CleanTechnica EVs

DECEMBER 27, 2022

Fitzpatrick (R) of Pennsylvania, that would provide a $2500 tax credit for off-road EV purchases. The bill reads that, “there shall be allowed as a credit against the tax imposed by this chapter for the taxable year an amount equal […].

Tax Credit 125

Tax Credit Tax Minnesota Pennsylvania 125

Teslarati

JANUARY 3, 2024

General Motors is sidestepping the loss of the electric vehicle tax credit on its vehicles and will still offer a big $7,500 discount on cars for customers. The Lyriq and Blazer EV will likely regain eligibility sometime early this year as GM plans to switch up sourcing so customers can take advantage of the tax credit.

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Tax Credit General Motors Tax Motor 92

Teslarati

APRIL 17, 2023

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. The legacy automaker recently announced that its customers will benefit from the full $7,500 clean vehicles purchase incentive across its entire EV fleet lineup under a given MSRP cap.

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Tax Credit Silverado Chevrolet Tax 103

The Truth About Cars

JANUARY 4, 2024

The EV tax credit rules changed again at the beginning of 2024, and stricter requirements on battery materials sourcing cut several previously qualified models from the list. A spokesperson told the publication, "The Cadillac Lyriq and Chevrolet Blazer EV will temporarily lose eligibility for the clean vehicle credit on Jan.

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Tax Credit GM Tax Cadillac 106

CleanTechnica EVs

APRIL 14, 2023

Consumers have a new resource for finding plug-in electric and fuel cell vehicle tax credits. Current owners and those considering an electric vehicle purchase can access a free tool developed by ORNL researchers for fueleconomy.gov.

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Tax Credit Tax Electric Cars Electric 96

CleanTechnica EVs

AUGUST 3, 2022

This bill would establish a federal tax credit for businesses to purchase electric and plug-in hybrid […].

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Purchase Congress Tax Credit Commercial 137

EV Life

JANUARY 11, 2024

With climate change awareness increasing, gas prices continuing to climb, EV charging stations expanding, and tons of new EV options hitting the market each year, it’s no surprise that electric vehicle purchases are skyrocketing. By offsetting purchase costs, these incentives make emissions-free vehicles attainable for more residents.

Tax Credit 52

Tax Credit Tax Colorado Tesla 52

Green Car Congress

DECEMBER 23, 2022

Upon final HVIP approval, purchasers of the Nikola Tre FCEV in 2023 will be able to qualify for a base incentive valued at $240,000 per truck; $270,000 per truck for drayage fleets; or up to $288,000 per truck for fleets with (i) 10 trucks or less, (ii) performing drayage operations, and (iii) located within a disadvantaged community area.

Scrappage 435

Scrappage Tax Credit Purchase California 435

Green Car Congress

FEBRUARY 4, 2023

billion to extend the government’s purchase incentive program until March 2025 and to expand the types of vehicle models eligible under the program, which would include more vans, trucks and SUVs. Budget 2022 delivered an additional $1.7

Canada 304

Canada Tax Credit Clean Cleaning 304

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 Life

OCTOBER 7, 2023

The Treasury Department just released new guidance that will enable consumers to use their $7500 EV tax credits more like an upfront rebate starting in January 2024. However, new vehicle requirements are also taking effect that raise questions about which vehicles will still qualify for tax credits in the new year.

Tax Credit 52

Tax Credit Tax Buy Purchase 52

EV Life

APRIL 7, 2023

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.

Tax Credit 52

Tax Credit Tax Tesla Purchase 52

Setec Powerr

APRIL 26, 2023

One such incentive is the electric car tax credit, designed to help offset the initial cost of EVs for buyers. Section 1: Overview of the Electric Car Tax Credit in 2023 1.1 In 2023, the tax credit remains available for eligible new electric vehicles but has undergone some changes compared to previous years.

Tax Credit 52

Tax Credit Tax Electric Cars Cars 52

CleanTechnica EVs

JULY 11, 2022

New study finds the current tax credit scheme for encouraging electric vehicle purchases is less valuable to car buyers and less equitable WASHINGTON — Financial incentives play an important role in the widespread adoption of electric vehicles.

