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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. ITC Holdings Corp.,

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T&E study finds plug-in hybrids show higher CO2 emissions than claimed

Green Car Congress

T&E said governments should therefore end the purchase subsidies and tax breaks for plug-in hybrids. T&E has commissioned Emissions Analytics to test three of the most popular PHEVs sold in 2019: a BMW X5 (longest EV range PHEV available), a Volvo XC60 and the Mitsubishi Outlander.

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These 5 Plugin Vehicle Models Would Benefit Most From Proposed US EV Tax Credit Update (Chart)

CleanTechnica EVs

As we reported recently, there’s a big cleantech bill moving through the US Congress that would revive, extend, and expand the zero-emission vehicle tax credit in various ways.

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Governator ads, electric BMW motorcycle, automakers vs. oil: Today's Car News

Green Car Reports

BMW joins the electric-motorcycle ride. The EPA's architect of clean-air rule rollbacks has resigned. Lobbying has intensified around a proposal to extend federal tax. Arnold Schwarzenegger comes back with ads for electric cars. And lobbying battles are heating up between automakers and the oil industry.

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Yet another study shows plug-in hybrids aren’t as clean as we thought

Baua Electric

There are a few good PHEVs that fit this description, like the Chevy Volt and BMW i3, and these models tend to have much higher utility factors than other models do. And now here we have data to confirm, once again, that PHEVs are not as clean as some – like Toyota, for example – might have you think.

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Carvana trends report: Used EVs narrow price gap with ICE cars, triggering sales growth potential

Baua Electric

As a larger selection of EVs makes its way into the used fleet, prices normalize, and tax credits become available, more used car buyers will have the opportunity to access the EV category. Of the 50+ EV models Carvana currently sells in the US, 24% met all criteria to become eligible for the Federal Used Clean Vehicle Credit in Q1 2024.

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Blink’s 2023 Year in Review

Blink Charging

In a wave of announcements, legacy automakers including Ford, General Motors, BMW, and Nissan announced their intention to use the NACS connector in future EVs. Like the tax credit for new EVs, the used EV tax credit included an AGI cap and must be sold by a licensed dealer.