EV Connect
AUGUST 2, 2021
And thanks to a variety of tax credits and incentive programs, the barrier to entry may be lower than you think. On the federal, state and local levels, there are a plethora of tax credits for installing electric-vehicle charging stations. They include incentives for installing EV charging stations.
Baua Electric
MAY 16, 2024
And it also included a very attractive price – one which was actually cheaper than the lower-spec Long Range Model 3 after taking tax credits into account, since the Performance qualifies for the US EV tax credit and the Long Range model doe snot. FTC: We use income earning auto affiliate links.
Blink Charging
DECEMBER 19, 2023
There were also two new EV tax credits that began in 2023 : the Used Clean Vehicle Credit, worth 30% of the purchase price up to $4,000, and the Commercial Clean Vehicle Credit, which is worth 30% of the total cost of the vehicle, up to $7,500 for light-duty vehicles under 14,000 pounds and $40,000 for all other EVs.
Green Car Congress
FEBRUARY 11, 2023
Together, these components amount to nearly 80% of the materials cost of a lithium-ion battery. The project allows battery and automotive manufacturers to meet the new stringent critical mineral and battery component requirements for consumers to qualify for electric vehicle tax credits as established by the “Inflation Reduction Act”.
EV Life
JUNE 8, 2023
The Model Y qualifies for the full $7,500 federal EV tax credit. At the moment, the Mach-E only qualifies for half of the federal EV tax credit, providing eligible drivers a credit of up to $3,750. The Chevy Bolt EUV also qualifies for the full $7,500 federal EV tax credit. The other upside?
EV Adoption
MARCH 3, 2021
This past week was certainly quite a whirlwind of EV news and developments from Volvo’s plans to end production of ICE vehicles by 2030, yet another proposal to reform the federal EV tax credit, chip shortages, Washington state’s plans to ban ICE vehicles by 2030, Lucid Air delay, Fisker to partner with Foxconn, and much, much more.
EV Life
AUGUST 17, 2023
4 to its plant in Chattanooga, Tennessee, which allowed the popular SUV to join the ranks of EVs that qualify for the $7,500 federal tax credit. 4 trims are eligible for a federal tax credit of up to $7,500 and many state and local incentives. 4Version Price Range Federal EVTax Credit State/Local Incentives Volkswagen ID.4Standard
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