Remove Congress Remove Definition Remove Purchase Remove Tax Credit
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Proposed Changes to Federal EV Tax Credit – Part 5: Making the Credit Refundable

EV Adoption

One of the biggest complaints about the federal electric vehicle (EV) tax credit (IRC 30D) is that its structure of using a non-refundable tax credit is clearly more beneficial to higher-income households. How the Current Tax Credit Works For EV Buyers.

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EV tax credit score rules will have to be adopted, Manchin tells Treasury

Baua Electric

“My comment is simple: Follow the law,” he wrote in an 11-page letter to Treasury, explaining that the tax credit score’s objective is “no longer to promote the purchase and use of [EVs] … but to promote reliable domestic supply chains for the critical minerals and battery components” had to energy them.

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J.D. Power: First-time owners find switching to EVs highly satisfactory

Green Car Congress

We know from our research that many consumers have concerns during the purchase consideration process with aspects like battery range and vehicle charging. However, once someone has purchased a BEV, they’re pretty much hooked. More than half (62%) of these owners say they “definitely will” repurchase from the same brand.

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Nissan and Hawaii Partner on EVs

Green Car Congress

The partnership, which was announced at the Asia Pacific Clean Energy Summit and Expo in Honolulu, marks Nissan’s first definitive agreement in the United States, the company said. The Nissan LEAF EV will be available in Hawaii beginning in January 2011.

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J.D. Power sees hybrid and EV share below 10% of US market through 2016 despite rising fuel prices

Green Car Congress

Percentages for overall consideration of alternative powertrains (definitely would / probably would). The study gauges consumer consideration rates of these powertrain types for their next new vehicle purchase and explores specific perceived benefits and concerns that factor into the decision-making process. Click to enlarge.

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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

Green Car Congress

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. Certain zero-emission commercial vehicles are eligible for CVRP rebates up to $20,000.

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Senators Kerry and Lieberman Release Details of Energy and Climate Bill; Incentives for Electric Drive and Natural Gas Vehicles

Green Car Congress

The bill prohibits covered entities from emitting or having attributable greenhouse gases in excess of their allowable emissions level, which is determined by the number of emission allowances and offset credits they hold on the specified date. Monetary and injunctive penalties are associated with non-compliance. Blocking Market Manipulation.