The Truth About Cars

NOVEMBER 1, 2023

Despite growing in number and popularity, EVs are still too expensive, and most are significantly pricier than comparable gas models. Even with government tax credits and other incentives, electric models are out of reach for many buyers, and the seemingly constant pricing fluctuations aren’t helping.

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Tax Credit Tax Price Chevrolet 95

EV Adoption

JUNE 21, 2022

One of the top hurdles to EV adoption in the US is the often touted issue that EVs simply cost more than similar gas-powered vehicles. Nine of these EVs have a base MSRP of less than $35,000 and another nine would have a net effective price below $30,000 when factoring in the applicable federal EV tax credit. Source: Hyundai.com.

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Available Tax Credit Tax Dealers 98

Teslarati

JANUARY 8, 2024

Sticker prices on electric vehicles (EVs) continued to trend downward in 2023 toward price parity with gas cars, as led by price cuts from market leader Tesla. Credit: Cox Automotive IRA EV tax credits winning over more auto dealers in 2024 What are your thoughts?

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Price Market Tesla Tax Credit 126

Teslarati

OCTOBER 23, 2023

The state of Texas is now offering rebates on select electric vehicle (EV) purchases including some Tesla models, as made available through a limited-time grant program. Earlier this year, the state’s legislature also proposed and passed an EV tax , making EV owners pay extra fees to help fund road maintenance.

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EV Connect

FEBRUARY 8, 2024

Leading auto dealers see that the near-term trend is electric and are adopting their businesses to sell more EVs. According to data from iseecars.com, Non-Tesla new car dealers selling electric vehicles in the U.S. Like GM, dealers that make the move today are setting themselves up to remain competitive moving forward.

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Charging Dealers Cars Tax Credit 87

Green Car Congress

OCTOBER 11, 2013

Initial sales of the 2014 Cadillac ELR extended range electric luxury coupe ( earlier post ) will begin in January in all major US metropolitan areas. The 2014 ELR has a starting price of $75,995, including a $995 destination charge but excluding tax, title, license and dealer fees. gasoline-powered electric generator.

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Cadillac Tax Credit Price Sale 353

Green Car Congress

APRIL 14, 2015

Depending on an individual’s tax situation, the Spark EV ( earlier post ) is eligible for federal tax credit up to $7,500. California and Maryland Spark EV owners may also qualify for a $2,500 California state rebate or $2,300 Maryland excise tax exemption. Electric (Battery)'

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Chevrolet Maryland Tax Credit Price 150

Green Car Congress

NOVEMBER 20, 2018

New York State announced a series of broad-scale initiatives to encourage the purchase and to increase the convenience and accessibility of electric vehicles (EV). initiative, which encourages electric car adoption as it brings the state closer to its goal of installing at least 10,000 charging stations by the end of 2021.

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New York Tax Credit F-150 Clean 354

Baua Electric

FEBRUARY 25, 2024

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. For whatever reason, all EVs get the full $7500 applied to leases, however.

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Hyundai Dealers Los Angeles Tax 52

Baua Electric

MARCH 25, 2024

Since then, we’ve seen REE unveil two all-electric variants – a novel Class 3 box truck called the P7-B and an additional chassis cab called the P7-C (seen above). The post REE’s P7-C electric truck receives CARB credits, eligible for over $100k in incentives appeared first on Bauaelectric Auto News.

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Tax Credit California Dealers Fleet 52

Green Car Congress

JUNE 27, 2019

The Memorandum of Understanding commits both governments to work together on developing their respective regulations to cut greenhouse gas emissions from light-duty vehicles, such as those currently in effect in Canada, California and the 13 US states that have adopted California’s standards.

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Canada Cleaner California Transportation 255

Green Car Congress

MARCH 7, 2012

The President also announced a new research Clean Energy Grand Challenge—EV Everywhere—to make electric-powered vehicles as affordable and convenient as gasoline-powered vehicles for the average American family within a decade. Tax credits. National Community Deployment Challenge.

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Alternative Fuels Obama Purchase Tax Credit 240

The Truth About Cars

NOVEMBER 21, 2023

Ford has said it will restart construction on the electric vehicle battery facility it’s building in Marshall, Michigan, after pausing work when the UAW strike kicked off a couple months ago. From Ford: While we remain bullish on our long-term strategy for electric vehicles, we are re-timing and resizing some investments.

