article thumbnail

Cut the Electricity Tax, not the Gas Tax

Energy Institute at HAAS

You may have heard the growing talk in Washington DC and state capitals of temporarily suspending federal and … Continue Reading Cut the Electricity Tax, not the Gas Tax. A more effective way to help struggling families, without undermining climate goals.

Tax 122
article thumbnail

IRS invites consumers to comment on EV tax credit qualifications

Teslarati

The Internal Revenue Service (IRS) is inviting consumers to share comments on the electric vehicle tax credit qualifications. For those wanting to mail in comments, comments should be addressed to Andres Garcia, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224. Credit: IRS.

article thumbnail

US COVID-19 mitigation efforts resulting in significant decline in traffic, emissions and fuel-tax revenues

Green Car Congress

Nearby Washington DC saw the greatest drop of 90% fewer daily vehicle miles traveled. Fuel saved, tax revenue lost. It also resulted in fuel-tax revenue reductions, which vary by state. State-level relationship between reduction in VMT (%) and the number of cases per 100,000 people.(UC UC Davis Road Ecology Center).

Fuel Tax 243
article thumbnail

EPA confirms 249-mile range for Volkswagen ID.4 AWD Pro electric SUV

Green Car Congress

At a public DC fast-charging station, with 125 kW charging, the ID.4 4 owners receive three years of unlimited charging at Electrify America DC Fast Chargers at no additional cost. 4 AWD Pro has a starting MSRP of $43,675, before a potential Federal tax credit of up to $7,500. The AWD ID.4 The 2021 ID.4

EPA 418
article thumbnail

Is A Tax On Electricity (kWh) Consumed The Best Way to Supplement the Fuel Tax for Electric Vehicles?

EV Adoption

As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fuel taxes as drivers of gas-powered cars do at gas stations. Unfortunately there is currently no simple and agreed upon best replacement for the fuel tax.

article thumbnail

2024 Honda Prologue electric SUV starts under $40,000 with full EV tax credit eligibility

Baua Electric

The 2024 Honda Prologue, the brand’s first all-electric SUV, qualifies for the full $7,500 EV tax credit. 2024 Honda Prologue eligible for full $7,500 EV tax credit After kicking off production last month, Honda’s first fully electric SUV will begin hitting dealerships any day. FTC: We use income earning auto affiliate links.

article thumbnail

Lunaz to begin production of electric classic Range Rovers; prices begin at £245,000 excluding local taxes

Green Car Congress

Prices for classic electric Range Rovers by Lunaz start at £245,000 (US$329,000) excluding local taxes. The company, based in Silverstone, England will create an initial run of 50 of the luxury SUVs built in the ‘classic era’ between 1970 and 1994. Even imperceptible body defects are addressed by hand before the surface finish process begins.

Tax 286