Green Energy Consumers

APRIL 21, 2023

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.

Tax Credit 72

Tax Credit Tax Electric Cars Electric 72

The Truth About Cars

MARCH 6, 2024

The automaker recently announced that its upcoming Prologue EV would be eligible for federal tax credits of $7,500, meaning buyers can get around 15 percent off the SUV’s purchase price at the point of sale. Tax credits bring the Prologue’s starting price down to $41,295 after a $1,395 destination charge.

Tax Credit 103

Tax Credit Tax Honda General Motors 103

The Truth About Cars

MARCH 7, 2024

The automaker announced that the car has regained eligibility for federal tax credits, though for only half of the maximum $7,500. It’s followed not-so-closely by the Mini Cooper SE, but regaining tax credit eligibility is a significant boost. has a free-trade agreement.

Tax Credit 90

Tax Credit Tax Nissan Tennessee 90

Green Car Reports

AUGUST 3, 2022

As Congress moves to extend and expand the federal EV tax credit for passenger cars, it's also considering a bill that would add a first-ever tax credit for electric commercial vehicles.

Congress 173

Congress Tax Credit Tax Electric 173

Teslarati

OCTOBER 7, 2021

Thanks once more for staying with us for this Live Blog. 15:14 PT – Elon proposes the carbon tax. Can there be a carbon tax, what the hell?” The post Live Blog: Tesla (TSLA) 2021 Annual Meeting of Stockholders appeared first on TESLARATI. Credit: Tesla/YouTube. 15:51 PT – And that’s a wrap! Now signing off!

Tesla 142

Tesla Texas Solar Austin 142

The Truth About Cars

DECEMBER 29, 2023

GM has paid San Francisco $108 million in taxes and $13 million in interest since 2016 and now wants it back. Rather than taxing GM and Cruise separately, as the automaker claims it should, the city lumped them together, resulting in higher tax bills.

San Francisco 88

San Francisco Tax GM Taxi 88

EV Club of CT

FEBRUARY 14, 2024

Federal Tax Credit for Buying/Installing EV Chargers Before the passage of the Inflation Reduction Act, every residence was eligible for a tax credit of 30% of the cost of the purchase and installation of residential. Read more

Tax Credit 71

Tax Credit Tax Installation Buy 71

Blink Charging

FEBRUARY 23, 2023

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?

Tax Credit 72

Tax Credit Tax Electric Vehicles North America 72

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

Tax Credit 95

Tax Credit Tax Clean Cleaning 95

The Truth About Cars

JANUARY 4, 2024

The EV tax credit rules changed again at the beginning of 2024, and stricter requirements on battery materials sourcing cut several previously qualified models from the list. Most GM models failed to make the cut, at least temporarily, and the automaker is offering $7,500 compensatory discounts to keep sales flowing.

Tax Credit 106

Tax Credit GM Tax Cadillac 106

Noodoe

MAY 1, 2023

Back to Articles Tax and EV Charging Last Updated: May 2nd, 2023 | EV Charging Management Platform Tax season is a busy time for everyone even when you schedule enough time to power through filing your documents. "Keeping up with changing tax laws in multiple states is taxing.

Tax 52

Tax Charging Installation Fleet 52

The Truth About Cars

MAY 27, 2021

Changes include raising the federal EV tax rebate ceiling to $12,500 and opening the door for automakers who already exhausted their production quotas. The post Senate Finance Committee Approves $12,500 EV Tax Credit Bill appeared first on The Truth About Cars.

Tax Credit 118

Tax Credit Financing Tax General Motors 118

The Truth About Cars

DECEMBER 7, 2023

Earlier this year, the rules around EV tax credits seemed to be changing every other week. The new tax credit guidance includes stricter requirements on battery sourcing locations. The Ford Mustang Mach-E is one of them, as it may lose the partial credit it currently qualifies for.