Tax Credit 98

Tax Credit Tax Electric Vehicles Washington 98

Baua Electric

JANUARY 30, 2024

Ahead of its debut, Polestar is already offering a massive $7,500 purchase incentive on the new electric SUV. Polestar 3 (Source: Polestar) According to a memo sent to dealers viewed by online research firm CarsDirect , all 2024 Polestar 3 models now feature a $7,500 purchase discount. FTC: We use income earning auto affiliate links.

Purchase 52

Purchase South Carolina Sale Tax Credit 52

EV Adoption

AUGUST 18, 2021

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). In this part 2 article, we’ll dive deeply into the elimination of the per manufacturer 200,000 EVs sold phaseout.

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Tax Credit Tax Manufacturer Parts 111

Teslarati

AUGUST 7, 2023

Used Teslas will now qualify for the $4,000 tax credit through the Inflation Reduction Act (IRA) that is applicable for electric vehicles (EVs), Plug-In Hybrid Electric Vehicles (PHEVs), and Fuel Cell Electric Vehicles (FCEVs). For example, a vehicle purchased in 2023 must be a model year of 2021 or older. I’d love to chat!

Tax Credit 79

Tax Credit Tax Tesla Purchase 79

Blink Charging

JANUARY 19, 2024

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. The Commercial Clean Vehicle Credit is much less stringent.

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Tax Credit Tax North America Clean 94

Green Car Congress

AUGUST 12, 2022

This funding comes from DOT’s Buses and Bus Facilities Program and Low or No Emission Vehicle (Low-No) Program, helping transit agencies purchase and lease new, cleaner vehicles and renovate and construct the infrastructure needed for zero-emission transit vehicles. US Senators Dianne Feinstein and Alex Padilla (both D-Calif.) 15,588,800.

California 284

California Emissions Los Angeles Fresno 284

Green Car Congress

FEBRUARY 8, 2023

Customers will also be eligible for a $40,000 clean commercial vehicle tax credit from the federal government due to the passage of the “Inflation Reduction Act”. The Tre BEV started serial production in March 2022 and is available for purchase and delivery now.

Tax Credit 150

Tax Credit Los Angeles Long Beach Scrappage 150

Green Car Congress

FEBRUARY 24, 2021

This puts an unnecessary cost burden on low- and middle-income households as we transition to using clean electricity. A more equitable model would recover costs from sales or income taxes, or an income-based fixed charge. What Californians pay is much higher than the true marginal cost of using electricity.

Affordable 221

Affordable Tax San Diego California 221

Green Car Congress

NOVEMBER 20, 2018

New York State announced a series of broad-scale initiatives to encourage the purchase and to increase the convenience and accessibility of electric vehicles (EV). Drive Clean Rebate Initiative Supporting the Direct Purchase of 11,000 EVs. The tax credit is applied after the rebate amount received from NYSERDA.

New York 354

New York Tax Credit F-150 Clean 354

Green Car Congress

MAY 1, 2022

The study was conducted by Gladstein, Neandross & Associates (GNA) and commissioned by ClearFlame, whose investors include Bill Gates-founded Breakthrough Energy Ventures, John Deere, Mercuria, and Clean Energy Ventures. per mile lower than diesel trucks in over-the-road applications. —Patrick Couch,, GNA study author.

Emissions 370

Emissions Engine Diesel Miles 370

Teslarati

JANUARY 12, 2022

CEO Elon Musk has been pretty vocal about his opposition to California’s “solar tax” initiative, noting last month that the idea was “insane.” “If you use that money to purchase the large-scale clean energy projects, we would be able to meet our 2045 goals,” she said.

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Environment Solar Tax Tesla 134

Green Car Congress

MAY 8, 2021

An additional $30 million is now available through New York State’s Drive Clean Rebate program to encourage more consumers to lease or purchase an all-electric car or plug-in hybrid electric vehicle. Eligible vehicles under the Drive Clean Rebate include all-electric cars, plug-in hybrid electric cars, and fuel-cell-electric cars.

