Remove Connecticut Remove PHEV Remove Purchase Remove Tax
article thumbnail

Connecticut providing up to $3K cash rebate for buyers of BEVs, FCEVs, and PHEVs while funding lasts

Green Car Congress

Connecticut Governor Dannel P. Malloy announced the Connecticut Hydrogen and Electric Automobile Purchase Rebate Program (CHEAPR). Under this new initiative, a cash rebate of up to $3,000 is now available for Connecticut residents, businesses, and municipalities who purchase or lease an eligible electric vehicle (EV).

article thumbnail

EIA: California home to almost half of US plug-in electric vehicles

Green Car Congress

Several states offer tax incentives to reduce the upfront cost of PEVs to consumers. These incentives are in addition to a federal (nationwide) tax credit, which ranges from $2,500 to $7,500 depending on battery capacity and gross vehicle weight. sales and use tax. sales and use tax.

Plug-in 381
article thumbnail

The US’ EV incentives are being updated: Here’s some useful tips

Teslarati

Some of the most significant incentives exist or will exist, in Colorado, Connecticut, Illinois, Delaware, and Maryland. Connecticut will offer buyers incentives for fully electric vehicles, plug-in hybrid electric vehicles, or hydrogen fuel cell vehicles. For a new full EV, buyers are eligible for $2,500 or for PHEVs; $1,000.

article thumbnail

EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car.

article thumbnail

California ARB mods to ZEV regulations for IVMs would result in ~1.9% drop in total ZEV/TZEV units 2018-2025; no impact on air quality requirements

Green Car Congress

Europe has gasoline taxes over $4 per gallon and still finds the need to adopt aggressive performance standards for cars to reduce GHGs and oil use. LVMs also received extended service credit for allowing consumers to either extend a lease or exercise a purchase option at the end of a lease. Section 177 pooling (the ZEV states).

2018 257
article thumbnail

Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

Connecticut Green Bank. It will also list current tax credits and incentives applicable to EV charging. The Office of Federal Sustainability will partner with government and agency fleet purchasers to coordinate and aggregate the purchasing of EV fleets, with distinct acquisition procurement strategies to be determined.

Obama 150
article thumbnail

Gas War: U.S. House Suggests Ending California Emissions Authority, White House Says Nope

The Truth About Cars

Those who want an electric vehicle and can afford it have every right to purchase one. People shouldn't be compelled to purchase them. The rules mandate that 35 percent of the new cars sold be plug-in hybrid electric (PHEV), EVs or hydrogen fuel cell by 2026. said Congressman LaMalfa.