Green Car Congress
APRIL 11, 2019
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., ITC Holdings Corp.,
Baua Electric
JANUARY 2, 2024
The list of electric vehicles qualified for the EV tax credit in calendar year 2024 has been released. Also of note: No Rivian electric truck qualifies for the full $7,500 tax credit amount in 2024, at this time. The credit amount on these models has fallen to $3,750. And as expected, it’s very short.
EV Adoption
NOVEMBER 26, 2021
For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.
Plugs and Cars
JULY 1, 2009
The BMW Mini E has hit the streets. In June about 500 cars were placed in consumer and fleet hands in Los Angeles and New York and New Jersey for what BMW calls a " field trial." Like all the automakers, BMW dabbled in concept electric cars over the years. They produced a small fleet for the Munich Olympics in 1972.
Baua Electric
MAY 24, 2023
Bettering leasing penetration is a concern for BMW sellers. The $7,500 clean commercial vehicle tax credit has] undoubtedly affected the per 30 days hire worth from a client point of view. BMW misplaced its luxurious department crown to a surging Tesla terminating future. How do you develop the leasing industry?
Baua Electric
MAY 25, 2023
You have been very visible ultimate past to your grievance of the Inflation Relief Function and the way it enthusiastic who would get federal EV tax credit, as it disrupted Hyundai’s EV industry plans. However does Genesis be capable to develop past that, possibly to get to the scale of BMW or Lexus?
Cars That Think
DECEMBER 23, 2022
Toyoda also argues that only selling EV powertrains would not serve Toyota’s customers well in other countries, a similar argument made by automakers BMW , Mazda and VW. Further, once a particular EV model reaches 200,000 in US sales , the EV tax credit is phased out. “I The automakers do have a point.
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