Remove Economy Remove Fuel Remove Tax Remove Tax Credit
article thumbnail

New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp., ITC Holdings Corp.,

article thumbnail

EVs dominate list of efficient cars in ORNL 2022 Fuel Economy Guide

Green Car Congress

The 2022 Fuel Economy Guide, released by ORNL for the DOE/EPA fueleconomy.gov website, provides up-to-date information on fuel economy, environmental and safety data, so consumers can choose the most fuel-efficient vehicle that meets their needs. Credit: Andrew Sproles/ORNL, U.S.

article thumbnail

Which EVs Still Qualify for Federal Tax Credits?

The Truth About Cars

With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify. But it’s kind of a clunky interface so we’re just going to list them here for you.

article thumbnail

EPA confirms 249-mile range for Volkswagen ID.4 AWD Pro electric SUV

Green Car Congress

Volkswagen of America announced another round of fuel economy figures for the 2021 ID.4 The EPA-estimated fuel economy for ID.4 The EPA-estimated fuel economy for the AWD Pro S is 98 MPGe in city driving; 88 MPGe in highway driving, and 93 MPGe in combined city/highway driving. 4 electric SUV. The 2021 ID.4

EPA 418
article thumbnail

Alder Fuels and Enviva partner to scale and commercialize sustainable aviation fuel supply chains

Green Car Congress

Decarbonization of our entire economy is driving massive demand for the next generation of sustainably sourced renewable fuels. —Bryan Sherbacow, Alder Fuels’ President & CEO. Further, the IRA extends and modifies the tax credit for the production of renewable energy from biomass and other technologies.

Supplies 150
article thumbnail

SAFE Report: electricity shortfalls impede IRA’s materials production goals

Green Car Congress

Aluminum, the report says, is caught in the middle of the clean energy transition—it is a crucial component enabling economy-wide decarbonization, but at the same time is one of the highest emitting industrial materials. Unfortunately, the demand-side drives for aluminum outpace these few supply-side investments.

article thumbnail

BMW ActiveHybrid 7 Qualifies For $900 US Federal Tax Credit

Green Car Congress

The US Internal Revenue Service certified that the BMW ActiveHybrid 7 ( earlier post ) qualifies for up to a $900 tax credit under the Alternative Motor Vehicle provision. seconds while delivering impressive EPA fuel economy estimates of 17 mpg city and 26 mpg highway—a near 18% improvement over the non-hybrid 750i/Li.