The Truth About Cars

JANUARY 4, 2024

The EV tax credit rules changed again at the beginning of 2024, and stricter requirements on battery materials sourcing cut several previously qualified models from the list. A spokesperson told the publication, "The Cadillac Lyriq and Chevrolet Blazer EV will temporarily lose eligibility for the clean vehicle credit on Jan.

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EV Life

JUNE 29, 2023

Great news for drivers looking to purchase an electric vehicle in Colorado! But the most exciting part of the new bill for many Colorado residents is the expansion of an additional Colorado Electric Vehicle Tax Credit for qualified drivers looking to purchase electric vehicles. 4 , and more.

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Electrek

FEBRUARY 15, 2024

The new year rolled out a new plan where EV shoppers could get on-the-spot tax rebates when purchasing a new electric vehicle, with auto dealers then handling the paperwork and waiting to get reimbursed by the government.

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The Truth About Cars

JANUARY 30, 2024

Photo credit: Volkswagen Volkswagen has recently announced that their MY23 and the upcoming MY24 models of the ID.4, 4, equipped with SK On battery components, will be eligible for the full $7,500 Federal Tax Credit. that qualifies for the full Federal Tax credit. This development makes these models of the ID.4,

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EV Life

OCTOBER 7, 2023

The Treasury Department just released new guidance that will enable consumers to use their $7500 EV tax credits more like an upfront rebate starting in January 2024. However, new vehicle requirements are also taking effect that raise questions about which vehicles will still qualify for tax credits in the new year.

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EV Life

APRIL 7, 2023

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. Tesla’s electric vehicles are by far the most popular EVs in the country. The code references a number of eligible vehicles , including the Tesla Model 3 and Tesla Model Y.

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Teslarati

JUNE 7, 2023

Volkswagen of America CEO Pablo Di Si warned dealers ID. The VW of America CEO revealed discussions with dealers about the ID. “We need to find a fair way … for the consumer and the dealer — there’s no overpricing, that the system doesn’t crash. Di Si said he wants dealers to make money on the VW ID.

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Electric Vehicles India

NOVEMBER 1, 2021

Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles . A proposed US tax credit for new electric bicycle purchases bumped backed up to a full 30%. The bicycle market in India is valued at USD 0.9 billion with 15 million bikes a year. billion, a fraction of the European market.

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Green Car Congress

MAY 3, 2023

This provides customers the opportunity to try it during the initial months of vehicle ownership and subsequently activate it through a subscription at the time of their choosing. Customers can still include a 3-year subscription as part of the vehicle purchase, if they prefer. The new features of BlueCruise 1.2

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Green Car Congress

MAY 3, 2023

AJR Trucking , a leading carrier for the United States Postal Service (USPS) and a major drayage carrier operating in the Ports of Los Angeles and Long Beach, has executed a purchase order for 50 Nikola Tre hydrogen fuel cell electric vehicle (FCEV) trucks from Tom’s Truck Centers, a member of the Nikola Corporation sales and service dealer network.

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Green Car Congress

MARCH 30, 2023

Nikola announced that Nikola and its dealer network have received orders for 100 Class 8 Nikola Tre hydrogen fuel cell electric vehicles (FCEVs). Customers will also be eligible for a $40,000 clean commercial vehicle tax credit from the federal government due to the passage of the Inflation Reduction Act.

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Baua Electric

JANUARY 30, 2024

Ahead of its debut, Polestar is already offering a massive $7,500 purchase incentive on the new electric SUV. Polestar 3 (Source: Polestar) According to a memo sent to dealers viewed by online research firm CarsDirect , all 2024 Polestar 3 models now feature a $7,500 purchase discount.

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Blink Charging

JANUARY 19, 2024

Electric vehicle (EV) adoption is increasing. Cox Automotive forecasts a notable surge in electric vehicle adoption, projecting a rise from 7.6% Seize the opportunity to explore, test, drive, and consider an electric vehicle for your next ride as manufacturers expand their product lines to meet growing consumer demand.

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EV Life

OCTOBER 21, 2023

As we enter the age of the electric car, federal and state governments have created a variety of programs , rebates, and grants to incentivize drivers to make the switch to zero-emission vehicles. As with most government incentive programs, there are a lot of rules and restrictions regarding who qualifies for the credit.

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Teslarati

JULY 11, 2023

A survey from Cox Automotive estimates that electric vehicle sales in the US auto market could surpass 1 million units for the first time in 2023. Cox also found that about 51% of consumers are now considering the purchase of a new or second-hand EV. Tesla, for its part, posted record vehicle deliveries in the second quarter.

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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). Drive Clean Rebate Initiative Supporting the Direct Purchase of 11,000 EVs. EVolve NY to Install Charging Stations along Major Corridors and JFK Airport.

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Green Car Congress

MARCH 31, 2010

(NNA) set the US MSRP for the 2011 Nissan LEAF electric vehicle, which becomes available for purchase or lease at Nissan dealers in select markets in December and nationwide in 2011, at $32,780. Charging dock and installation are eligible for a 50 percent federal tax credit up to $2,000.

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Teslarati

JUNE 24, 2022

As of June 15, 2022, Ford will no longer offer the opportunity to purchase its three all-electric vehicles, the F-150 Lightning, Mustang Mach-E, and E-Transit Van, for new leases. Ford informed dealers in a letter that it was discontinuing the end-of-lease purchase option for the E-Transit van, Mustang Mach-E, and F-150 Lightning.

