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TN will triple its dumb EV tax for inflation, but its gas tax lags inflation by ~5x

Baua Electric

Photo by Ron Cogswell on Flickr Tennessee has started the process of hiking its EV registration fee from $100 to $274 per year and beyond, aiming to continue hiking the fees in perpetuity, further increasing the disproportionately high taxes paid by EVs in the state as compared to gas cars. cent special petroleum fee “).

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Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

Green Car Congress

Researchers at Argonne National Laboratory, with colleagues from Lawrence Berkeley, Oak Ridge, and National Renewable Energy labs, and the University of Tennessee, have published a comprehensive analysis of the total cost of ownership (TCO) for 12 sizes of vehicles ranging from compact sedans up to Class 8 tractors with sleeper cabs.

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Volkswagen ID.4 becomes Top 3 most affordable U.S. EV, but there’s a catch

Teslarati

4 manufacturing to their Chattanooga, Tennessee plant and accompanying performance cuts to the vehicle. The vehicle will now have a starting price of $37,495 instead of $39,995 and, with federal tax credits, will be just under a $30,000 vehicle at the base model. Comparison of EV SUV starting prices Q3 2022 (Credit: Teslarati).

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Electric vehicles are inflation relief

Electric Auto Association

Comparison vehicle based on size and price: VW GTI S DATA: MSRP for both vehicles is $25,600 (before incentives and resale value). In addition, EVs have far lower maintenance costs and incentive programs via tax credits, meaning that they are even less expensive to own in the long run. gal would be $12,785.

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Road Test: 2024 Nissan Leaf SV Plus EV

Clean Fleet Report

Contact your tax advisor before considering a Leaf purchase so you are completely clear on the tax credits and rebates. Observations: 2024 Nissan Leaf SV Plus The base 2024 Leaf SV Plus coming in at under $30,000 (after available tax credits or rebates) is one of the best electric vehicle bargains on the market.

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For fleet consumers, Ford Professional FinSimple is ‘one-stop store’

Baua Electric

For a trade, we want a tax go back, their steadiness sheet, vault account knowledge. What kind of efficiencies does Ford Professional FinSimple lend in comparison with how the method worn to be? We introduced within the first quarter in Illinois and next we rolled out to Arizona and Tennessee in the second one quarter.

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable. More on this below.