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New List of Electric Cars for Federal Tax Credit

Green Energy Consumers

Earlier this month, we published a blog warning that the list of electric vehicles (EVs) that qualify for the federal tax credit would change on April 18, when the battery requirements written into the Inflation Reduction Act (IRA) finally kicked in.

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The Tesla Model 3 Made the List of Most-Leased Vehicles as First EV

The Truth About Cars

Leasing some EV models has become popular for buyers because of loopholes in federal tax credit rules that open the door for credits to previously ineligible vehicles. The only other sedan in the top 10 was the Honda Civic, while the three most-leased vehicles included the Ford F-150 at number one, followed by the Honda CR-V and Nissan Rogue.

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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. The good news is that there are now tax credits for individuals and businesses that buy or lease a new or used electric vehicle! First, the easy part: How do I claim the $7,500 EV tax credit?

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How Do the Used and Commercial Clean Vehicle Tax Credits Work?

Blink Charging

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. What is the federal US Used Clean Vehicle tax credit?

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Why Fleet Owners Are Electrifying Their Vehicles This Year

Blink Charging

Thanks to new tax credits for EVs and EV charging stations as well as lower fuel and maintenance costs for EVs, fleet managers can now save money while setting an example for other organizations. Limited time to claim tax credits for EV fleets There are currently numerous incentives to purchase EVs and EV charging equipment.

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Tesla Is The Most American-Made Car Brand

The Truth About Cars

Cars.com recently released its list of the most American-made car brands, and the name topping the list may surprise you. These numbers may shift in favor of American production in the coming years as automakers look to localize production and take advantage of federal tax credits.

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How to Take Advantage of EV Charging Incentives for Fleets

Blink Charging

You can find incentives such as: Tax credits – These incentives lessen the amount of taxes that must be paid to the government for specific purchases. They also maintain a list of the most recent incentives so you can keep up to date on what funding is available in your state. 40,000 for all other vehicles.

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