The Truth About Cars

FEBRUARY 1, 2024

According to the 2024 Dealer Outlook Survey, 83 percent of respondents said the government was pushing the transition toward EVs too quickly and mucking up the auto market. About half of all dealerships also said they never bothered to register with the IRS to more easily facilitate EV tax credit exchanges.

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EV Life

APRIL 7, 2023

Buying a new car is one of the most significant purchases you’ll likely make in your life, so you want to make sure you’re getting the best deal available. In California, the Tesla Model Y and Model 3 are the two best-selling cars of any kind in the whole state. Not anymore.

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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.

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Tax Credit Tax North America Clean 94

EV Life

OCTOBER 21, 2023

As we enter the age of the electric car, federal and state governments have created a variety of programs , rebates, and grants to incentivize drivers to make the switch to zero-emission vehicles. Two sections of the law, 30D and 45W, detail individual tax credits and commercial tax credits, respectively.

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Green Car Reports

DECEMBER 1, 2017

Common wisdom has it that the last few days of any calendar year are the best time to buy a car. Not only are franchised dealers and their salespeople seeking to close out the month with a bang, but it's the end of a year and their allocation of cars next year can depend on how many they sell this year.

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Electric Auto Association

FEBRUARY 7, 2023

Fellows set out to purchase the new car in December, when, like now, EVs were difficult to come by. “I GM to the rescue “I attended the LA Auto Show and found that the best EV-buying tips came from Chevrolet,” Fellows recalled. We can’t allow the dealers to pull this on buyers. Buyers should be wary of these dealers,” she added.

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Tax Credit Dealers Purchase Chevrolet 91

EV Adoption

JUNE 21, 2022

Nine of these EVs have a base MSRP of less than $35,000 and another nine would have a net effective price below $30,000 when factoring in the applicable federal EV tax credit. And buyers in some states may qualify for further incentives including rebates or no sales tax, along with some utilities also providing rebates.

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Baua Electric

FEBRUARY 27, 2024

The automaker now expects to begin building electric cars in the US in the fourth quarter of 2024, with the grand opening in the first quarter of next year. Hyundai initially planned to begin production early next year, but the automaker is plowing ahead with the $7,500 federal tax credit on the line.

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Electric Vehicles India

OCTOBER 13, 2021

Things to know before buying an electric vehicle. If you are someone who is planning to buy an electric vehicle, then this article is exactly for you and before you a new electric vehicle you must go through with this top and helping tips or guides. Read further to know more about things to know before buying an electric vehicle. .

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Baua Electric

JANUARY 6, 2024

Which EVs made the tax-credit shortlist in 2024? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending January 5, 2024. The Kia EV9 is Green Car Reports’ Best Car To Buy 2024. The plan will include up to 50 dealers in the U.S. Which company faced a $1.7

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Fisker Kia BYD Tax Credit 52

Green Car Congress

OCTOBER 12, 2014

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.

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Baua Electric

JANUARY 16, 2024

A dealer bulletin shows that all versions of the 2024 Ioniq 6 are eligible for $7,500 in “retail bonus cash”—a rebate that can essentially be applied only to purchases, and not with Hyundai’s current low-interest financing, CarsDirect notes. Hyundai already gave the Ioniq 6 a $4,100 price cut for 2024 , versus 2023.

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Plug in America

JULY 21, 2023

EVs Cost Less to Fuel Powering your ride with electricity costs about 60% less than buying gasoline. Depending on your electric utility, you may be able to save even more money by setting your car to charge at off-peak rates. Not only does this save you money, but it also saves you time spent waiting for your car to be serviced.

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Green Car Congress

SEPTEMBER 21, 2012

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. For example, an average plug-in hybrid vehicle with a battery capacity of 16 kWh would be eligible for the maximum tax credit of $7,500. Source: CBO. Click to enlarge.

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Tax Credit Gasoline Tax Gasoline-Electric 252

Electric Vehicles India

NOVEMBER 8, 2021

Australia’s Prime Minister Scott Morrison has announced the federal government’s new electric vehicle strategy to encourage people to buy electric vehicles. He said the battery-powered cars would not “tow your trailer.”. One in three cars being electric vehicles hardly meets this goal. Australia unveiled its new EV policy.

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EV Life

MAY 5, 2023

Federal EV Tax Credit To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car. Here’s a step-by-step guide to making an educated decision about electric car tax credits.

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Baua Electric

JANUARY 3, 2024

As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place. More on that below.

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Clean Fleet Report

FEBRUARY 3, 2024

Not head-snapping, but certainly a rewarding sensation which only an electric car can provide, and plenty fast enough to merge into freeway traffic. If, like most people, you are driving under 50 miles daily, this efficient car should be on your consideration list. There are three plug-in options for charging the Leaf SV Plus.

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Nissan Tax Credit Dealers Tax 61

EV Connect

AUGUST 22, 2022

With strong policy support and aggressive climate initiatives , prioritizing plug-in hybrids and fully electric vehicles makes more sense for auto dealers than ever. Despite the need, though, many auto dealers are hesitant to take on the significant cost of adding EV charging stations to their dealerships. In the U.S. and Canada.

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Baua Electric

FEBRUARY 25, 2024

Hyundai IONIQ 5 (left) and IONIQ 6 (right) at Tesla Supercharger (Source: Hyundai) There’s a loophole in the stricter IRA federal tax credit that only applies $3750 rebates on North American-built cars and separately $3750 on domestic batteries. Find Hyundai Ioniq 6 discounts at a dealer near you.

