The Truth About Cars

APRIL 17, 2023

With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify. or in a country where the U.S. has a free-trade agreement.

Tax Credit 83

Tax Credit Tax North America Chevrolet 83

Blink Charging

FEBRUARY 23, 2023

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. First, the easy part: How do I claim the $7,500 EV tax credit?

Tax Credit 72

Tax Credit Tax Electric Vehicles North America 72

EV Adoption

FEBRUARY 23, 2021

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit. Chart Source: EV Volumes.

Tax Credit 98

Tax Credit Tax Sale Plug-in 98

Green Car Reports

JANUARY 8, 2019

For a bunch of electric-car owning acolytes, our readers are surprisingly sanguine about the reduction and eventual expiration of plug-in tax credits on electric-car sales. We've reported extensively on the expiring tax credits, which will affect models from Tesla and GM in 2019.

Tax Credit 68

Tax Credit Tax Plug-in GM 68

Green Car Reports

OCTOBER 7, 2022

Plug-in hybrids aren’t the dollars-and-cents no-brainer vs. hybrids anymore, due to the revamped EV tax credit. And will Tesla Megachargers be popping up everywhere now that the Semi is being delivered? This and more, here at Green Car Reports. Tesla Semi production has started, CEO.

Honda 138

Honda Tax Credit Hybrid PHEV 138

Green Car Reports

FEBRUARY 24, 2017

A major contributor to electric-car sales is the program under which buyers of new electric cars qualify for a federal income-tax credit of up to $7,500. But these tax credits are not unlimited.

Tax Credit 104

Tax Credit Tax Electric Cars GM 104

Green Car Reports

MARCH 20, 2018

With Tesla likely to hit 200,000 electric cars sold in the U.S. later this year, it will begin a phasedown process during which the income-tax credits available to its buyers start to dwindle on a set schedule. General Motors is likely to hit the same cap a couple of quarters after Tesla.

Tax Credit 101

Tax Credit Tax Electric Cars General Motors 101

Green Car Reports

DECEMBER 12, 2018

As we've covered here before, Tesla buyers are facing the expiration of the full federal plug-in vehicle tax credit that the cars are currently eligible for through Dec. Twice, Tesla has set deadlines for buyers to order their cars if they want to receive the full credit. CHECK OUT.

Tax Credit 89

Tax Credit Tax Tesla Plug-in 89

Green Car Reports

APRIL 18, 2023

Toyota is testing low-carbon fuels for its plug-in hybrids. The Tesla Model Y is now challenging ICE models in price. The IRS posts its shortlist of models qualifying for the $7,500 EV tax credit. This and more, here at Green Car.

Tax Credit 122

Tax Credit Toyota Hybrid PHEV 122

Green Car Reports

AUGUST 10, 2018

The king of all financial incentives for plug-in cars is, of course, the federal tax credit of up to $7,500. With Tesla’s federal tax credit already on its way to expiring and GM’s close behind, it’s worth knowing where to look for other incentives for those who want an electric car.

Tax Credit 75

Tax Credit Tax Clean Cleaning 75

Green Car Reports

FEBRUARY 26, 2018

sales of electric cars that qualify for the full federal tax credit of $7,500? That number is 200,000; after the rest of that calendar quarter and the one following, the credit is halved for a further two quarters. It's been a topic of discussion for years: What will happen when a carmaker reaches the cap on U.S.

Tax Credit 107

Tax Credit Tax Sale Electric Cars 107

Green Car Reports

DECEMBER 19, 2017

Senate and House of Representatives retained a number of provisions originally slated to be cut from the tax code. Among them was the federal income-tax credit for purchase of a plug-in electric vehicle. Three carmakers—General Motors, Nissan, and Tesla—have now used more than half.

Tax Credit 88

Tax Credit Tax General Motors Electric Cars 88

Green Car Reports

APRIL 23, 2023

What kind of fuel is being tested by Toyota in plug-in hybrids? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending April 22, 2023. In a review, we found the 2024 Mercedes-Benz GLE 450e plug-in hybrid manages to go about 40 miles without the.

Tax Credit 104

Tax Credit Land Rover Mercedes PHEV 104

Green Car Reports

OCTOBER 21, 2023

Which automakers this week announced a shift to the Tesla-based NACS charge port? Which long-running EV nameplate reclaimed eligibility for the EV tax credit? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending October 20, 2023.

