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Colorado Electric Vehicle Tax Credit Rises to $5,000

EV Life

The bill puts forth several measures aimed at advancing decarbonization in the state, including tax credits for industrial facilities to implement emission-reducing improvements, new spending for geothermal energy projects and geothermal electricity generation, the construction of sustainable aviation fuel production facilities, and more.

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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. The EV tax credit outlined in the Inflation Reduction Act of 2022 is non-refundable, meaning it can only be applied to money you already owe in the tax year you purchase your vehicle.

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What EV Drivers Should Know About Leasing an EV This Year

Blink Charging

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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Guide to California EV Incentives

EV Life

To accomplish this, California has introduced a number of tax credits, rebates, and grants aimed at reducing air pollution and encouraging California drivers to make the switch to low-emission or no-emission vehicles. Grants can only be used at approved dealerships on the CVA program dealership list.

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Top Factors Affecting EV Adoption

EV Connect

While studies show that 30% of newer drivers aged 18-25 plan to buy an EV next, the overwhelming majority (58%) in the US still plan to stick with gasoline. Qualifying projects can receive up to 80% of their costs from NEVI grants and must meet strict standards around charging experience, uptime, reporting, cybersecurity, and more.

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How to Choose the Right Vehicle for Your Fleet

Clean Fleet Report

Evaluating the carbon footprint of your fleet and opting for cleaner alternatives can have financial benefits, too, with many governments and municipalities offering incentives for environmentally friendly fleets. The New vs. Used Debate The decision to buy new or used vehicles is a strategic one.

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New UK Report Welcomes Moves to Promote Green Cars but Stresses Importance of Policies to Reduce Car Use

Green Car Congress

It finds that policy can play a big role in helping drivers leave their car at home and that Britain lags behind the leading countries in use of cleaner modes of travel. It also discusses fuel taxes and prices, which affect both travel and vehicle choices. But there is a bigger picture. Robert Gross, lead author.

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