cars Battery Electric Vehicle (BEV) Hong KongNow Tesla worries it could take the brunt of the blowback. The loophole helped make Hong Kong one of the biggest overseas markets for the Silicon Valley carmaker's luxury electric cars.

2017 50

22 mayors join letter urging electric-car tax credit retention by Congress

Green Car Reports

tax policy for the first time in three decades are now being reconciled by a joint committee from both houses of Congress. Politics Plug-In Hybrids congress incentives tax credit plug-in cars Battery Electric Vehicle (BEV Two bills from the Senate and House of Representatives that would radically reform U.S. No public hearings on those bills have been held in either chamber, and the legislation is closely guarded. It would be fair to call the.

Insult To Injury? GA Kills Electric-Car Incentive, Adds Last-Minute Luxury-Car Tax Break

Green Car Reports

As feared by advocates, last week Georgia passed a highway-funding bill that killed its $5,000 income-tax credit for purchase of a battery-electric vehicles. Green Georgia Manufacturing Politics incentives plug-in cars state laws tax credit It hasn''t been a particularly good year so far for electric-car purchase incentives.

2015 86

Mustang Mach-E price, Rivian batteries, Trump tanks EV tax credit's future: Today’s Car News

Green Car Reports

Opposition from the President cuts the EV tax credit’s future. from the President Rivian is packing more energy into less space. And Ford has been more particular about how dealers advertise the price of the Mustang Mach-E. This and more, today at Green Car Reports. Rivian will achieve its 400-mile (or more) range rating partly by including

California Governor signs bill exempting zero-emissions transit buses from state sales tax until 2024

Green Car Congress

California Governor Gavin Newsom has signed AB 784 into law, thereby exempting zero-emissions transit buses from state sales tax until 2024. The California Department of Tax and Fee Administration will incur annual administrative costs of up to $250,000. analysis of the bill by the Assembly noted that: As a general rule, tax expenditures are typically implemented so as to encourage new behavior deemed necessary for the public good.

2019 73

Singapore levies carbon tax on used Tesla for electricity to recharge it

Green Car Reports

A businessman and electric-car fan who imported a Tesla Model S into Singapore has had to pay an additional emission tax on the zero-emission luxury car. While the Tesla runs solely on batteries and has no tailpipe from which to emit anything, the island state levied the tax to reflect the annual carbon-dioxide emissions of the electricity used to. Carbon Footprint emissions tax Tesla Motors electric utilities plug-in cars Singapore

Georgia Advocates Ask Legislature To Keep Electric-Car Tax Benefit

Green Car Reports

Its electric-vehicle tax credit of $5,000 is among the highest offered by any state, and makes buying a battery-electric vehicle much more affordable. But advocates for the bill are now appealing to Georgia legislature not to approve a bill to eliminate the tax

California Bill Would Slash Sales Tax On Greenest New Vehicles

Green Car Reports

The California Legislature is considering a bill that would cut the sales tax on green cars in the state by more than half. It calls for reducing the sales tax on battery-electric cars, plug-in hybrids, and hydrogen fuel-cell vehicles to 3.06 percent, compared to the current 7.5 percent. ALSO SEE: Six California Electric-Car Bills Signed By

2015 87

Nevada Governor Signs Tesla Tax Break Bill For Battery Gigafactory

Green Car Reports

Tesla Motors'' battery Gigafactory took another step toward construction with the approval of incentives worth up to $1.3 billion by Nevada lawmakers. Governor Brian Sandoval signed the package of four bills into law one week after announcing that the Silver State would host the first of what could be multiple factories that will produce

Nevada treasurer, Faraday's nemesis, turns eye toward Tesla tax-credit transfer

Green Car Reports

After offering a generous incentive package several years ago, the Silver State landed Tesla's lithium-ion battery "Gigafactory," which is now up and running just outside Reno. Manufacturing government incentives jobs tax credit plug-in cars nevada gigafactory Faraday FutureThe state of Nevada has been fairly generous to startup electric-car makers that pledge to establish manufacturing operations within its borders.

60% of $18B in US clean energy tax credits 2006-2012 went to top 20% by income; 90% in the plug-in program

Green Car Congress

A working paper by a team at the Energy Institute at Haas, University of California, Berkeley, has found that 60% of the $18 billion in US federal income clean energy tax credits issued between 2006 and 2012—e.g., Average credit per tax return, by income level.

