IL Suspends Clean-Car Rebates; GA Tax Credit In Trouble Too; Texas Next?

Green Car Reports

State tax credits and purchase rebates have proven effective in kickstarting the early market for plug-in electric cars and other green vehicles. Green Georgia Illinois Texas incentives plug-in cars rebates state laws tax credit But they don''t last forever, as buyers in Illinois and Georgia are learning; the Ilinois program has been suspended, and Georgia seems likely to kill off its program as well. Then there''s Texas, where a.

Group pushes House to pass EV tax credit reform

Green Car Reports

House leadership Wednesday to show support for reforming clean energy tax policies. One key element of the plan is an expansion of the federal EV tax credit Proponents of reform are calling for an increase in the existing cap of 200,000 eligible sales per manufacturer to 600,000, with a A coalition of 166 representatives sent a letter to the U.S.


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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. Under current law, consumers may receive a tax credit of up to $7,500 if they purchase an eligible electric vehicle. The bill maintains the $7,500 tax credit for the first 200,000 units sold.

Beyond the federal tax credit: A Guide to Clean Car Incentives

Green Car Reports

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. It’s not the only one, though.

60% of $18B in US clean energy tax credits 2006-2012 went to top 20% by income; 90% in the plug-in program

Green Car Congress

A working paper by a team at the Energy Institute at Haas, University of California, Berkeley, has found that 60% of the $18 billion in US federal income clean energy tax credits issued between 2006 and 2012—e.g., The most extreme case, Severin Borenstein and Lucas Davis found through their examination of tax return data from the IRS, is the program aimed at electric vehicles—the top income quintile received about 90% of all these credits.

2015 114

DOE awards $98M in tax credits to automakers and suppliers for clean technology manufacturing

Green Car Congress

The US Department of Energy (DOE) announced $150 million in clean energy tax credits to 12 businesses to build US capabilities in clean energy manufacturing; $98 million of that goes to five automakers and suppliers towards investments in domestic manufacturing equipment. The awards are made through the Advanced Energy Manufacturing Tax Credit program (48C Program). million 48C Tax Credit, Delphi Automotive Systems plans to invest $35.3

Income-tax credits, Harley Davidson electrics, killing clean energy, Jan plug-in car sales: Today's Car News

Green Car Reports

Today, we've got bad news from our capitol (again), an electric Harley Davidson on the way, an explanation of which carmakers may lose income-tax credits for electric-car sales, and a January plug-in car sales report. All this and more on Green Car Reports. For the first time since modern electric cars went on sale seven years ago, two makers face. Today in Car News

2018 46

Green-car deals, EPA vs climate action, electric-car tax credit, Best Car To Buy 2018: Today's Car News

Green Car Reports

We've also got possibly good news on the electric-car tax credit, clearly bad news on EPA plans to kill the Clean Power Plan, and best green-car deals for November. Today, after lots of anticipation, we revealed our Best Car To Buy 2018. All this and more on Green Car Reports. Over the weekend, as we do every seven days, we ran down last week's. Today in Car News

US Sen. Brown introduces legislation to extend advanced energy manufacturing tax credit

Green Car Congress

Sherrod Brown (D-OH), would extend the advanced energy manufacturing tax credit (48C credit). To be eligible for the tax credit, manufacturers must produce solar, wind, or geothermal energy equipment; fuel cells, microturbines, or batteries; electric cars; electric grids; energy conservation technologies; or equipment that captures and sequesters carbon dioxide or reduces greenhouse gas emissions.

Ford Focus Electric in California qualifies for $10K in tax credits, HOV access

Green Car Congress

California buyers of the Ford Focus Electric will be able to receive up to $10,000 in tax credits ($2,500 state, $7,500 federal) and enjoy high-occupancy vehicle lane (HOV) access after the car was just approved for California’s Clean Vehicle Rebate Program ( CVRP ). California Focus Electric customers can now apply to receive a $2,500 tax rebate when the Focus Electric is purchased or leased for 36 months or longer.

Prius Plug-In eligibile for a $1,500 California consumer incentive plus $2,500 Federal tax credit

Green Car Congress

announced that the 2012 Prius Plug-in has been approved for the State of California’s Clean Vehicle Rebate Program ( CVRP ). Designed to promote the use of Zero Emissions Vehicles (ZEV) and related clean vehicle technologies, the CVRP is a consumer incentive made available in addition to a $2,500 Federal Tax credit. Toyota Motor Sales, Inc.

