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

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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. But that’s not the only federal tax credit for buying an EV.

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REE begins customer deliveries of electric truck – Charged EVs

Baua Electric

REE’s P7-C medium-duty electric commercial truck is a fully steer-by-wire, brake-by-wire and drive-by-wire vehicle. REE has initiated customer deliveries of the first batch of P7-C demonstration trucks for multiple fleet evaluations in North America via its dealer network.

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What EV Drivers Should Know About Leasing an EV This Year

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Although the $7,500 consumer tax credit for buying an electric car is becoming more restrictive for new vehicles adhering to specific manufacturing requirements , there’s a provision enabling consumers to still enjoy the credit when leasing an EV assembled outside of North America.

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REE’s P7-C electric truck receives CARB credits, eligible for over $100k in incentives

Baua Electric

Today’s news confirms expected results from REE Automotive ($REE) as its “x by wire” P7-C EV continues its journey toward scaled commercial deployment. A mere two years ago at CES, the EV startup first introduced its modular P7 platform , designed with fleets in mind – particularly delivery operators in the US.

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Lease Buyout Offers Loophole to EV Incentive Restrictions

EV Life

The most significant incentive, outlined in the Inflation Reduction Act of 2022 , comes in the form of a $7,500 tax credit for eligible drivers and vehicles. As with most government incentive programs, there are a lot of rules and restrictions regarding who qualifies for the credit. However, there’s a catch.

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Mullen Automotive scores $150 million in new capital, will put Bollinger B4 into production – Charged EVs

Baua Electric

Mullen’s THREE and ONE commercial delivery vehicles are in production and available for delivery now. The trucks are also eligible for federal EV tax credits of up to $7,500. The company expanded its commercial dealer network with the addition of Pritchard EV and National Auto Fleet Group.

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REE’s P7-C becomes first ‘x-by-wire’ EV certified in US, may qualify for up to $100k in incentives

Baua Electric

It was two years ago at CES 2022 when the EV startup first introduced its modular P7 platform , designed with fleets in mind – particularly delivery operators in the US. REE now looks to its dealership network to get its P7 platform out in front of fleet customers in the US, beginning with the P7-C. REE Automotive, Inc.’s