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Michigan Ford Batteries Battery 79

Green Car Congress

AUGUST 9, 2013

Cuomo announced a $19-million New York Truck Voucher Incentive Program to encourage the purchase of battery-electric commercial trucks as well as other energy-efficient transportation, including hybrid and CNG (compressed natural gas) trucks. Boulder Electric Vehicle, Electric Vehicles International and Smith Electric Vehicles. $6

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New York New York City Gas-Electric Fuel 270

Blink Charging

SEPTEMBER 22, 2023

Electric vehicle (EV) sales continue to skyrocket, with over 2.3 The United States government is making the switch from internal combustion engine (ICE) vehicles to EVs even easier for drivers, with comprehensive tax incentives for personal electric vehicles and even tax breaks for used and commercial EVs.

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Charging Installation All-Electric Tax 99

Baua Electric

APRIL 23, 2024

Toyota is now leasing its one all-electric car, the bZ4X, for just $129/mo and $2k down. Toyota has been dipping its toe into the EV water, mostly focusing on hybrids rather than electric cars. As a result, Toyota has resorted to deep discounts on its electric crossover, making it one of the cheapest cars you can lease right now.

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Toyota Cheap Dealers Tax Credit 52

Electric Auto Association

JULY 5, 2022

Charging ahead in other areas, too EVOLVE KY members are standing up for driving electric in other notable ways. At the capitol in Frankfort, they hope to convince lawmakers to either eliminate Level 2 chargers from the tax requirement or at least to allow providers to estimate the usage (similar to how wait staff estimate tip revenue).

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Kentucky Charging F-150 Tax 64

Baua Electric

JANUARY 6, 2024

Which EVs made the tax-credit shortlist in 2024? 2024 Rivian R1S A preliminary list of 2024 EVs qualifying for the tax credit was released early this week by the EPA, and as expected there are very few models qualified for the full $7,500 amount. The plan will include up to 50 dealers in the U.S. Which company faced a $1.7

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Fisker Kia BYD Tax Credit 52

Electric Vehicles India

SEPTEMBER 28, 2021

KSRTC allows transportation of electric scooters & bicycles, reduces ticket charges . The passengers can carry electric bikes and scooters and bicycles in Kerala State Road Transport Corporation (KSRTC) buses. The newly registered private EVs will get a tax refund. 50% reduction in motor vehicle tax . A subsidy of ?25,000

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Transportation Charging Tax Corporation 52

Green Car Congress

AUGUST 5, 2015

US prices for the 2016 A3 Sportback e-tron plug-in hybrid electric vehicle ( earlier post )—the first of many Audi e-tron models destined to come to the US—will begin at $37,900. Purchasing customers may qualify for applicable state and federal incentives and tax credits. Dealer sets actual price.

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Audi 2016 PHEV Tax Credit 150

Green Car Congress

SEPTEMBER 23, 2020

4 electric SUV—the brand’s first long-range EV to be sold in the US. 4 electric compact SUV is based on the modular electric drive architecture (MEB). While it is the brand’s newest platform, it also represents a return to Volkswagen’s roots, with the electric motor located at the rear, just like the original Beetle.

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America SUV Electric Electrical 273

Green Car Congress

JUNE 10, 2011

Chevrolet dealers in all 50 states in the US are now taking orders for the 2012 Chevrolet Volt. The suggested retail price for the Volt will start at $39,995 (or $32,495 assuming a full federal tax credit of $7,500, which is subject to the customer’s eligibility). Five-year/100,000-mile* limited gas engine coverage.

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Volt Chevrolet 2012 District of Columbia 225

Green Car Congress

SEPTEMBER 21, 2012

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. The electric vehicles that are the focus of this study fall into two broad classes: plug-in hybrid electric vehicles and battery-electric vehicles. Source: CBO.

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Tax Credit Gasoline Tax Gasoline-Electric 252

Plug in America

JULY 21, 2023

In addition, electricity in the U.S. EVs Cost Less to Fuel Powering your ride with electricity costs about 60% less than buying gasoline. Depending on your electric utility, you may be able to save even more money by setting your car to charge at off-peak rates.

