EV Adoption

FEBRUARY 23, 2021

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit. Chart Source: EV Volumes.

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Tax Credit Tax Sale Plug-in 98

CleanTechnica EVs

AUGUST 3, 2022

This bill would establish a federal tax credit for businesses to purchase electric and plug-in hybrid […].

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Purchase Congress Tax Credit Commercial 141

Green Car Reports

FEBRUARY 22, 2018

Toward the end of last year, electric-car shoppers began to think about a U.S. market without the $7,500 federal tax credit for their purchases of plug-in vehicles. As designed and implemented in.

Tax Credit 80

Tax Credit Tax Electric Cars Sale 80

Green Car Reports

JANUARY 16, 2018

Rather to the surprise of electric-car advocates, the massive tax bill passed by the U.S. Congress in December did not eliminate the federal tax credit for purchase of a plug-in electric vehicle. Now, financial columnist James Stewart has.

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Tax Credit Tax Electric Cars Congress 79

Green Car Reports

AUGUST 2, 2017

federal income-tax credit for purchase of an electric car has seen its share of attacks over the years. Now a new video seeks to twist the facts to paint those subsidies in a bad light.

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Tax Credit Tax Electric Cars Cars 107

Green Car Reports

JANUARY 29, 2018

Several years ago, Georgia offered a generous state-tax credit for purchase of a zero-emission vehicle, and its sales of electric cars boomed.

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Tax Credit Georgia Tax Electric Cars 105

Green Car Reports

DECEMBER 19, 2017

The tax reform bill likely to be voted on by the U.S. Senate and House of Representatives retained a number of provisions originally slated to be cut from the tax code. Among them was the federal income-tax credit for purchase of a plug-in electric vehicle.

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Tax Credit Tax General Motors Electric Cars 91

Green Car Reports

DECEMBER 1, 2013

Consider this your last warning: If you''re planning on getting a charging station for a plug-in electric car, you only have 30 days. The credit.'

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Tax Credit Tax Electric Cars Re-Charge 149

Green Car Reports

MAY 12, 2017

It's clear that incentives to buy specific cars work best when they can be applied directly at the time of sale. That's why purchase rebates are widely preferred by electric-car advocates to tax credits, which may take up to 15 months to be usable, depending on the timing of the purchase and tax filing.

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Purchase Electric Cars Tax Credit California 132

Green Car Reports

NOVEMBER 13, 2017

income-tax credit for purchase of an electric car took a new turn on Thursday. HR1, the draft Tax Cut and Jobs Act introduced in the House of Representatives, would end the credit as of December 31. Senate version of the tax-reform bill introduced late Thursday, however, retains the credit.

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Tax Purchase Tax Credit Electric Cars 118

Green Car Reports

MARCH 20, 2018

Today, we've got a long and detailed summary of what we learned about Porsche's Mission E and future electric cars, some new lobbying partners to extend the plug-in purchase tax credit, and our latest Twitter poll. All this and more on Green Car Reports.

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Tax Credit Porsche Tax Future 63

Green Car Congress

MAY 8, 2021

An additional $30 million is now available through New York State’s Drive Clean Rebate program to encourage more consumers to lease or purchase an all-electric car or plug-in hybrid electric vehicle. Since 2010, more than 81,000 electric vehicles have been sold in New York State. REDC Region.

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New York New York City Tax Credit Clean 321

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). initiative, which encourages electric car adoption as it brings the state closer to its goal of installing at least 10,000 charging stations by the end of 2021.

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New York Tax Credit F-150 Clean 354

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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Tax Credit Tax North America Clean 94

Green Car Reports

JULY 11, 2017

Incentives for the purchase of a plug-in battery-powered vehicle continue to be a powerful motivation to get new buyers to consider electric cars. The federal income-tax credit of $2,500 to $7,500 has long been supplemented by various state programs, including a purchase rebate in the crucial California market.

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California Tax Credit Electric Cars Purchase 105

Green Car Reports

MARCH 27, 2015

State tax credits and purchase rebates have proven effective in kickstarting the early market for plug-in electric cars and other green vehicles. Green Georgia Illinois Texas incentives plug-in cars rebates state laws tax credit' Then there''s Texas, where a.

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Tax Credit Texas Tax Georgia 60

Green Car Reports

JULY 6, 2017

The state of California has a long track record of supporting electric cars and doing everything possible to ensure plug-in vehicles can be obtained by the largest number of drivers. Aside from the Federal income-tax credits available nationally, the state of California has its own purchase rebates.

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Tax Credit Electric Cars Tax California 89

Green Car Reports

JUNE 4, 2018

After a three-year hiatus, Texas has reinstated purchase rebates for plug-in electric and other alternative-fuel vehicles. Texans who buy electric cars after Sept. Buyers of fuel-cell cars.

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Alternative Fuels Texas Tax Credit Dallas 159

Green Car Reports

JANUARY 9, 2018

Virginia is for lovers—and it may soon be for lovers of electric cars and plug-in hybrids, too. Reid [D-32nd] has proposed a bill, expected to hit the House floor Wednesday, that would see buyers of electric vehicles receive a state-tax rebate of up to $3,500. Virginia House Delegate David A.