President Obama Awards $2.3B for Tax Credits for New Clean-Tech Manufacturing Jobs; GE Gets Largest Battery-related Award

Green Car Congress

billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the United States. GE has already invested more than $150 million in developing battery technologies, and the tax credit will supplement GE’s investments in the new product line that will serve the rail, marine, mining, telecommunications and utility sectors. President Obama announced the award of $2.3

US Representatives Introduce Bill to Extend Ethanol Excise Tax Credit and Tariff

Green Car Congress

Volumetric Ethanol Excise Tax Credit (VEETC), commonly called the blenders’ credit, and the secondary tariff on imported ethanol until 31 December 2015. It would also extend the Small Producers Tax Credit and the Cellulosic Ethanol Production Tax Credit to 1 January 2016. US Representatives Earl Pomeroy (D-ND) and John Shimkus (R-IL) have introduced a bill in Congress—the Renewable Fuels Reinvestment Act (RFRA)—that would extend the $0.45

Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

Green Car Congress

Australia Prime Minister Julia Gillard unveiled Australia’s carbon pricing plan—a core element in a new clean energy plan—in a short address to the nation. But we have now had the debate, 2011 is the year we decide that as a nation we want a clean energy future. However, where applicable, an equivalent carbon price will be applied through changes in fuel tax credits or excise. The Clean Energy Regulator to administer the carbon pricing mechanism.

Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Green Car Congress

Direct transportation (fuel) taxes generate the greatest reductions in CO 2 emission from transportation, achieving CO 2 emissions at 86% of 2005 levels by about 2025. Strong income tax credits for the purchase of new diesel, hybrid, and plug-in hybrid vehicles are very expensive and essentially ineffective at reducing GHG emissions from transportation. Purchase tax credits are an expensive way to reduce oil consumption and GHG emissions from transportation.

2010 77

Sen. Baucus draft for energy tax reform focuses on clean production of electricity and fuels; repeals plug-in vehicle credits

Green Car Congress

introduced the latest in a series of discussion drafts to overhaul the US tax code. This new staff discussion draft focuses energy tax policy on stimulating domestic, clean production of electricity and transportation fuels, which account for 68% of energy consumed in the US. It also would repeal a number of current tax incentives, including those for plug-in electric vehicles and fuel cell vehicles. Specific proposals include: Clean electricity tax credit.

2013 93

California ARB adds another $6M to Clean Vehicle Rebate Program

Green Car Congress

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. To date, ARB has issued more than $42 million and is closing in on the 20,000 th rebate offered through its Clean Vehicle Rebate Project. The Clean Vehicle Rebate Project is made possible by the 2007 law known as Assembly Bill 118.

2013 71

California Air Resources Board adds another $25 million to expand clean vehicle rebate program

Green Car Congress

That can be combined with an up to $7,500 federal tax credit and other regional incentives. The Clean Vehicle Rebate Project has exceeded expectations. The Clean Vehicle Rebate Project is administered statewide by the California Center for Sustainable Energy. The California Air Resources Board (ARB) voted to immediately expand the funding and current waiting list for incentive funds that help consumers buy zero-emission and plug-in hybrid vehicles.

2014 87

ARB announces formation of waiting list for clean vehicle rebates due to demand

Green Car Congress

Applications will continue to be accepted for rebate checks while additional funding is being put in place for the 4-year-old Clean Vehicle Rebate Project. That can be combined with an up to $7,500 federal tax credit and other regional incentives.

2014 88

California electric-car rebates out of cash again; legislature neglected to fund them

Green Car Reports

The federal income-tax credit of $2,500 to $7,500 has long been supplemented by various state programs, including a purchase rebate in the crucial California market. Now the California Clean Vehicle. Incentives for the purchase of a plug-in battery-powered vehicle continue to be a powerful motivation to get new buyers to consider electric cars.

2017 62

California Clean Vehicle Rebate Project increases incentives for low- and moderate-income drivers

Green Car Congress

In order to make clean vehicles more accessible to a greater number of California drivers, especially in communities that are highly impacted by air pollution, the Clean Vehicle Rebate Project (CVRP) is implementing increased incentive levels for low- and moderate-income consumers and high-income eligibility caps. When combined with the $7,500 federal tax credit for battery electric and plug-in hybrid electric vehicles, the California rebates provide savings of up to $11,500.

2016 60

Electric-Car Incentives Vary Globally--A Lot--But Generally Work

Green Car Reports

Income-tax credits, purchase rebates, sales-tax exemptions, and various non-monetary incentives have been used worldwide to spur plug-in car sales growth. Now, data from the International Council on Clean If you''ve bought an electric vehicle recently, chances are you may have enjoyed some of the myriad incentives currently offered on plug-in cars.