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Tax Credit Cars Tax Gasoline-Electric 52

EV Connect

AUGUST 22, 2022

Electric vehicle sales continue to surge forward. With strong policy support and aggressive climate initiatives , prioritizing plug-in hybrids and fully electric vehicles makes more sense for auto dealers than ever. Attract Eco-Minded Customers Electric vehicles were once a novelty item in the minds of most drivers.

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Auto Charging Dealers Connect 52

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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America 2016 Charging Gas-Electric 150

Electric Auto Association

APRIL 1, 2021

Amy Sinclair speaks to friend about driving electric. Amy Sinclair is the only woman presently serving on the board of the Golden Gate Electric Vehicle Association (GGEVA) , and for many years she has been one of the few female members of this Electric Auto Association (EAA) Bay Area chapter.

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San Francisco Minivan Purchase Gas-Electric 94

Green Car Congress

FEBRUARY 27, 2019

True ZEVs—battery electric vehicles and the handful of fuel cell electric vehicles—are at 5.6% However, rather than only true ZEVs, the numbers in the Executive Order and previous interpretations by the agencies indicate the goal is to be achieved by both BEVs that run only on electricity and plug-in hybrids (PHEV).

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EV Life

MAY 5, 2023

This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car.

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Cars That Think

MARCH 12, 2023

Electric cars barely existed in 2010, when the Tesla Model S was still a glint in Elon Musk’s eye. A battery will be the high-voltage heart of each of those 77 million electric vehicles, and by far their most expensive component, setting off a worldwide race to ethically source their materials and crank up production to meet exploding demand.

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Batteries Battery Supplies GM 93

Electric Vehicles India

MAY 6, 2021

India’s electric four-wheeler ride-hailing fleet incentives. The Delhi, Hyderabad and Bangalore cities are among the top markets for ride-hailing four-wheelers in India and have the highest shares of electric vehicles when compared to the other cities in India. India’s electric four-wheeler. billion, $52.5

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Clean Fleet Report

DECEMBER 22, 2023

Be careful listening to self-anointed experts that owning a plug-in hybrid electric vehicle (PHEV) is not a wise choice or viable option when buying a new car. Those truly in the know have real world knowledge of why a PHEV is the perfect bridge between a gasoline-powered car and one propelled by only electricity.

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PHEV Toyota Gasoline-Electric Gasoline 67

Green Car Congress

SEPTEMBER 3, 2009

Propane fuel, when compared to diesel and gasoline, provides a reduction in greenhouse gas emissions and has the potential to reduce fuel costs with the federal tax credit of $0.50 They have the largest distribution network of any Type-A bus company with more than 70 dealers in the United States and Canada. Earlier post.).

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USA Corporation Tax Credit Gasoline-Electric 199

Green Car Congress

DECEMBER 1, 2016

Exceeding its initial program targets, the plug-in 2017 Chrysler Pacifica Hybrid ( earlier post ) has earned an electric-mode fuel economy rating of 84 miles-per-gallon-equivalent (MPGe) from the US Environmental Protection Agency (EPA). The score relates to a vehicle’s combined performance on fuel economy and greenhouse-gas emissions.

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Minivan Chrysler EPA 2017 150

Green Car Congress

JANUARY 30, 2018

However, California is lagging behind when it comes to ensuring its charging infrastructure keeps up with the growth of its electric vehicle fleet, the report finds. In 2017, Tesla Model S had the farthest EPA-rated range for an all-electric vehicle, at 315 miles. In 2016 there was one charging plug for about every 6 electric cars.

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Clean Fleet Report

MAY 2, 2024

The Fastest Acura SUV Ever Built The all-new 2024 ZDX is the first electric Acura and, as Quincy Tam, Acura product planner, says, it is “for their customers that are ready to take that next step into electrification.” Power and Range There are three ZDX configurations, each with their own all-electric driving range (AER.)

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Acura All-Electric SUV Miles 85

Clean Fleet Report

MAY 12, 2023

VinFast invited Canadian and American automotive journalists to California to drive the 2023 VF 8, an all-electric midsize two-row SUV. The company has ambitious plans to import the three-row VF 9 by the end of 2023 and the two-row VF 7 in the first part of 2024, both of which are electric SUVs built in Hai Phong, Vietnam.

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San Diego Vietnam SUV North Carolina 96