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How Do the Used and Commercial Clean Vehicle Tax Credits Work?

Blink Charging

Usually when discussing federal electric vehicle tax credits in the United States , most people are referring to the Clean Vehicle Credit (formerly the Qualified Plug-in Electric Drive Motor Vehicle Credit) for new EVs. Beginning in 2023, there are two new EV tax credits: the Used Clean Vehicle Credit and the Commercial Clean Vehicle Credit.

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CARB and California electric utilities partner to offer point-of-sale reduction of up to $1,500 on PEVs

Green Car Congress

California electric utilities are teaming up with the California Air Resources Board (CARB) to offer the California Clean Fuel Reward (CCFR), a point-of-sale price reduction of up to $1,500 for the purchase or lease of any eligible new Battery Electric or Plug-in Hybrid vehicle (BEV or PHEV) from a participating automotive retailer.

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Road Test: 2022 Kia Niro Plug-in Hybrid

Clean Fleet Report

One of the challenges Clean Fleet Report takes seriously is to test the EPA fuel economy ratings for the cars, crossovers and trucks we review, knowing efficiency is a top priority when looking to purchase a new vehicle. But with the 2022 Kia Niro Plug-in Hybrid (PHEV) we obliterated the “official” number in our real world driving.

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Used Teslas now qualify for $4k tax credit, but there’s a tough hoop to jump through

Teslarati

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). Previously, the site’s list of pre-owned vehicles that qualify for the $4,000 credit was void of any Teslas.

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Personal: One in a Million

Clean Fleet Report

And I’m one those million since they’re counting plug-in hybrids (PHEVs) as well as full battery electrics. Toyota Prius Prime PHEV – 14,275. Toyota RAV4 Prime PHEV – 7,988. Jeep Wrangler 4xe PHEV – 4,427. Part of how California got to its million-EV position is by offering substantial rebates to purchasers of new EVs.

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How Do the Electric Vehicle Tax Credits Work?

Blink Charging

Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. If you’ve been wondering how all these purchase incentives work, Blink has you covered. Now, onto the not-so-easy part: Which electric vehicles qualify for the Clean Vehicle Credit?

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How to Take Advantage of EV Charging Incentives for Fleets

Blink Charging

You can find incentives such as: Tax credits – These incentives lessen the amount of taxes that must be paid to the government for specific purchases. Rebates – Incentives that return cash to you if you purchase a specified item. Grants – Lump sums of money for specific purposes that you do not have to repay.

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