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How Do the Used and Commercial Clean Vehicle Tax Credits Work?

Blink Charging

Usually when discussing federal electric vehicle tax credits in the United States , most people are referring to the Clean Vehicle Credit (formerly the Qualified Plug-in Electric Drive Motor Vehicle Credit) for new EVs. But that’s not the only federal tax credit for buying an EV.

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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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Leasing vs. Buying EV Charging Stations

EV Connect

For these people, one of the main questions is whether to lease charging stations, or buy them outright. That said, note that some EV charging station providers advocate passing the monthly costs of a lease off to tenants or users of your property. Here are the factors to consider when making that choice. And this isn’t the only one.

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How EV Charging Boosts Value at Commercial Real Estate

Blink Charging

Commercial real estate and electric vehicle (EV) charging are a natural fit. According to research firm Nareit, commercial real estate in the United States was valued at nearly $21 trillion in the second quarter of 2021. Commercial real estate owners and investors are always looking for ways to increase the value of their properties.

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Lease Buyout Offers Loophole to EV Incentive Restrictions

EV Life

The most significant incentive, outlined in the Inflation Reduction Act of 2022 , comes in the form of a $7,500 tax credit for eligible drivers and vehicles. As with most government incentive programs, there are a lot of rules and restrictions regarding who qualifies for the credit. However, there’s a catch.

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Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Green Car Congress

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. That finding takes into account both the higher purchase price of an electric vehicle and the lower fuel costs over the vehicle’s life. Source: CBO. Click to enlarge.

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AeroVironment completes first electric vehicle commercial charging station installations in Hawaii

Green Car Congress

AeroVironment offers solutions for the entire spectrum of parking locations, including government/public lots, workplaces, airports, condominiums, commercial developments, shopping malls, auto dealers, restaurants, parks, and other retail locations.

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