Tax Credit 92

Tax Credit Tax Ford Kentucky 92

Blink Charging

NOVEMBER 16, 2023

To encourage clean and energy-efficient vehicle adoption, the United States government has made significant changes to the Clean Vehicle tax credit, to take effect from January 1, 2024. These changes make it easier for drivers to access tax credits when purchasing clean vehicles. What Is the Clean Vehicle Tax Credit?

Tax Credit 52

Tax Credit Tax Clean Cleaning 52

Drive Electric

MAY 25, 2021

The UK government slashed electric company car tax, instantly making EVs much more attractive for businesses and employees. Here we take a look at what company car tax is, what’s changed, and how it compares between different types of cars. What is company car tax? How much is company car tax? Company Car Tax bands.

Tax 95

Tax Companies Cars Electric 95

The Truth About Cars

DECEMBER 7, 2021

Elon Musk has continued bashing the Biden administration’s tax credit legislation designed to spur electric vehicle adoption, this time suggesting that the entire bill be scrapped. The post Elon Musk Continues Insulting Biden Admin’s EV Tax Credit Scheme appeared first on The Truth About Cars. “Honestly, I […].

Tax Credit 105

Tax Credit Tax Climate Building 105

Blink Charging

OCTOBER 6, 2023

As both EV adoption increases and internal combustion engine vehicles have become more fuel efficient, states are seeking to offset lost revenue from the gas tax. With states enacting new kWh taxes on EVs and EV charging, we want to make sure you have the right information. Kentucky will implement the kWh tax starting in January 2024.

Tax 52

Tax Charging Virginia Gas-Electric 52

Blink Charging

AUGUST 11, 2023

To address this challenge, federal tax credits that offer elective pay , commonly known as direct pay, can be a valuable tool to help communities finance climate change mitigation and resilience projects that were previously too expensive. Once the project is completed and in operation, note the relevant tax year.

Tax 52

Tax Tax Credit Green Climate Change 52

The Truth About Cars

APRIL 17, 2023

With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify.

Tax Credit 86

Tax Credit Tax North America Chevrolet 86

Clean Car

SEPTEMBER 23, 2020

There have been some MAJOR changes to the company car tax treatment of battery electric vehicles (BEV) this year. Company car tax rates are designed to encourage company car drivers to choose cars with lower levels of CO2 and (from April 2018) NOx emissions. The post We need to talk about tax… appeared first on CleanCar.

Tax 60

Tax 2020 2018 CO2 60

The Truth About Cars

MAY 4, 2023

Though their electric vehicle lines are among the most compelling new zero-emissions models, Kia and Hyundai’s EVs don’t currently qualify for federal tax credits because of where they’re built. Both are working toward bringing EV production to the U.S., has a free-trade agreement, and the EV has a North American final assembly location.

Tax Credit 52

Tax Credit Kia Tax South Korea 52

The Truth About Cars

FEBRUARY 13, 2024

What I assumed would be a quick chat quickly devolved into my being educated on British tax codes, especially the benefit-in-kind (BIK) taxes applied to any items of value provided to employees. For corporate automobiles that also see private use, benefit-in-kind taxes are calculated as a perk on top of the base salary.

Sale 86

Sale Tax United Kingdom Automobile 86

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. How Does Obtaining a Tax Credit for a Leased EV Work?

Tax Credit 94

Tax Credit Tax North America Clean 94

The Truth About Cars

FEBRUARY 12, 2024

Though it’s eligible for federal tax credits, Tesla is temporarily decreasing pricing on the SUV, dropping it to $42,990 for the base model and $47,990 for the Long Range model. Tesla also lists the post-tax credit prices, which can be applied at the point of sale starting this year. Image: Tesla] Become a& TTAC& insider.

Price 109

Price Tax Credit Tesla Tax 109

Baua Electric

FEBRUARY 29, 2024

Hyundai IONIQ 5 (left) and IONIQ 6 (right) at Tesla Supercharger (Source: Hyundai) Hyundai is “pulling ahead” to gain access to the $7,500 federal EV tax credit. The plant’s manager revealed a “super-large” Genesis electric SUV will be produced for the first time, according to The Korean Car Blog.

