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Tesla Model 3 Highland leases qualify for IRA tax credit loophole

Teslarati

Tesla Model 3 Highland leases are more affordable thanks to a loophole in the Inflation Reduction Act about commercial vehicles. Tesla models eligible for IRA tax credits in 2024 The loophole lies in the IRA’s tax credit qualifications for commercial vehicles.

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Blink’s 2023 Year in Review

Blink Charging

We signed agreements to bring Level 2 charging to Arcos Dorados’s McDonalds franchises in Puerto Rico and to bring DC fast charging to Royal Farms convenience stores in the Mid-Atlantic. Like the tax credit for new EVs, the used EV tax credit included an AGI cap and must be sold by a licensed dealer.

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Where to Start with EV Charging for Convenience Stores & Truck Stops

Blink Charging

National Electric Vehicle Infrastructure (NEVI) Program The NEVI program makes funding available to all 50 states, Washington DC, and Puerto Rico for EV charging projects along AFCs. Let’s look at some of the available funding for businesses. Any projects funded via CFI must meet the EV Charging Minimum Standards Rule.

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Three Major Sources of Funding for EV Charging at Convenience Stores and Truck Stops

Blink Charging

National Electric Vehicle Infrastructure (NEVI) Program Each of the 50 states, Washington, DC, and Puerto Rico was allocated funds to distribute to eligible businesses. The initial tax credit will provide a per-station base credit of 6% up to $100,000, up to 30% for businesses that meet prevailing wage and apprenticeship requirements.

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