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Tesla Model 3 just became cheaper than Toyota Camry in California

Teslarati

The Tesla Model 3 just became less expensive than the price of the Toyota Camry in California thanks to the company’s confirmation that each of the all-electric sedan’s trim levels qualifies for the full $7,500 tax credit. ALSO READ: Tesla Model Y price cuts have brought costs below U.S.

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Tesla adds state incentive tool to website to calculate total tax breaks

Teslarati

Tesla’s tool helps customers realize the discounts they could receive for buying a sustainable vehicle, which state and the federal government have incentivized with tax credits. Here, we see Tesla buyers in State College, PA would only receive the $7,5o0 tax credit for a Model 3 purchase.

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EV Life is awarded CalSEED grant from the California Energy Commission to make financing electric cars cheaper than gas vehicles.

EV Life

Folsom, California, 15 October 2020. EV Life, a car site dedicated exclusively to electric vehicles, announced that it was 1 of 28 companies to win a CalSEED grant from the California Energy Commission (CEC). EV Life was selected from a competitive pool of over 200 startups based in California. About EV Life.

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Feature: Bridging the EV Affordability Gap

Clean Fleet Report

Rebates & Tax Credits Don’t Help Most Americans. Even though there are generous EV tax credits, rebates from states and utilities, and other incentives that can save drivers $10,000 or more per EV, most people aren’t aware these programs even exist. EV Climate Loans Help Close the Incentives Gap.

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REE’s P7-C electric truck receives CARB credits, eligible for over $100k in incentives

Baua Electric

Now sales eligible in California, “ Powered by REE” EVs are eligible for huge incentives, with other CARB-friendly states expected to follow suit. At the time, REE shared that the electric chassis cab is eligible for the IRS’ Commercial Clean Vehicle Tax Credit in the US, enabling a tax credit of up to $40,000 per vehicle.

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Fisker finesses the Inflation Reduction Act tax credit changes with binding sales contract; “Transition Rule”

Green Car Congress

The US Senate has passed the Inflation Reduction Act, with nearly $400 billion in funding over 10 years for climate- and energy-related programs; among the myriad provisions in the 755-page bill are changes to the electric vehicle Federal tax credit of $7,500. In the US, the Fisker Ocean starts at $37,499 in the base Sport.

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Biden attends the Detroit auto show to further promote EVs

Setec Powerr

14, thus making more people aware of the accelerating transition to electric vehicles by automakers and the billions of dollars companies are investing in building battery plants. In August, California required that all new vehicles sold in the state be purely electric or plug-in hybrids by 2035. ( For more details, click ) On Sept.

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