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EV tax credit rules get extension in big win for automakers

Teslarati

The electric vehicle tax credit rules got an extension on Friday as the U.S. At the beginning of the year, new rules took effect, and several electric vehicles that qualified for the full $7,500 tax credit in 2023 were no longer on the qualifying list. On Friday, the U.S.

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Tesla embraces new immediate EV tax credit system

Teslarati

Tesla has embraced the new immediate use of the EV tax credit, which was announced last year by the IRS and Department of the Treasury. In October , the IRS and Department of the Treasury announced that it would issue new guidance regarding the EV tax credit, with the changes taking effect in 2024.

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Ford Mustang Mach-E to lose EV tax credit

Electrek

If you are thinking about buying Ford’s electric Mustang Mach-E , you may want to do so before the end of the year. Ford expects the Mach-E will no longer qualify for the federal EV tax credit. more… The post Ford Mustang Mach-E to lose EV tax credit appeared first on Electrek.

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How to Get the Federal Clean Vehicle Tax Credit This Year

Blink Charging

The United States federal government has made it even easier to buy a new or used electric vehicle (EV). The latest Clean Vehicle Tax Credits can be applied to the purchase of a new or used EV at the point of sale as of January 1, 2024. Here’s what you need to know.

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The Nissan Leaf is Eligible for a $3,750 Tax Credit Again

The Truth About Cars

The automaker announced that the car has regained eligibility for federal tax credits, though for only half of the maximum $7,500. With the credit, the Leaf starts in the mid-$25,000 range, extending its lead as the cheapest EV on sale. has a free-trade agreement. Image: Nissan] Become a& TTAC insider.

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Thousands of auto dealers sign up to offer new on-the-spot tax credit

Electrek

New year, new rules: As of January 1, things are about to get a little easier when it comes to getting your federal tax credit for buying an electric vehicle. more… The post Thousands of auto dealers sign up to offer new on-the-spot tax credit appeared first on Electrek.

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US tax credits and subsidies for electric bikes are growing bigger

Electrek

Not only are more cities and states promoting financials incentives to help residents buy electric bicycles, but the incentives are often growing in value, too. more… The post US tax credits and subsidies for electric bikes are growing bigger appeared first on Electrek.