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General Motors sidesteps loss of EV tax credit to offer big discounts for customers

Teslarati

General Motors is sidestepping the loss of the electric vehicle tax credit on its vehicles and will still offer a big $7,500 discount on cars for customers. The Lyriq and Blazer EV will likely regain eligibility sometime early this year as GM plans to switch up sourcing so customers can take advantage of the tax credit.

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Exploring the adoption of EVs in the US, Europe and China; charging scenarios and infrastructure

Green Car Congress

Furthest along with electricity market deregulation, the US can serve as a model for how to design market rules to reduce the cost of integrating EVs on the grid. In the short run, preserve the implicit road tax exemption for EV owners by minimizing road use EV surcharges. Promote alternatives to high capacity public DC charging.

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Upcoming Changes to the Clean Vehicle Tax Credit Explained

Blink Charging

To encourage clean and energy-efficient vehicle adoption, the United States government has made significant changes to the Clean Vehicle tax credit, to take effect from January 1, 2024. These changes make it easier for drivers to access tax credits when purchasing clean vehicles. What Is the Clean Vehicle Tax Credit?

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PNNL study outlines requirements for grid storage, reviews four electrochemical energy storage systems: vanadium redox flow, Na-beta, Li-ion and lead-carbon

Green Car Congress

In addition to outlining requirements for ESS and general guidelines for investigating technologies, the paper by Yang et al., To be successful, systems will need to evolve—in some cases, considerably—to compete financially with the cost of natural gas production. In their study, Yang et al. —Yang et al.

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The EV Tax Credit: Buy Now or Wait Until 2024?

EV Life

The Treasury Department just released new guidance that will enable consumers to use their $7500 EV tax credits more like an upfront rebate starting in January 2024. However, new vehicle requirements are also taking effect that raise questions about which vehicles will still qualify for tax credits in the new year.

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$2500 rebates for EV smart chargers launches this month! But guess what? Yep, there are conditions…

EV Central

Government announces scheme to slash the cost of buying new and used electric vehicles. The guidelines for that part of the program are yet to be announced. READ MORE: Cheaper EVs! But there are conditions READ MORE: Plug pulled!

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How Much is a Tesla? Much Less, After These Tax Credits and Rebates

EV Life

The reason for the price changes is due to several factors, including shifts in demand and changes to federal rules regarding which electric vehicles qualify for tax credits. In January, the manufacturer announced price cuts to its lower-cost EVs, ranging from $3,000 to $13,000, up to 20% off the sticker price, depending on the model.