Hyundai 52

Hyundai South Korea Tax Credit SUV 52

Blink Charging

APRIL 4, 2023

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.

Fleet 92

Fleet Tax Credit Vehicles Tax 92

Blink Charging

NOVEMBER 9, 2023

In this blog, we will explore the advantages of both owning and leasing a commercial electric fleet. Advantages to buying EVs for your fleet There are three main benefits to buying EV fleet vehicles: tax incentives, asset control, and no restrictions on mileage. In addition, beginning on Jan.

Fleet 52

Fleet Tax Credit Tax Financing 52

The Truth About Cars

APRIL 24, 2024

If the automaker meets other requirements for federal tax incentives, the domestic output would qualify its vehicles for up to $7,500 in credits at the time of sale. Leasing EVs can also be a loophole in the federal tax credit rules, making the VF 8 slightly more attractive for buyers. Image: VinFast] Become a& TTAC& insider.

Dealers 77

Dealers North Carolina Tax Credit Vietnam 77

EV Club of CT

AUGUST 19, 2022

Post by Barry Kresch Tax Credit for Purchase and Installation of an EV Charger The recently passed Inflation Reduction Act has amended US Code 26, Section 30C to reinstate a tax credit for the purchase. Read more.

Tax Credit 97

Tax Credit Tax Installation Purchase 97

My Energi

DECEMBER 14, 2023

Earlier this week (11 December), the government announced that VAT relief on Energy Saving Materials (ESMs) in residential buildings will be extended to include home batteries, power diverters and water-source heat pumps from 1 February 2024.

Energy 52

Energy Tax Jordan Installation 52

The Truth About Cars

APRIL 24, 2024

The recently updated Model 3 lost tax credit eligibility in lower configurations, but the fresh Performance variant qualifies. The Model Y also saw a remarkable price cut to just $29,420 to start, and it qualifies for tax credits, making it a compelling buy against the exceedingly expensive competition.

Tax Credit 64

Tax Credit Tesla Tax General Motors 64

National Green Transportation

OCTOBER 26, 2011

On monday, Justin Horner in a post on the Natural Resources Defence Council Switchboard blog called attention to Congressional inaction on a commuter tax benefit which will expire if a bill remains stuck in committee. The employer sponsored tax.

Tax Credit 48

Tax Credit Tax 48

The Truth About Cars

FEBRUARY 9, 2024

but it’s clear we should all be thankful that we’re not facing steep taxes and penalties for continuing to buy gas vehicles. Electric vehicles have become an unnecessarily politicized product in the U.S.,

Toyota 101

Toyota Emissions Price Tax 101

National Green Transportation

OCTOBER 26, 2011

On monday, Justin Horner in a post on the Natural Resources Defence Council Switchboard blog called attention to Congressional inaction on a commuter tax benefit which will expire if a bill remains stuck in committee. The employer sponsored tax.

Tax Credit 45

Tax Credit Tax 45

The Truth About Cars

JANUARY 11, 2024

Sales climbed just over one percent in the last quarter of 2023, but updates to the EV tax credit rules may spur more sales going forward, as buyers can now use the tax credit as a discount at the time of the sale instead of waiting for a year-end refund. Demand for EVs continues to grow, although far slower than many had hoped.

Fleet 109

Fleet Tax Credit Tax Sale 109

The Truth About Cars

MARCH 8, 2024

4 range, it remains the only European EV that qualifies for federal tax credits in the United States. The 2023 model started at $38,995 before destination and tax credits, which undercuts the Ford Mustang Mach-E and others, making the ID.4 Though it’s disappointing that VW didn’t make more substantive changes to the entire ID.4

Tax Credit 102

Tax Credit Tennessee Tax Affordable 102

EV Connect

SEPTEMBER 11, 2023

In this blog post, we will provide an overview of these incentives, including eligibility requirements and application procedures. Additionally, EV owners in Oregon can save on state taxes, as the Oregon Department of Environmental Quality reports that EVs are exempt from the Clean Vehicle Rebate Program fees.

Oregon 89

Oregon Charging Tax Credit Portland 89