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UK accelerates end of sale of new gasoline and diesel cars to 2030, hybrids to 2035

Green Car Congress

The sale of hybrid cars will be allowed until 2035. billion) to accelerate the rollout of chargepoints for electric vehicles in homes, streets and on motorways across England, so people can more easily and conveniently charge their cars. To support the acceleration to electrification, the Prime Minister announced: £1.3 billion (US$1.7

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Cars24 registers 42% used car sales growth in CY23, five-fold growth in EV inquiries | Autocar Professional

Baua Electric

Technology-led used-car buying and selling platform Cars24 has announced registering a 42 percent year-on-year (YoY) growth in the sales of used cars in CY23. Cars24 recorded around 200 inquiries for used electric cars every day in CY23. Cars24 recorded around 200 inquiries for used electric cars every day in CY23.

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Optimizing Car Leasing Tax Advantages

Clean Fleet Report

Optimizing Car Leasing Tax Advantages The UK Business Benefits This article may contain affiliate links. One strategy that’s gaining popularity among UK businesses is leasing, particularly when it comes to cars. Tax Benefits Now, let’s delve into the tax benefits of leasing a car for your business.

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Failure to equalise VAT on public charging a missed opportunity

My Energi

Citing concerns surrounding ‘additional pressure on public finances’ and ‘limitations surrounding legal and fiscal considerations’, ministers also rejected calls to reinstate EV purchase grants – a scheme that proved vital in supporting the growth of the electric car market before its closure in June 2022.

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The EV Tax Credit: Buy Now or Wait Until 2024?

EV Life

The federal government is hoping this change will further drive EV sales and get the country closer to the goal of making EVs account for 50% of all new car sales by 2030. They can then receive cash or apply the credit toward the cost of the car or a down payment. Here’s how it works: Find your savings.

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Lease Buyout Offers Loophole to EV Incentive Restrictions

EV Life

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. Finance the buyout with an auto loan. or a country that has a free-trade agreement with the U.S. Here’s how it works.

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Tesla Tax Credit: How Californians Can Save $15,000 with EV Credits and Rebates

EV Life

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. Which brings us to Tesla. Not anymore.