EV Life

MAY 5, 2023

Federal EV Tax Credit To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car. However, there additional restrictions were added along with new tax credit funding.

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Green Car Congress

FEBRUARY 10, 2015

Volkswagen of America will invest $10 million by 2016 to support the build-out of electric vehicle charging infrastructure in the US, said Jörg Sommer, vice president, product marketing and strategy. Volkswagen will also invest to support installation of charging stations in certain dealer locations. Earlier post.) —Jörg Sommer.

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Plug in America

DECEMBER 22, 2020

Remarkably, even electric cars came up in the debates, with Biden’s repeated commitment to build 500,000 charging stations. It’s not that EVs aren’t intrinsically better than gas cars, it’s simply that good policies help to accelerate the transition. Despite this, U.S. We expect to have another bite at that apple early in 2021.).

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Green Car Congress

FEBRUARY 4, 2011

A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the auto industry, federal government, the scientific community, and consumers—to be realized. —John D.

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Clean Fleet Report

APRIL 25, 2022

Subaru’s All-New, All-Electric Compact SUV. The all-new, all-electric 2023 Solterra compact SUV is a major step for Subaru, one that will be a welcome addition for its loyal owners. The StarDrive all-electric drivetrain knows the opportune time to engage the front and rear motors, making for an assuring off-road driving experience.

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All-Electric SUV Clean Cleaning 87

EV Life

MARCH 7, 2023

GM has been one of the pioneers of electric vehicles, introducing the General Motors EV1 back in 1996 and the groundbreaking Chevy Volt in 2010. What’s more, the Bolt EV is eligible for a variety of federal and state tax credits, rebates, and incentives that can potentially bring the price down to zero for qualifying drivers.

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Tax Credit Tax Financing Purchase 52

Clean Fleet Report

JUNE 16, 2021

Oh, and could you get used to 32 miles of all-electric driving and 30+ mph when in hybrid mode? The plug means the 2021 Pacifica has a 32-mile all-electric driving range, which for most people is far more than they will drive in their daily routine. liter V6 and two electric motors mated to an electrically variable transmission.

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Chrysler Plug-in Hybrid Plug 93

Green Car Congress

APRIL 22, 2015

Vehicle cost, current battery technology, and inadequate consumer knowledge are some of the barriers preventing widespread adoption of plug-in electric vehicles, according to a new congressionally mandated report from the National Research Council. Four Classes of Plug-in Electric Vehicles. 2014 Ford Focus Electric (76 mi/141 km).

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EV Adoption

AUGUST 4, 2022

Additionally, the IRA could actually receive enough votes to pass, but not without potentially several significant changes — including to some of the EV tax credit requirements. This means EVs like the Mustang Mach-E which is assembled in Mexico, and the Chrysler Pacifica Hybrid (PHEV) which is assembled in Canada, would qualify.

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Tax Credit Tax North America America 98

Revenge of the Electric Car

JULY 14, 2009

This is before the $7,500 federal tax credit. It’s interesting to speculate regarding the relative market share of the EV in relation to the PHEV. It’ll be mostly driven by the cost of gas. CEO Carlos Ghosn is spending big money to make electric vehicles in high volumes — and soon.

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Cars That Think

DECEMBER 18, 2022

The Administration is undertaking multiple actions to place the United States on what it calls an “ irreversible path ” to achieve a 50-52 percent reduction in greenhouse gas emissions by 2030 from a 2005 baseline, and then to achieve net-zero emissions by 2050. This is to try to meet the Paris Agreement of limiting global warming to 1.5

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EV Adoption

NOVEMBER 26, 2021

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.

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Tax Credit Tax F-150 PHEV 116

Charged EVs

SEPTEMBER 22, 2022

The provision that’s gotten the most press is a redesign of the federal EV tax credit—that’s only natural, because it’s the policy that’s most likely to directly affect the average consumer, and because politicians love to talk about tax breaks. Credit where credit is due.

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