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EIA: California home to almost half of US plug-in electric vehicles

Green Car Congress

Total US sales of plug-in electric vehicles (PEVs)—battery electric and plug-in hybrid electric—have increased in recent years, but still represent only about 0.7% of new vehicle sales in 2014 so far, up from 0.6% Several states offer tax incentives to reduce the upfront cost of PEVs to consumers. sales and use tax.

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ICCT study finds state EV incentives playing a significant role in driving sales

Green Car Congress

A study by a team from the International Council on Clean Transportation (ICCT) shows that state electric vehicle incentives are playing a significant early role in reducing the effective cost of ownership and driving electric vehicle sales. Source: ICCT. Click to enlarge. —Jin et al. Earlier post.).

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Here’s how much money you’ll get with the Inflation Reduction Act

Baua Electric

It’s packed with rebates and tax credits that will help Americans purchase everything from EVs to solar and electrical appliances to heat pumps. 4 in late 2022, and the Rewiring America calculator confirmed that our car qualified for the full $7,500 tax credit before we completed the purchase.

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Mullen’s electric trucks earn CARB certification, qualifying for over $45k in customer savings

Baua Electric

As a result, those CARB-compliant states and Washington DC enable tremendous savings to fleet operators who purchase electric trucks from Mullen. Mullen also points out that combined with the $7,500 federal tax credit , commercial customers can purchase a new THREE electric truck at a net cost below $20,000.

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How to Take Advantage of EV Charging Infrastructure Tax Credits

EV Connect

Both state and federal governments are encouraging businesses and individuals to start making the switch to EVs, and they are putting up the funds to make it happen — in the form of generous, aggressive EV charging infrastructure tax credits. And good news — this tax credit has been extended through 2021.