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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

The first evidence can be seen in consumer interest in the Ford Mustang Mach-E and the Tesla Model Y following the reclassification of both vehicles as SUVs, which made them eligible for a $7,500 federal tax credit under the Inflation Reduction Act. Additionally, both manufacturers recently announced significant price cuts on both models.

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Boost Your Savings: Best US States for Electric Vehicle Incentives

Setec Powerr

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. Colorado Colorado offers a state tax credit of up to $4,000 for the purchase or lease of a new electric vehicle.

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Top 10 states offering EV incentives

Plug in America

Various states across the United States offer electric vehicle (EV) purchase incentives to help accelerate the adoption of zero-emission vehicles. New Jersey. New Jersey residents may receive up to $5,000 toward the purchase or lease of a new EV. Find out if your state is on the list! . California.

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Where is Blink Charging a Verified State Vendor?

Blink Charging

We have been certified as EVSE vendors and designated as official suppliers for governments and related agencies in the following states: Colorado The State of Colorado awarded Blink Contract 176608 for the purchase of electric vehicle charging stations by the state government from 2022 to 2024.

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Canada and California to work together on cleaner transportation

Green Car Congress

In the 2019 budget, the Government of Canada announced rebates of up to $5,000 for consumers on the purchase of zero-emission vehicles. Businesses that buy zero-emission vehicles are also now eligible for a tax benefit estimated to be worth around $13,000 in the year they purchase the vehicles.

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Mullen’s electric trucks earn CARB certification, qualifying for over $45k in customer savings

Baua Electric

As a result, those CARB-compliant states and Washington DC enable tremendous savings to fleet operators who purchase electric trucks from Mullen. Mullen also points out that combined with the $7,500 federal tax credit , commercial customers can purchase a new THREE electric truck at a net cost below $20,000.

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PGE and SunRun Create $100M Home Solar Financing Fund

Green Car Congress

a provider of home solar financing, announced a $100-million tax equity project financing agreement to fund SunRun’s installation of more than 3,500 new home solar installations across the nation. SunRun offers home solar power without high upfront costs through power purchase agreements (PPAs) and solar leases.

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