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Baua Electric

JANUARY 25, 2024

Hyundai sold 268,785 EVs in 2023 During the last three months of 2023, Hyundai sold over 57,975 electric vehicles globally. Hyundai accelerated construction to take advantage of government incentives like the $7,500 tax credit. For example, Hyundai is offering a $7,500 purchase incentive on the 2024 IONIQ 6.

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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. Cost Parity?

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Teslarati

JANUARY 17, 2024

Customers may now purchase or lease an R1S through Rivian’s shop and take delivery within a month. IRA EV tax credits winning over more auto dealers in 2024 The offer only applies to Rivian R1S vehicles that total $100,800 before dealer options. In many cases, you can take delivery in just 1–2 weeks.

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Green Car Congress

MARCH 7, 2012

US President Barack Obama announced a new $1-billion National Community Deployment Challenge to spur deployment of advanced alternative fuel vehicles in communities around the country. Tax credits. National Community Deployment Challenge.

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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.

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Electric Auto Association

FEBRUARY 7, 2023

E VA members spread the word about Chevy Bolts Raejean Fellows, a former president of the Electric Vehicle Association, has been determined to show that electric vehicles (EVs) are affordable for a large swath of the American public. To spread that message, she chose to purchase a new Chevrolet Bolt. “My

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Green Car Congress

OCTOBER 12, 2014

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. XXXXX Click to enlarge.

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Baua Electric

MARCH 25, 2024

In January, we reported that REE’s P7-C had achieved certification from both the Federal Motor Vehicle Safety Standards (FMVSS) and EPA ahead of initial deliveries, the first full steer-by-wire, brake-by-wire, and drive-by-wire vehicle in the US to do so. FTC: We use income earning auto affiliate links.

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Green Car Congress

SEPTEMBER 21, 2016

Toyota announced the pricing for the 2017 model year Mirai fuel cell vehicle. Mirai customers also may qualify for an $8,000 federal tax credit and $5,000 potential California rebate along with access to the California HOV carpool lane. for 72 months and Trailblazer Purchase Support of $7,500.

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Green Car Congress

FEBRUARY 24, 2021

MMNA) announced pricing and availability of the 2021 Mitsubishi Outlander Plug-in Hybrid Electric Vehicle (PHEV) crossover. The 2021 Outlander PHEV is available at Mitsubishi dealers now. Starting MSRP remains the same as the 2020 model, just $36,295 before available state and federal tax incentives.

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Green Car Congress

OCTOBER 11, 2013

The 2014 ELR has a starting price of $75,995, including a $995 destination charge but excluding tax, title, license and dealer fees. Base price of a 60 kWh Tesla Model S—without Federal tax incentive, but with destination fee—is $71,070.) Official EPA estimates are not yet available. 2014 Cadillac ELR.

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Baua Electric

JANUARY 30, 2024

Ford is instituting big discounts on the Mustang Mach-E for fleet customers, as well as a new program that allows dealers to use inventory as rental cars. The discount, which matches the amount of the federal EV tax credit the Mach-E no longer qualifies for, is reportedly aimed at spurring sales. 30, reports CarsDirect.

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Teslarati

JANUARY 3, 2023

A new tool released by Recurrent Auto shows car buyers which used EVs qualify for federal tax incentives based on a simple VIN search. As electric vehicles have become ever-more popular in the United States, so has the market of used EVs. The vehicle must have a battery with a capacity above 7kWh. This includes PHEVs).

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Baua Electric

JANUARY 12, 2024

Hyundai is offering a $7,500 purchase incentive on the 2024 IONIQ 6. It’s essentially like receiving the full EV tax credit with a new purchase. Like the IONIQ 6, Tesla’s Model 3 is no longer eligible for the IRA tax credit. It’s good for all 2024 Hyundai IONIQ 6 trims purchased by the end of the month.

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Green Car Congress

SEPTEMBER 1, 2010

Nissan North America and the state of Hawaii formed a partnership to promote the development of electric vehicles, and an electric-vehicle charging network, throughout the state. Nissan is committing to bringing a supply of Nissan LEAF electric vehicles to Hawaii and readying the dealer body to sell and lease them to consumers.

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Baua Electric

APRIL 22, 2024

More automakers are offering steep discounts on electric vehicle models. Kia and Genesis are offering significant EV discounts Genesis is rapidly expanding in the US, outpacing most luxury brands with sleek all-electric vehicles. And that’s for purchase, not a lease. That’s more than Lexus and Lucid.

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Green Car Congress

AUGUST 26, 2013

Nissan provided a list of the top 15 markets in the US for the Nissan LEAF battery-electric vehicle. LEAF is among the top ten best-selling vehicles, regardless of powertrain. Georgia has a tax credit worth up to $5,000 for zero-emissions vehicles. Top 15 LEAF market year-to-date in 2013. Earlier post.)

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Blink Charging

DECEMBER 19, 2023

The North American electric vehicle industry made a monumental shift in the summer of 2023, and Blink is proud to respond with our state-of-the-art charging stations. Major Legislation that Changed the Industry Finally, 2023 saw major changes to the consumer and business incentives for electric vehicles and EV charging.

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Baua Electric

JUNE 2, 2023

“We cannot make a mistake [with] this vehicle. We have a good relationship with the [dealer] network,” he mentioned. The ID4 is the only real EV from a international automaker that qualifies for the entire $7,500 in tax credit for car purchases equipped via the Inflation Aid Work.

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