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How Do the Electric Vehicle Tax Credits Work?

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Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. It does not act as a rebate (until 2024).

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Why Fleet Owners Are Electrifying Their Vehicles This Year

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The best time to transition your business vehicle fleet from internal combustion engine (ICE) vehicles to electric vehicles (EV) is now. Thanks to new tax credits for EVs and EV charging stations as well as lower fuel and maintenance costs for EVs, fleet managers can now save money while setting an example for other organizations.

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Chevrolet Volt MSRP Starts at $41,000, $33,500 Net of Full Federal Credit; 3-year Lease Program with Option to Buy

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GM will introduce the Chevrolet Volt extended range electric vehicle with a starting MSRP of $41,000; after applying the Federal income tax credit of $7,500, the price drops to $33,500. The Volt has a total driving range of about 340 miles (547 km) and is powered by electricity at all times.

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How EV Charging Boosts Your Workplace Benefits Package

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As electric vehicles (EVs) become more mainstream, more workplaces are starting to provide charging options for their employees. Electric vehicles support your corporate sustainability When employees say that they want their employer to have a sustainability plan, they’re serious.

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How EV Charging Boosts Your Workplace Benefits Package

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As electric vehicles (EVs) become more mainstream, more workplaces are starting to provide charging options for their employees. Electric vehicles support your corporate sustainability When employees say that they want their employer to have a sustainability plan, they’re serious.

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Report finds says “negative emissions technologies” need to play a large role in mitigating climate change

Green Car Congress

To achieve goals for climate and economic growth, “negative emissions technologies” (NETs) that remove and sequester carbon dioxide from the air will need to play a significant role in mitigating climate change, according to a new report from the National Academies of Sciences, Engineering, and Medicine.

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5 Ways Owning an EV Can Save You Money

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For the time being, some electric vehicles (EVs) are more expensive to buy than their internal combustion engine (ICE) counterparts. Of course, you still have to purchase the vehicle, but the federal government will give you a tax credit of up to $7,500 if you and the vehicle both qualify for it. per gallon.