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Hyundai Dealers Los Angeles Tax 52

Teslarati

OCTOBER 6, 2023

Government expanded the electric vehicle tax credit program and access to those credits to help dealers expand their businesses and consumers take advantage of cost savings for buying an EV. Dealers can either have the purchase price of their vehicle reduced or be given cash by the dealer.

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Electric Auto Association

APRIL 1, 2021

An early adopter Sinclair’s first venture into the world of clean energy vehicles came in the early 2000’s when she and her husband purchased a Ford Escape Hybrid, a car they still own today. It was a little more than I wanted to spend on a used car, but it’s certainly worth it. I couldn’t be happier with the Model 3,” said Sinclair.

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Clean Fleet Report

MARCH 2, 2023

Built in America Genesis cannot stress enough the importance and milestone it is for their brand to now be building a car in America that will be sold in America. These job rotations are choreographed tightly as a car is coming down the line every 52 seconds, utilizing “Just in Time” and “Just in Sequence” manufacturing.

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EV Adoption

AUGUST 19, 2021

Should expensive electric vehicles be excluded from the federal electric vehicle tax credit (IRC 30D)? While this question is often hotly debated on social media, the proposed changes to IRC 30D would draw a line in the sand and establish an $80,000 MSRP cap on the credit. – The Drive. – The Drive.

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Clean Fleet Report

DECEMBER 22, 2023

Be careful listening to self-anointed experts that owning a plug-in hybrid electric vehicle (PHEV) is not a wise choice or viable option when buying a new car. Those truly in the know have real world knowledge of why a PHEV is the perfect bridge between a gasoline-powered car and one propelled by only electricity.

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Teslarati

JANUARY 7, 2024

According to the United States (US) Treasury Department, more auto dealers are signing up for the point-of-sale electric vehicle tax credit. In November 2023, the US Treasury announced that car dealers would receive direct tax credit payments, enabling them to offer customers immediate rebates at the point of sale.

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Tax Credit Dealers Tax Auto 120

Clean Fleet Report

MAY 2, 2024

Ask any race car engineer the importance of getting the weight low to the ground and evenly distributed. A-Spec RWD $65,850 A-Spec AWD $69,850 Type S AWD $74,850 Type S AWD $75,850* (*With the Performance Wheel and Tire Package) The ZDX is built in Spring Hill, Tennessee, meaning it will qualify for federal and state tax credits.

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Acura All-Electric SUV Miles 85

Green Car Congress

JANUARY 1, 2011

Key developments in the transportation sector that they note include: Positive for gasoline demand: Strong Chinese car growth in 2010, particularly in the first half of the year, with vehicle sales up 30% year-on-year (YoY) through the first eleven months of 2010. passenger cars will outgrow larger vehicles due to favorable policies.

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Transportation Gasoline Lithium Ion Gasoline-Electric 250

Green Car Congress

NOVEMBER 9, 2012

Ford has tripled to more than 200 the number of dealers certified to sell its lineup of plug-in electrified vehicles, including the C-MAX Energi that is on sale now. Starting MSRP is $29,995 (after a federal tax credit). Earlier post.). In electric-only mode, C-MAX Energi uses an advanced 35 kW peak, 7.6-kWh

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Blink Charging

MAY 9, 2023

It’s a new car-buying season and many new car buyers want to take advantage of the federal government’s electric vehicle tax incentives. To help, we have compiled some of the most common frequently asked questions asked by dealership customers and new EV owners before buying their first EV.

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Green Car Congress

FEBRUARY 10, 2015

Volkswagen will also invest to support installation of charging stations in certain dealer locations. Sommer’s list of needed measures at the Federal, state, regional and local levels included: Congressional support for a consistent and predictable tax policy for electric drive vehicles and infrastructure.

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Cars That Think

MARCH 12, 2023

Electric cars barely existed in 2010, when the Tesla Model S was still a glint in Elon Musk’s eye. Instead, Lucid leaders see a bright future in cars that aim for maximum efficiency — rather than range per se — via smaller, more-affordable batteries. allowing automakers to theoretically build many more cars from a finite supply.

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Batteries Battery Supplies GM 91

EV Adoption

MARCH 19, 2021

And if you subtract the $7,500 federal EV tax credit available for the ID.4, And while EVs from the legacy automakers as of yet don’t match the range and performance of those from Tesla, those and other advantages from Tesla are simply not as important to huge segments of car buyers. But the ID.4

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EV Life

MARCH 7, 2023

What’s more, the Bolt EV is eligible for a variety of federal and state tax credits, rebates, and incentives that can potentially bring the price down to zero for qualifying drivers. Applicants can receive a non-refundable tax credit of up to $7,500. Don’t expect much help from car dealerships.

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Baua Electric

DECEMBER 31, 2023

As you wait another couple days to see our Best Car To Buy winner for 2024 , read on for Green Car Reports biggest EV stories of 2023, the five topics that produced a complex tangle of twists and turns that will continue well into 2024. Rivian Gauge View Software (almost) killed the electric car.

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Baua Electric

DECEMBER 30, 2023

What do you need to ask the dealership if buying an EV after the new year? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending December 29, 2023. This week we took a look at the last of our Green Car Reports Best Car To Buy 2024 finalists up close. big cities too?

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Blink Charging

SEPTEMBER 1, 2023

The United States reached this point in 2021, meaning that by 2025, 25% of new cars may be electric vehicles. Statistics show that “Americans buy more than twice as many cars used as new,” which means that as the EV market matures, more used EVs originally bought by early adopters are making their way to a new demographic of car owners.

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