New York 321

New York New York City Tax Credit Clean 321

Green Car Congress

MARCH 22, 2013

The California Air Resources Board (ARB) has put an additional $6 million into the state’s Clean Vehicle Rebate Project. This can be combined with an up to $7,500 clean vehicle federal tax credit and various other regional incentives. The Clean Vehicle Rebate Project is made possible by the 2007 law known as Assembly Bill 118.

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Clean Cleaning California Tax Credit 199

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 Congress

MARCH 5, 2014

UPS plans to purchase 1,000 propane package delivery trucks and install an initial 50 fueling stations at UPS locations. Propane meets those criteria as a clean-burning fuel that lowers operating costs and is readily accessible, especially on rural routes in the United States. —David Abney, UPS chief operating officer.

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Purchase Installation Fuel Alternative Fuels 291

Green Car Congress

APRIL 16, 2021

Clean Cars 2030 passed as an amendment to E2SHB 1287 , a bill mandating electric utility preparation for an all-EV future, with a vote of 25-23 in the Senate and 54-43 in the House. The new law establishes the most aggressive such state goal in the US—five years ahead of California’s 2035 target.

Washington 305

Washington Seattle Light Sale 305

Green Car Congress

MARCH 30, 2023

The California Air Resources Board (CARB) Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) program, played a significant role in securing many of the 100 sale orders that are expected to convert to purchase orders following the satisfactory completion of the demonstration programs.

Hydrogen 186

Hydrogen Scrappage Tax Credit Commercial 186

Green Car Congress

JANUARY 19, 2023

In addition to the funding provided by HVIP, purchasers of Nikola’s Tre FCEVs will also qualify for an additional $40,000 clean commercial vehicle tax credit in 2023 from the federal government due to the passage of the Inflation Reduction Act.

Hydrogen 218

Hydrogen Electric Vehicles Fuel Tax Credit 218

Setec Powerr

MAY 5, 2023

In this article, we will explore the top states that provide the best incentives for purchasing an electric vehicle, helping you make an informed decision. California provides up to $4,500 in rebates through the Clean Vehicle Rebate Project (CVRP), based on income eligibility.

Electric Vehicles 98

Electric Vehicles New Jersey Tax Credit Oregon 98

Green Car Congress

AUGUST 6, 2023

Designed to be the future of clean and affordable mobility for a global mass market, PEAR is available in four trim levels, priced starting at $29,900, and scheduled to be available in mid-2025. It will be available for all-wheel drive Ultra and Extreme trims, both at vehicle purchase and as a post-purchase add-on package.

Alaska 354

Alaska Fisker Carbon Fiber Convert 354

Green Car Congress

JANUARY 9, 2010

billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the United States. Aeroenvironment plans to purchase equipment for manufacturing 25 kWh LiTiO advanced battery packs and battery management systems. President Obama announced the award of $2.3 Aerovironment, Inc.

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Tax Credit Obama Tax Clean 210

CleanTechnica EVs

JANUARY 1, 2023

However, the upfront cost of purchasing a new EV can be prohibitively expensive for some consumers. As a result, many people opt to purchase a used EV in order to take advantage […].

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Tax Credit Tax Purchase Cost Of 113

EV Connect

FEBRUARY 15, 2021

Once your company takes advantage of federal EV tax credits, EV Connect can help you find available New York State EV tax credits that will help defray costs further and maximize your investment for years to come. Upgrading your Fleet Federal tax credits offset up to $7,500 of the cost of purchasing a new electric vehicle.

Tax Credit 52

Tax Credit New York Tax Purchase 52

Green Car Congress

MAY 14, 2021

The Clean Cars 2030 package passed the legislature as an amendment to E2SHB 1287 —a bill mandating electric utility preparation for an all-EV future. Governor Inslee signed the bulk of 1287, vetoing the Clean Cars amendment package due to its linking electrification to the implementation of a road usage charge program.

Washington 199

Washington All-Electric Sale Clean 199