2015 149

Chevy prices 2017 Bolt EV at $37,495; $29,995 after federal tax credit

Green Car Congress

Depending on individual tax situations, customers may receive an available federal tax credit of up to $7,500 for a net value of $29,995. The battery-electric Bolt EV has an EPA estimated 238-mile range.

Hasner’s Florida State Electric Car Tax Break Gets Boost

Revenge of the Electric Car

Josh Hafenbrack posts this informative entry covering the status of Hasner’s Florida State electric car tax break on the SunSentinel.com. Read more of the article: Hasner’s electric car tax break gets boost. Hasner’s electric car tax break gets boost. An effort led by House Majority Leader Adam Hasner, R-Boca Raton, to give a sales tax exemption to consumers who buy battery-powered, electric vehicles or plug-in hybrids picked up a unanimous endorsement today.

Tesla tax credits cut, BMW gas engines run on, Europe likes SUVs: Today's Car News

Green Car Reports

Tesla faces another drop in tax-credit eligibility for its cars on Monday. The company is also reportedly working to develop its own batteries. The federal tax credit on Teslas is. Automakers are concerned they won't be able to sell enough EVs in Europe. And BMW says gas engines won't go away any time soon. All this and more on Green Car Reports. Today in Car News

Fight To Watch: Georgia Plans To Alter Electric-Car Tax Credit

Green Car Reports

That''s due to a $5,000 Georgia state tax credit for the purchase of a battery-electric vehicle, which can be used to cut state income-tax liability over one, two, or three years. Over the last two years, the metropolitan Atlanta area has become one of the single best sales regions for the Nissan Leaf electric car.

Hasner’s Florida State Electric Car Tax Break Gets Boost

Revenge of the Electric Car

Josh Hafenbrack posts this informative entry covering the status of Hasner’s Florida State electric car tax break on the SunSentinel.com. Read more of the article: Hasner’s electric car tax break gets boost. Hasner’s electric car tax break gets boost. An effort led by House Majority Leader Adam Hasner, R-Boca Raton, to give a sales tax exemption to consumers who buy battery-powered, electric vehicles or plug-in hybrids picked up a unanimous endorsement today.

Norway proposes electric car tax that could affect Tesla significantly

Green Car Reports

Europe Norway plug-in cars Battery Electric Vehicle (BEV Norway is likely the friendliest place on Earth for electric cars. The government's generous incentives and perks have led to an electric-car boom, and the country is now Silicon Valley automaker Tesla's third-largest market. However, Norway's latest taxation proposal could have serious implications for Tesla in the near future. DON'T MISS: Half.

Polestar 2 tow-rated, Mercedes EQC delayed, tax-credit hopes dashed: The Week in Reverse

Green Car Reports

Which automaker claims the most energy-dense battery pack for an upcoming vehicle? Where will Tesla owners soon be able to fast-charge—other than a Supercharger station?

China extended tax breaks on hybrids and plug-in electric vehicles through 2020

Green Car Reports

As China stares down climate change and smog alerts in numerous cities, the central government has extended its tax rebates for hybrid and electric vehicles for another three years. China Plug-In Hybrids incentives plug-in cars Battery Electric Vehicle (BEV) New Energy VehicleAnnounced on December 27, the move is one of many recently that will eventually see traditional internal-combustion cars all but eliminated from new vehicles sales in.

2018 53

Lucid Motors pricing base Lucid Air luxury EV at $52,500 after Fed tax credits; fully loaded above $100K

Green Car Congress

Lucid Motors, a Silicon Valley-based electric vehicle company, announced that the base version of its first vehicle, the Lucid Air luxury sedan ( earlier post ), will have a starting price of $52,500 after federal tax credits. Options include: 315-mile and 400-mile-range battery options.

Bill To Kill Georgia's Electric-Car Tax Credit Rises From The Dead

Green Car Reports

Last week, a Georgia House bill to end the state''s $5,000 tax credit for purchase or lease of a battery-electric vehicle was voted down by its Ways & Means Committee. State politics can be a funny thing. But yesterday, it mysteriously reappeared and was unanimously passed by voice vote after it was deemed only to have been "tabled." DON''T

2016 Scion iM, Mercedes Tesla Rival, Electric-Car Tax Credits: Today's Car News

Green Car Reports

Today, we drive the 2016 Scion iM compact hatchback, Mercedes-Benz hints at a Tesla-rivaling electric car, and a new study finds that the majority of electric-car tax credits go to higher-income households. battery upgrade will cost $29,000, and provide up to 330 miles of range, the.

