Remove Cost Of Remove Miles Remove Tax Remove Washington
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EPA confirms 250-mile range for Volkswagen ID.4 Pro and 1st Edition electric SUV

Green Car Congress

4 electric SUV 1st Edition and Pro models officially have an EPA-estimated 250 miles of range on a single charge. According to the EPA’s calculations, based on an electricity cost of 13 cents per kilowatt-hour, the ID.4 4 has estimated an annual fuel cost of $700. The Volkswagen 2021 ID.4 4 1st Edition and ID.4 The 2021 ID.4

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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.

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UMTRI study finds US diesel vehicles generally have lower total cost of ownership than gasoline vehicles

Green Car Congress

Diesel vehicles generally saved owners between $2,000 to $6,000 in total ownership costs during a three to five year period when compared to similar gasoline vehicles, according to data compiled by the University of Michigan Transportation Research Institute (UMTRI). —“Total Cost of Ownership”. Fuel Costs. Fuel Efficiency.

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GM’s Maven and Uber to pilot flexible car-sharing offer

Green Car Congress

Insurance coverage is included in the cost of every lease for a weekly price of $179 plus taxes and fees. In nine months, Maven has grown to nine markets: Ann Arbor, Michigan, Baltimore, Boston, Chicago, Detroit, Los Angeles, New York City, San Francisco, and Washington, D.C., with more on the way.

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Nine EVs that lease for under $400/month: Ioniq 5, Solterra, Niro, Ioniq 6, more

Baua Electric

Hyundai IONIQ 5 (left) and IONIQ 6 (right) at Tesla Supercharger (Source: Hyundai) There’s a loophole in the stricter IRA federal tax credit that only applies $3750 rebates on North American-built cars and separately $3750 on domestic batteries. Two of those EV models have a range of over 300 miles.

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Autonomy debuts EV subscription service in Austin, TX

Teslarati

Autonomy debuted its electric vehicle subscription service in Austin, Texas, following its successful launch in California earlier in 2022 and its recent expansion into Florida and Washington. ” Scott noted that one could drive the same amount of miles for around one-eighth the price.

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Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Green Car Congress

The key to obtaining significant reductions in transportation-related GHG emissions is to increase the cost of driving. The economy-wide CO 2 prices applied increase the cost of driving only marginally with respect to the business-as-usual case. —Morrow et al. Adoption of all of the preceding policies.