Lexus 125

Lexus Tax Credit PHEV Concept 125

Green Car Reports

JULY 13, 2018

Tesla is the first automaker to reach the 200,000-car limit for federal electric-car tax credits. Pininfarina plans for a new line of exotic electric cars. And we have the best deals on plug-in, hybrid, and other fuel-efficient vehicles. All of this and more on Green Car Reports.

Tax Credit 68

Tax Credit Pininfarina Green Cars Tax 68

EV Adoption

SEPTEMBER 7, 2021

One of the biggest complaints about the federal electric vehicle (EV) tax credit (IRC 30D) is that its structure of using a non-refundable tax credit is clearly more beneficial to higher-income households. How the Current Tax Credit Works For EV Buyers.

Tax Credit 59

Tax Credit Tax Parts Purchase 59

Green Car Reports

MARCH 29, 2019

Consumers have less than three days to buy a plug-in Chevy Volt or Bolt EV from GM and still qualify for the full $7,500 federal tax. And yet Chevrolet isn't making any final push to clear out inventories of either car.

Tax Credit 95

Tax Credit Tax Chevrolet Volt 95

Green Car Reports

AUGUST 29, 2019

Tesla is launching its own insurance product. GM faces another drop in its EV tax credit amount next month. And there might be a Toyota RAV4 plug-in hybrid in the works. All this and more at Green Car Reports. Tesla has launched an insurance product. It’s so far only.

Plug-in 85

Plug-in Tax Credit Plug Hybrid 85

Teslarati

OCTOBER 23, 2023

The Colorado Air Quality Control Commission adopted the Colorado Clean Cars standard on Friday, directing manufacturers to make 82 percent of all light-duty vehicles sold electric by 2032, as detailed in a press release. They also do not apply to used vehicles or those used for things like construction or agriculture.

Colorado 100

Colorado Sale Tax Credit Tax 100

Green Car Congress

OCTOBER 12, 2014

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.

Davis 290

Davis Plug-in Plug Sale 290

The Truth About Cars

JANUARY 23, 2024

Photo credit: Suwin66 / Shutterstock.com The electric vehicle (EV) market is experiencing a significant growth in 2024 , with expectations for sales of passenger EVs to climb by 21 percent in 2024, reaching 16.7 This stability results from reduced subsidies and the influence of favorable company-car taxation schemes. million units.

Electric Cars 90

Electric Cars Tax Credit Indonesia BYD 90

Green Car Reports

SEPTEMBER 18, 2021

Why did Tesla push back about an expansion of the federal EV tax credit? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending September 17, 2021. We tested the Toyota RAV4 Prime plug-in hybrid off-road, and brought you our impressions on.

Tax Credit 112

Tax Credit Tax Green Cars Range 112

Green Car Reports

DECEMBER 12, 2018

Audi will build an upscale car on VW's affordable electric-car platform. Tesla will refund the full amount if it doesn't deliver cars in time for the full federal tax credit. And how do our readers see the future of the Chevy Volt's plug-in hybrid tech?

Affordable 83

Affordable Audi Tax Credit Ford 83

Green Car Reports

OCTOBER 24, 2018

Beginning next April, buyers of General Motors’ electric vehicles and plug-in hybrids won’t be getting the same break on their purchase as those who buy those vehicles from any other brand. Any other brand but Tesla, that is.

Tax Credit 116

Tax Credit GM Tax General Motors 116

Baua Electric

JANUARY 6, 2024

Which EVs made the tax-credit shortlist in 2024? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending January 5, 2024. The Kia EV9 is Green Car Reports’ Best Car To Buy 2024. And some made-in-America EVs like those from Rivian lost half of their credit amount.

Fisker 52

Fisker Kia BYD Tax Credit 52

Plugs and Cars

MARCH 18, 2009

Elon Musk has disclosed the intended price of Model S, even if the car itself must spend another week under wraps. And another two years before production cars begin to roll off an assembly line. According to the Tesla newsletter "the Model S will have an anticipated base price of $57,400.

Tax Credit 100

Tax Credit Tax Tesla Motors Texas 100

Green Car Reports

APRIL 13, 2019

What model will Tesla quit selling online? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending April 12, 2019. Tesla shook up its lineup again on Friday, announcing leases for the Model 3 and dropping the base $35,000 from its.