2014 84

Coalition for E85 forms to push for inclusion in Alternative Fuel Credit

Green Car Congress

A coalition of retailers, producers, equipment manufacturers, and others have formed the “Coalition for E85” to push for ongoing US Federal tax credits for ethanol fuel. If the current tax credit for ethanol fuel expires at year’s end, flex fuel vehicle drivers will pay as much as 38 cents more per gallon. per gallon tax credit as part of the Alternative Fuel Credit.

EV Ownership Shortcut?

Plugs and Cars

According to the Seattle Clean Cities Newsletter, you've got three days to order a Th!nk Add in the federal tax credit, and the electric two-seater is down to around $28,000. Here's an unexpected opportunity to purchase an EV, especially if you've had a hankering for a Th!nk nk City. nk City for $6000 off from the base price of $41,695 if you live in a ZEV state. nk is apparently looking to quickly sell 150 of the vehicles they are putting together in Elkhart, IN.

2010 100

Obama blueprint for a US economy “built to last” includes “all-of-the-above” energy strategy; call for 80% of US electricity from clean sources by 2035

Green Car Congress

Create clean energy jobs in the United States. : The President called on Congress to build on the positioning of America to be the world’s leading manufacturer in high-tech batteries and reiterated his call for action on clean energy tax credits and a national goal of moving toward. clean sources of electricity by setting a standard for utility companies, so that by 2035, 80% of the.

2012 68

Volvo XC40 Recharge EV to start at $53,990 in US before qualifying tax incentives

Green Car Congress

The purchase of an XC40 Recharge may qualify for a federal tax credit of up to $7,500. The Volvo XC40 Recharge, the company’s first fully electric vehicle, will carry an MSRP of $53,990 when it arrives in US showrooms later this year.

2020 101

NY state launces series of initiatives to encourage adoption of EVs

Green Car Congress

Drive Clean Rebate Initiative Supporting the Direct Purchase of 11,000 EVs. The Drive Clean Rebate is part of New York State’s overall clean transportation strategy to reduce greenhouse gas emissions and supports the Governor’s Reforming the Energy Vision (REV) comprehensive plan to build a clean, resilient and affordable energy system. More than 40 different types of electric cars are available under the Drive Clean Rebate initiative.

2018 114

US DOE Awards $300 Million in Clean Cities Grants to Support Alternative Fuels, Vehicles, and Infrastructure Development

Green Car Congress

Geographical distribution of Clean Cities Recovery Act awards. The US Department of Energy (DOE) has selected 25 cost-share projects under the Clean Cities program that will be funded with nearly $300 million from the American Recovery and Reinvestment Act. Like the Recovery Act-funded projects, the annual Clean Cities projects include grants for vehicles, infrastructure, and education. Puget Sound Clean Air Agency’s Puget Sound Clean Cities Petroleum Reduction Project.

2009 81

ICCT suggests minor changes to Fed tax policy to cut higher investment risk of 2nd-gen biofuels and advance the industry

Green Car Congress

Minor changes to an existing Federal tax incentive for second-generation biofuels (i.e., biofuel made from cellulose, algae, duckweed, or cyanobacteria) could mitigate the current elevated risk of investing in the industry that is retarding its advance, according to a new paper by a team from the International Council on Clean Transportation (ICCT) and Johns Hopkins University. Harmonizing definitions of eligible pathways between this tax credit and the RFS2.

2013 88

NY launches first EV charging station installation rebate initiative for public and private locations; $5M available

Green Car Congress

Charge Ready NY rebates can be combined with New York State’s 50% tax credit for installing charging stations. The tax credit is applied after the rebate amount received from NYSERDA. For example, the Drive Clean Rebate initiative provides New York residents with rebates of up to $2,000 for the purchase of a new or leased electric car. New York Governor Andrew M.

2018 77

Obama directs EPA and DOT to develop and issue next phase of fuel efficiency standards for medium- and heavy-duty vehicles by March 2016

Green Car Congress

Energy Security Trust Fund and tax credits for advanced vehicles and biofuels. He also proposed to support investment in advanced vehicles and infrastructure through a new tax credit and an extension of tax credits to support cellulosic biofuels. To date, 23 major national companies, such as ARAMARK, Coca-Cola, Staples, UPS, AT&T, Enterprise Holdings, and Waste Management have joined the National Clean Fleets Partnership.

2014 87

ChargePoint year-end special: up to $1,250 credit to upgrade to dual-port CT4000 Charging Station

Green Car Congress

ChargePoint is offering its customers a limited time trade-in credit of up to $1,250 toward the purchase of a dual-port CT4000 charging station. Clean Cord Technology—a self-retracting, maintenance free, ultra lightweight cord management system—is now a standard feature.

