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Tesla Tax Credit: How Californians Can Save $15,000 with EV Credits and Rebates

EV Life

Buying a new car is one of the most significant purchases you’ll likely make in your life, so you want to make sure you’re getting the best deal available. The EV tax credit outlined in the Inflation Reduction Act of 2022 is non-refundable, meaning it can only be applied to money you already owe in the tax year you purchase your vehicle.

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NY state launces series of initiatives to encourage adoption of EVs

Green Car Congress

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). Drive Clean Rebate Initiative Supporting the Direct Purchase of 11,000 EVs. To date, more than 11,000 rebates have been approved for New Yorkers to purchase electric cars.

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Next 10 report says widespread EV adoption in California could deliver significant economic benefits to the state by 2030 and 2050

Green Car Congress

Even under a relatively conservative baseline scenario that assumes no improvement in EV costs in the coming ten years, EV adoption could result in significant economic benefits by stimulating the overall economy, reducing pollution, and improving public health outcomes. billion from averted medical costs.

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Draft Odisha electric vehicles policy 2021

Electric Vehicles India

According to the draft EV policy issued by the Odisha Commerce and Transport Department, the customers will get a subsidy of 15 per cent on the purchase of electric vehicles (EV). 100% interest-free loans would be made available to State Government employees for the purchase of Electric Vehicles. K ey objectives.

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10 Reasons Your Next Car Should Be an EV

Plug in America

EVs Improve Public Health Transportation emissions are the leading source of air pollution in the U.S. A recent study looked at ZIP codes and found that as more EVs were registered in those zip codes, local air pollution levels and emergency room visits dropped. Many EV models are eligible for up to $7,500 in income tax credits.

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UT administration prepares final draft policy on electric vehicles

Electric Vehicles India

It has proposed to provide incentives for waiving off registration fees and road tax on the purchase of an electric vehicle, This initiative is taken to encourage plug-in electric vehicles in the state and to reduce pollution by bringing down emissions from motor vehicles.

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Delhi stops EV subsidies as electric vehicle registrations pick up pace

Electric Vehicles India

Transport Minister Kailash Gahlot said that the government does not plan to extend the subsidy scheme on the purchase of electric vehicles any longer. Road tax and registration fees for these vehicles were also waived. They also ply on the road more as compared to private cars, thereby causing more pollution.”