article thumbnail

Malaysia wants EVs to be tax-free, duty-free to encourage consumers to buy

Teslarati

Malaysian government officials are petitioning and working toward making electric vehicles exempt from taxes, including import and excise duties, as well as road taxes. According to Paultan , a Malaysian automotive news site, supporting politicians are proposing a 100% exemption from the road tax for EVs.

Malaysia 145
article thumbnail

BMW ActiveHybrid 7 Qualifies For $900 US Federal Tax Credit

Green Car Congress

The US Internal Revenue Service certified that the BMW ActiveHybrid 7 ( earlier post ) qualifies for up to a $900 tax credit under the Alternative Motor Vehicle provision. The ActiveHybrid 7 combines an electric motor with BMW’s 4.4-liter The first 2011 BMW ActiveHybrid 7s have begun arriving at US BMW centers.

article thumbnail

Which EVs Still Qualify for Federal Tax Credits?

The Truth About Cars

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. Formerly eligible models from BMW, Audi, Volkswagen, and Volvo have been bumped off the list.

article thumbnail

BMW-Sixt car-sharing JV DriveNow launches in London; 30 i3s coming in 2015

Green Car Congress

DriveNow, the carsharing joint venture between the BMW Group and Sixt SE ( earlier post ), has launched its flexible carsharing service in London. Initially, 210 BMW 1 Series and MINI Countryman models will be available for spontaneous hire. DriveNow is a carsharing joint venture by BMW Group and Sixt SE.

London 210
article thumbnail

BMW Group Launches car sharing service “ReachNow” in Seattle

Green Car Congress

Following a successful pilot program, BMW Group has launched ReachNow, a free-floating premium car sharing service, in Seattle. The initial fleet of 370 vehicles, including the BMW i3, the BMW 3 Series and the MINI Cooper, will be located on the streets of Seattle for immediate use. Vehicles on-hand at the airport.

Seattle 150
article thumbnail

BMW Group and Daimler AG agree to combine mobility services into new JV

Green Car Congress

The BMW Group and Daimler AG have signed an agreement to merge their mobility services business units. Together, the BMW Group and Daimler AG plan to grow this new business model sustainably and enable rapid global scaling of services. It will also offer possible solutions for the challenges of urban private transport.

BMW 170
article thumbnail

New BMW hybrid car given tax credit boost

Green Cars News

Anyone planning to drive the new BMW ActiveHybrid 7 has been boosted by news that the vehicle will qualify for a substantial tax credit. The US Internal Revenue Service has determined that the car will earn a $900 credit under the Alternative Motor Vehicle provision.