Tax Credit 73

Tax Credit Tax EPA Kia 73

Baua Electric

JANUARY 3, 2024

Tesla and Chinese automaker BYD were the two global contenders for most EV sales in 2023. Tesla ultimately sold more EVs over the entire year, but BYD pulled ahead of the U.S. On Tuesday, Tesla said it delivered 1.8 Tesla Model 3 (Europe-market refresh) Unlike Tesla, BYD isn’t EV-exclusive.

BYD 52

BYD Global Sale Tesla 52

Green Car Reports

APRIL 30, 2019

In the last few months, it has become clear how much of an effect the federal plug-in vehicle tax credit has on sales of electric cars. The tax credit on Teslas was cut in half in January, from $7,500 to $3,750, and its sales dropped from more than 90,000 cars to 63,000 after the tax credit was cut.

Tax Credit 79

Tax Credit Tax 2018 Plug-in 79

Green Car Reports

MARCH 9, 2017

The state of Nevada has been fairly generous to startup electric-car makers that pledge to establish manufacturing operations within its borders. After offering a generous incentive package several years ago, the Silver State landed Tesla's lithium-ion battery "Gigafactory," which is now up and running just outside Reno.

Nevada 77

Nevada Tax Credit Lithium Ion Tax 77

Green Car Congress

NOVEMBER 13, 2015

The 2016 Hyundai Sonata Plug-in Hybrid Electric Vehicle (PHEV) is arriving in select dealerships in 10 states this week with an EPA-estimated 27-mile (43.5-kilometer) The 2016 Sonata Plug-in is EPA-rated at 99 MPGe combined, with 34 kWh/100 miles, and 40 mpg combined for charge sustaining (conventional hybrid) operation.

Plug-in 150

Plug-in 2016 Plug EPA 150

Teslarati

MARCH 16, 2023

Tesla victorious in Rhode Island after state approves license to sell direct DRIVE EV offers rebates of up to $2,500 for car buyers who purchase or lease a new fully-electric or fuel-cell EV. Why Tesla Model Y tax credit inclusion is good for some and bad for others Used EVs are also a part of the program but offer smaller rebates.

Sustainable Transportation 77

Sustainable Transportation Rhode Island Transportation Tax Credit 77

EV Life

JUNE 8, 2023

These days, all-electric options are available in every type of vehicle, from high-horsepower electric sports cars to stylish electric luxury sedans to torque-heavy electric trucks. For families, Tesla offers the option to add a third row of seats for an additional $3,000. The good news? The other upside?

SUV 52

SUV Tax Credit Market Tax 52

Green Car Reports

FEBRUARY 9, 2018

Those chastened but seemingly optimistic words came from the CEO of Tesla, Elon Musk, during a conference call discussing the company's. "Overall, I think, while there were challenges associated with Model 3 ramp, we were in a deeper level of hell than we expected, so a few levels deeper than we'd like to be, but swiftly exiting, I think."

Tax Credit 90

Tax Credit Tax Tesla Companies 90

Baua Electric

APRIL 25, 2024

GM last week announced details regarding its vehicle-to-home (V2H) system, set to launch with the Chevrolet Silverado EV RST , that will help EV owners back up their home without the help of a storage battery like a Tesla Powerwall or a backup generator. in future updates,” said spokesperson Sanaz Marbley to Green Car Reports.

GM 52

GM Tesla Silverado Cadillac 52

Baua Electric

MARCH 12, 2024

When it’s time to replace their cars, many Toyota Prius owners choose another of the hybrids, according used-car retailer CarMax. 2013 Toyota Prius liftback That same analysis also found last year, ahead of used-EV tax-credit eligibility, prices were rising on used plug-in hybrids.

Prius 52

Prius Lexus Tax Credit Toyota 52

Plug in America

NOVEMBER 20, 2020

Like electric cars, electric motorcycles are extremely fun to ride! Plug In America Co-Founder Paul Scott’s current ride is the Zero SR/S. “I With their smaller size, electric motorcycles are even more efficient and convenient than an electric car. Credit amount: up to $2,500. LiveWire 2018.

Electric Motorcycles 98

Electric Motorcycles Motorcycles Tax Credit Los Angeles 98