2013 74

Nissan and Hawaii Partner on EVs

Green Car Congress

The partnership, which was announced at the Asia Pacific Clean Energy Summit and Expo in Honolulu, marks Nissan’s first definitive agreement in the United States, the company said. Hawaii is providing a $4,500 state tax credit towards the purchase of an electric vehicle and a $500 state tax credit towards the purchase and installation of a home charging station.

Imperium3 consortium forms to establish Li-ion battery gigafactory in NY state; 3 GWh by Q4 2019 to grow to 15 GWh

Green Car Congress

million in Excelsior Jobs Program tax credits. million in New York Investment Tax Credits. In 2016, C4V was recognized for its innovative battery storage technology when it was named a $500,000 winner in New York State's first 76West Clean Energy Competition. New York’s commitment to clean energy has helped spur the strong growth, which also saw annual industry revenues reach an estimated $906 million during the same time period, a 50% increase.

2017 60

Texas State Senator Proposes $4,000 State Subsidy for PHEV Buyers

Green Car Congress

Texas state Senator Kip Averitt, R-Waco has filed an omnibus clean-air and energy bill that would give a $4,000 state subsidy to plug-in hybrid electric vehicle (PHEV) buyers. Rick Perry first proposed a tax credit of $5,000 for plug-in hybrids buyers in his State of the State speech last month. federal tax credit approved last fall of up to $7,500 is expected to ease initial sticker shock. Houston Chronicle.

8 ZEV states announce US ZEV sales top 260,000 units

Green Car Congress

This announcement is further evidence that the market for zero emission vehicles is growing and that increasingly, consumers nationwide are choosing to say no to cars that run on petroleum and yes to a new generation of ultra-clean vehicles. Zero-emission vehicles are vital to Massachusetts’ efforts to cut air pollution from the transportation sector and stimulate growth in the clean energy economy.

2014 90

Hatch Hopes to Drive Plug-In

Plug In Partners

The group recognized Hatch for his CLEAR ACT (Clean Efficient Automobiles Resulting from Advanced Car Technologies), which Congress passed last summer. The CLEAR ACT provides, among other items, tax credits for purchasing alternative-fuel vehicles to help drive the market beyond current hybrid technology, creating marketable plug-in and eventually fuel cell vehicles.

2006 100

EPA Says No: Dems Get Rolled Again

Plugs and Cars

Bush started the day signing the energy bill that Nancy Pelosi called "earth-shattering change in terms of energy policy" and Sierra Club's Carl Pope said "is a clean break with the failed energy policies of the past and puts us on the path toward a cleaner, greener energy future." They could have done a bill, with solar and wind and RPS and plug-in credits and taxes on oil companies to pay for and seen it vetoed. It took less than 12 hours. The Democrats got rolled again.

2007 100

Rivian introduces two quad-motor, AWD “Electric Adventure Vehicles”

Green Car Congress

Starting with a clean sheet, we have spent years developing the technology to deliver the ideal vehicle for active customers. Rivian has developed its connected car platform from a clean sheet to allow full control and flexibility over the vehicle hardware, software and user experience. R1T pricing starts at $61,500 after Federal Tax credit. R1S pricing starts at $65,000 after Federal Tax credit.

2018 99


Revenge of the Electric Car

From the article: ‘The New York study anticipates that by 2015, electric vehicle prices should decline because of reduced battery costs, that there will be a sufficient supply of electric vehicles to purchase, and that consumers will take advantage of the existing federal tax credit of $7,500 for new electric cars. The federal government also offers buyer a tax credit of up to $7,500 per electric vehicle. …

2010 144

Honda to lease 2017 Clarity Electric for $269 a month, 36 months

Green Car Congress

Honda announced an introductory lease price of $269 a month for 36 months (plus tax) for the 2017 Honda Clarity Electric sedan ( earlier post ), which is coming to select dealerships in California and Oregon August 2017. The lease, which has a federal tax credit built in, requires $1,730 down, plus the first month’s lease payment at signing (not including tax, registration or official fees).

2017 60

Are You Plugged In?

Revenge of the Electric Car

All will qualify for a $7,500 federal tax credit. The Think City, a two-seater with optional back seats for children, can travel at speeds of up to 60 miles per hour and go as far as 100 miles per charge, but it is also the most expensive, at about $37,500 before a tax credit. Lemos Stein is a reporter for Dow Jones Clean Technology Insight, a publication based in New York. The Wall Street Journal assesses your EV readiness. Are You Plugged In?

2010 126

A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives

Green Car Congress

On 11 May, A123 amended its revolving credit facility with its lead bank, eliminating the borrowing facility and providing for up to $15.0 million as security for letters of credit. All outstanding letters of credit are required to be cash collateralized at 105% of their face amount. A123 Systems has been the recipient of a number of state and federal grants and tax incentives. The tax credit is not to exceed $25.0

2012 99