Blog Dealers Plug-in Tax 
Blink Charging
JANUARY 11, 2024
The latest Clean Vehicle Tax Credits can be applied to the purchase of a new or used EV at the point of sale as of January 1, 2024. The Clean Vehicle Tax Credit for new EVs is worth up to $7,500 and the Previously Owned Clean Vehicle Tax Credit is worth up to $4,000.
The Truth About Cars
JULY 12, 2023
Axios recently highlighted the issue and found that dealers have EV inventory sitting on their lots for extended periods, suggesting that supply is significantly outpacing demand. Part of the issue with some EV models is their sky-high price tags, and the most expensive models aren’t eligible for government tax credits.
Blink Charging
APRIL 13, 2023
Usually when discussing federal electric vehicle tax credits in the United States , most people are referring to the Clean Vehicle Credit (formerly the Qualified Plug-in Electric Drive Motor Vehicle Credit) for new EVs. But that’s not the only federal tax credit for buying an EV.
Blink Charging
JANUARY 19, 2024
Although the $7,500 consumer tax credit for buying an electric car is becoming more restrictive for new vehicles adhering to specific manufacturing requirements , there’s a provision enabling consumers to still enjoy the credit when leasing an EV assembled outside of North America. Electric vehicle (EV) adoption is increasing.
The Truth About Cars
JUNE 3, 2024
For example, fuel taxes (which are accounted for when you pay at the pump) are responsible for funding anywhere from a quarter to a third of all roadway maintenance — which would evaporate as more people started driving electric vehicles. This is nothing new, as U.S. But the real question is: What exactly does it want?
Blink Charging
JANUARY 4, 2024
These tax credits, worth up to $7,500 and up to $4,000, respectively, can be used as a down payment on a vehicle, helping to lower your monthly payments if you get financing. And, if you use them, they don’t cancel out any other dealer or manufacturer incentives that may apply to the vehicle. Don’t block the charging station.
Drive Electric
JANUARY 6, 2021
The figure does not include plug-in hybrids (PHEVs). Reasons for this substantial 2021 increase in EV numbers include: The UK government’s recent announcement that sales of new petrol and diesel cars and vans will end by 2030 (and sales of plug-in hybrids will end by 2035) has already focused people’s minds on EVs.
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