EV Adoption
NOVEMBER 26, 2021
For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.
Charged EVs
SEPTEMBER 22, 2022
The provision that’s gotten the most press is a redesign of the federal EV tax credit—that’s only natural, because it’s the policy that’s most likely to directly affect the average consumer, and because politicians love to talk about tax breaks. Credit where credit is due.
Baua Electric
MAY 24, 2024
That declines steadily by age group, with only about 26% of those 60 and older willing to consider buying a car from a Chinese brand, according to AutoPacific. It effectively goes along with plans to tighten the EV supply chain in order to qualify for the federal EV tax credit of up to $7,500.
Teslarati
JUNE 24, 2022
” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits. The post Ford reportedly eliminates lease-to-buy option on electric vehicles appeared first on TESLARATI. If you have any comments, concerns, or questions, please email me at christine@teslarati.com.
Teslarati
FEBRUARY 27, 2024
I just can’t emphasize this enough: that the vast majority of people buying a car is about the monthly payment. Any EVs with components are not eligible for the IRA’s EV tax credits. BYD has invested some in South America recently and is even rumored to be looking at a sites in Mexico.
Plug in America
DECEMBER 21, 2023
Clean Vehicle Tax Credits Clean vehicle tax credits kicked into high gear in 2023. New federal EV tax credits were expanded and updated, and credits for used and commercial EVs became available for the first time in January. New Mexico adopted the Advanced Clean Cars II standard (ACC II).
Baua Electric
JANUARY 29, 2024
can take advantage of the total incentives for buying zero-emissions vehicles – rebates that can go as high as $45,000 per truck. Mullen also points out that combined with the $7,500 federal tax credit , commercial customers can purchase a new THREE electric truck at a net cost below $20,000.
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