article thumbnail

Colorado Electric Vehicle Tax Credit Rises to $5,000

EV Life

The bill puts forth several measures aimed at advancing decarbonization in the state, including tax credits for industrial facilities to implement emission-reducing improvements, new spending for geothermal energy projects and geothermal electricity generation, the construction of sustainable aviation fuel production facilities, and more.

article thumbnail

How to Save Big on a Tesla with Colorado’s New EV Tax Credit

EV Life

Electric vehicles are becoming more and more common on the roads across the country. 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.

article thumbnail

PCAST suggests 6 key components for climate change strategy to President Obama; adaptation and mitigation

Green Car Congress

The President’s Council of Advisors on Science and Technology (PCAST) released a letter to President Obama describing six key components the advisory group believes should be central to the Administration’s strategy for addressing climate change. Improving coordination and support for research efforts on climate change preparedness.

article thumbnail

US climate bill could short-circuit EV tax credits, making qualifying for them nearly impossible

The Driven EV News

US climate and energy has a catch that could make it difficult for most EVs to qualify. The post US climate bill could short-circuit EV tax credits, making qualifying for them nearly impossible appeared first on The Driven.

article thumbnail

EV Life is awarded CalSEED grant from the California Energy Commission to make financing electric cars cheaper than gas vehicles.

EV Life

Since then, the company has developed a suite of EV shopping tools on its web platform to give car buyers everything they need to confidently switch from driving a gas vehicle to an electric car. This new CalSEED grant will fund the development of an EV Climate Loan platform.

article thumbnail

Feature: Bridging the EV Affordability Gap

Clean Fleet Report

The number of plug-in electric cars nearly doubled from 40 to more than 70 vehicles this year, including attractive SUV crossovers in the $40,000 range like the Ford Mustang Mach-E and the Volkswagen ID4. Rebates & Tax Credits Don’t Help Most Americans. Climate Loans Have Some Limitations.

article thumbnail

Australia unveiled its new EV policy

Electric Vehicles India

Last week in COP26 (26th United Nations Climate Change Conference 2021) Australia had signed a global agreement to make electric vehicles the “new normal” by 2030. One in three cars being electric vehicles hardly meets this goal. million electric cars on Australian roads.