DOE awards $98M in tax credits to automakers and suppliers for clean technology manufacturing

Green Car Congress

The US Department of Energy (DOE) announced $150 million in clean energy tax credits to 12 businesses to build US capabilities in clean energy manufacturing; $98 million of that goes to five automakers and suppliers towards investments in domestic manufacturing equipment. The awards are made through the Advanced Energy Manufacturing Tax Credit program (48C Program). million 48C Tax Credit, Delphi Automotive Systems plans to invest $35.3

Tesla Gigafactory, Volvo plug-ins, EV tax credit support, Infiniti EV, U.S. lithium mining: Today's Car News

Green Car Reports

With a new bill in Congress, the effort to extend EV tax credits no longer comes just from Democrats. Tesla and Panasonic are reportedly shelving plans to further expand their lithium-ion battery Gigafactory. And demand for batteries triggers. Infiniti unveils its new electric sports sedan. Volvo announces new high-performance plug-in hybrids. Today in Car News

2019 41

Will Georgia's $5,000 Electric-Car Tax Credit Be Axed In 2015?

Green Car Reports

Early this year, we wrote about efforts in the Georgia state legislature to kill the state''s $5,000 income-tax credit for purchasing a battery-electric vehicle. Among the most generous state incentives in the nation, Georgia''s credit has put the metropolitan Atlanta area among the top areas where electric cars are sold and widely used. While this

Volkswagen quantum computers, Daimler diesel recall, and Tesla tax credits: Today's Car News

Green Car Reports

Volkswagen wants to use quantum computers to develop tailor-made electric-car batteries. The results are in from our latest Twitter poll asking what electric car readers would buy when Tesla's tax credits begin to sunset. Daimler has recalled hundreds of thousands of diesel cars in Europe. And the Jeep Grand Cherokee and Ford Explorer flunk the

Jeep 44

First Cobalt announces positive feasibility results for Canadian cobalt refinery expansion; first NA producer of battery-grade cobalt sulfate

Green Car Congress

The study contemplates expanding the existing facility and adapting it to be North America’s first producer of cobalt sulfate, an essential component in the manufacturing of batteries for electric vehicles. NPV – Pre-Tax (8% Discount Rate). IRR – Pre-Tax.

2020 83

Indiana too slaps electric cars with $150 fee for not using gas

Green Car Reports

Michigan is now adding fees for electric cars, as well as plug-in hybrids and battery-electric cars, because they don't burn enough gasoline to generate the same state tax revenue as other vehicles. Politics taxes Gas Tax registration plug-in cars Indiana state lawsIndiana may soon follow Michigan in implementing fees for electric cars, with the stated goal of helping to pay for road repairs.

Tesla Model 3 variants delayed; will some buyers lose $7,500 tax credit?

Green Car Reports

Elon Musk Production plug-in cars Battery Electric Vehicle (BEV "Overall, I think, while there were challenges associated with Model 3 ramp, we were in a deeper level of hell than we expected, so a few levels deeper than we'd like to be, but swiftly exiting, I think." Those chastened but seemingly optimistic words came from the CEO of Tesla, Elon Musk, during a conference call discussing the company's.

Michigan socks hybrid owners with new fees—that don't apply to most hybrids

Green Car Reports

The new fees have been added to the registration bills for hybrids, plug-in hybrid, and battery-electric cars because they. Michigan taxes Gas Tax registration state lawsThe state of Michigan, to help pay for road repairs, decided more than a year ago to hit owners of hybrids and electric cars with additional fees starting this January 1—on top of higher registration rates for all cars.

VW Diesel Fix, Natural-Gas Car Tax Credits, 'Star Wars' Fiat 500e: Today's Car News

Green Car Reports

equipped with "defeat device" software, a new transportation bill may enable tax credits for natural-gas vehicles, and a Fiat 500e gets dressed up like a Star Wars Stormtrooper. A battery-pack retrofit may allow the BMW i3 to. Today, Volkswagen proposes a fix for the 482,000 2.0-liter diesel cars in the U.S. All this and more on Green Car Reports. Today in Car News

Federal Gas Tax, Electric Harley Davidson, Hyundai Fuel Cell Economics: Today's Car News

Green Car Reports

Today on Green Car Reports: Two senators propose increases to the Federal gasoline and diesel taxes, Harley Davidson introduces an electric motorcycle, and the 2015 Hyundai Tucson Fuel Cell earns zero-emission vehicle (ZEV) credits instead of dollars. Toyota researches solid-state batteries as a mid-term