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Final EV Tax Credit Details and More EV News

Electric Auto Association

Many Americans want to know if their next EV purchase qualifies for a full, half, or any tax credit. kWh battery pack The “e” symbol designates that the cars qualify for the U.S. EV tax credit. A tax credit of $3,750 can now be given to automakers if critical minerals fall under the new Clean Vehicle Credit.

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VW ID.4 EV tax credit; Subaru Solterra update; Macan, Prologue, and ZDX pricing: The Week in Reverse

Baua Electric

4 models qualify for the $7,500 EV tax credit , making it the first foreign automaker to get the nod under tightened sourcing rules. Gasoline versions of the Macan will continue for at least a year in the U.S., And he wants a new generation of gasoline engines. Volkswagen has confirmed that “most” 2023-2024 ID.4

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Ansys releases pre-lockdown global survey on vehicle electrification

Green Car Congress

Conversely, 39% of respondents would only buy an EV if gasoline-powered vehicles were no longer available. US respondents are most likely to buy an EV if the government offers a federal/state tax credit. US respondents are split when it comes to when they’ll consider purchasing an EV.

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Ford prices C-MAX Energi plug-in hybrid at $29,995 after federal tax credit; expects conquest rate of about 50%

Green Car Congress

Its eligibility for a $3,750 federal tax credit drops that to $29,995. Both Prius Plug-in models qualify for a federal tax credit of $2,500. C-MAX Energi also is expected to qualify for additional tax credits up to $1,500 in California. The base MSRP for the Prius Plug-in Hybrid is $32,000.

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Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Green Car Congress

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. For example, an average plug-in hybrid vehicle with a battery capacity of 16 kWh would be eligible for the maximum tax credit of $7,500. Source: CBO. Click to enlarge.

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Sen. Baucus draft for energy tax reform focuses on clean production of electricity and fuels; repeals plug-in vehicle credits

Green Car Congress

Some clean energy production, such as generating electricity by capturing excess heat at manufacturing facilities, is ineligible for the production tax credit because it is not expressly listed in the code, while other types of energy production generating significant air pollution receive sizable tax subsidies.

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Why Fleet Owners Are Electrifying Their Vehicles This Year

Blink Charging

Thanks to new tax credits for EVs and EV charging stations as well as lower fuel and maintenance costs for EVs, fleet managers can now save money while setting an example for other organizations. Limited time to claim tax credits for EV fleets There are currently numerous incentives to purchase EVs and EV charging equipment.

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