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Inflation Reduction Act mandates escalating battery critical mineral requirements to qualify for EV tax credit

Green Car Congress

The Inflation Reduction Act , which the Senate passed last week, revamps the electric vehicle Federal tax credit of $7,500 ( earlier post ). Among the changes are an extension of the tax credit through 2032, the removal of the unit-sales cap of 200,000 per OEM, and a new mandate for qualified cars being assembled in North America.

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Fisker introduces Alaska pickup truck, Ocean with Force E off-road package; 11 Ocean deliveries in Q2

Green Car Congress

In addition to the 1,000-plus-horsepower Fisker Ronin grand-touring four-door convertible ( earlier post ) and the Fisker PEAR sustainable city EV ( earlier post ), Chairman and CEO Henrik presided over reveals of the Fisker Ocean SUV with a Force-E offroad package and the Fisker Alaska all-electric pickup truck.

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Nikola marks 100-salesorder milestone for Nikola Tre Hydrogen FCEV Class 8 truck; bolstered by HVIP

Green Car Congress

The California Air Resources Board (CARB) Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) program, played a significant role in securing many of the 100 sale orders that are expected to convert to purchase orders following the satisfactory completion of the demonstration programs.

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2020 Audi A8 TFSI e plug-in hybrid carries starting price of $94,000

Green Car Congress

Audi anticipates that customers purchasing the 2020 Audi A8 TFSI e will be eligible for a federal tax credit of up to $6,795. liter, turbocharged V6 engine paired with an electric motor integrated into the torque converter of the eight-speed automatic transmission. Additional state incentives may also be available.

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Ford to boost production capacity of electric F-150 Lightning to 150,000 per year; ability to produce 600K BEVs annually within 24 months

Green Car Congress

Those who don’t receive invitations to convert for the 2022 model year will have an opportunity to order a future model year vehicle in due course. Production of the 2022 F-150 Lightning pickup will begin this spring at a starting MSRP of $39,9741 before potential federal tax incentives.

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How Corporations Can Help the U.S. Reach its EV Goals

Clean Fleet Report

The City of Easthampton, Massachusetts announced in April that it is transitioning its city-owned vehicle fleet from gas to electric, and will be the first city to offer an EV adoption benefit to employees who convert. And large corporations like Amazon aren’t the only ones currently converting their fleets from gas to electric.

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Top 10 states offering EV incentives

Plug in America

Various states across the United States offer electric vehicle (EV) purchase incentives to help accelerate the adoption of zero-emission vehicles. New Jersey residents may receive up to $5,000 toward the purchase or lease of a new EV. Additionally, EVs sold, rented, or leased in New Jersey are exempt from state sales and use tax. .