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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

Colorado Colorado offers a state tax credit of up to $4,000 for the purchase or lease of a new electric vehicle. This credit is available for both new and used EVs and applies to both residents and businesses. This exemption can save buyers thousands of dollars upfront.

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Top 10 states offering EV incentives

Plug in America

New Jersey. New Jersey residents may receive up to $5,000 toward the purchase or lease of a new EV. The reinstated Charge Up New Jersey incentive is a “point-of-sale” rebate applied during the purchase or leasing process at dealerships. . California. Washington. Conditions and limitations apply.

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Canada and California to work together on cleaner transportation

Green Car Congress

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. In the 2019 budget, the Government of Canada announced rebates of up to $5,000 for consumers on the purchase of zero-emission vehicles.

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Rivian (RIVN) adds R1S SUV to lease program and expands to additional states

Baua Electric

That brings the total to 16 states in all.

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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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Junkyard Find: 1986 Subaru BRAT GL

The Truth About Cars

This made it a sales hit in snowy, mountainous Colorado. In order to evade the 25 percent Chicken Tax on imported light trucks, Subaru installed carpeting and jump seats in the beds of 1978-1985 BRATs sold here. It appears that this truck began its career in Bristol, Pennsylvania, just across the Delaware River from New Jersey.