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Virginia Tax Purchase Electric Cars 111

Teslarati

OCTOBER 23, 2023

Colorado has voted to approve a new standard on the adoption of electric vehicles (EVs), with an additional goal set for 2032 and new guidance for increasing EV sales beginning in 2027. Notably, the release says that the standard does not prohibit the sale or use of non-electric vehicles with internal combustion engines (ICEs).

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Colorado Sale Tax Credit Tax 88

Green Car Reports

MAY 6, 2014

If you''ve bought an electric vehicle recently, chances are you may have enjoyed some of the myriad incentives currently offered on plug-in cars. Income-tax credits, purchase rebates, sales-tax exemptions, and various non-monetary incentives have been used worldwide to spur plug-in car sales growth.

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Tax Credit Global Tax Electric Cars 153

EV Life

JUNE 8, 2023

The electric vehicle market has expanded rapidly in the last few years as automakers have introduced a variety of EV models to keep up with demand. These days, all-electric options are available in every type of vehicle, from high-horsepower electric sports cars to stylish electric luxury sedans to torque-heavy electric trucks.

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SUV Tax Credit Market Tax 52

Plug in America

NOVEMBER 20, 2020

This year, electric motorcycle momentum has been hot! Electric motorcycle companies have been reporting an increase in sales. For example, Italian electric motorcycle manufacturer Energica shared that in the first two months of 2020, they sold more electric motorcycles than in the year prior. . LiveWire 2018.

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Electric Motorcycles Motorcycles Tax Credit Los Angeles 98

Green Car Reports

APRIL 6, 2015

It hasn''t been a particularly good year so far for electric-car purchase incentives. As feared by advocates, last week Georgia passed a highway-funding bill that killed its $5,000 income-tax credit for purchase of a battery-electric vehicles.

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Tax Tax Credit Georgia Electric Cars 60

Clean Fleet Report

DECEMBER 27, 2021

The number of plug-in electric cars nearly doubled from 40 to more than 70 vehicles this year, including attractive SUV crossovers in the $40,000 range like the Ford Mustang Mach-E and the Volkswagen ID4. Rebates & Tax Credits Don’t Help Most Americans. How Incentives & FinTech Can Get You In an EV.

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Affordable Tax Credit Tax Climate 82

EV Life

AUGUST 4, 2023

General Motors was one of the original pioneers of electric cars, introducing the EV1 in 1996 and the game-changing Volt in 2010. Chevrolet has continued that trend in the last few years—emerging as a major leader in the electric vehicle industry. The EUV is available in two different trims, the LT and Premier.

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Chevrolet Financing Electric Vehicles Tax Credit 52

Plugs and Cars

JUNE 12, 2009

Oregon's House has passed a bill to end the $1500 tax credit for conventional hybrid vehicles on the last day of 2009. After that point only plug-in vehicles qualify. House Bill 2180 , which passed overwhelmingly, Creates specific tax credit for purchasers of plug-in hybrid electric vehicles and related equipment.

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Oregon Plug-in Tax Credit Plug 100

Green Car Reports

JUNE 10, 2015

Used electric cars starting to enter the market in higher numbers, letting advocates suggest that if the purchase price of a new plug-in car is too high, buyers can look at used options.

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Tax Credit Electric Cars Plug-in Cars 60

Setec Powerr

SEPTEMBER 20, 2022

14, thus making more people aware of the accelerating transition to electric vehicles by automakers and the billions of dollars companies are investing in building battery plants. At this year’s auto show, Detroit’s three largest car companies will showcase a variety of electric vehicles. Although Biden and the U.S.

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Detroit Auto Congress Tax Credit 97

Green Car Reports

FEBRUARY 9, 2016

For a couple of years, Georgia offered an example to the rest of the nation on how a seemingly unlikely state could boost electric-car sales. Last spring, opponents of the state's generous $5,000 income-tax credit for purchase of a zero-emission vehicle killed off the incentive, in effect since 1998. DON'T MISS.

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Georgia Tax Credit Electric Cars Tax 60

Green Car Reports

MAY 15, 2015

Georgia's income-tax credit for the purchase of a zero-emission vehicle will become history in about six weeks. That poses a problem for the state's electric-car shoppers: Buy before June 30 to take advantage of the expiring credit, or wait for improved battery-electric cars expected to arrive within two years.

Georgia 60

Georgia Tax Credit Electric Cars Tax 60

Green Car Reports

NOVEMBER 4, 2015

Electric-car buyers in Georgia have seen their prospects change dramatically over the past few months. The Peach State previously had one of the most generous incentive programs for new electric-car purchases, offering up to $5,000 in income-tax credits to electric-car buyers.

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Georgia Tax Tax Credit Electric Cars 60

Green Car Reports

JUNE 12, 2017

What would you pay to lease a smooth, quiet, comfortable, relatively luxurious mid-size electric sedan with only about 90 miles of range? Honda hopes the answer is $269 a month with $1,730 down, on a three-year lease that takes advantage of the federal income-tax credit for electric-car purchase.

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Honda 2017 Tax Credit Tax 106

Green Car Reports

FEBRUARY 8, 2011

It's long been known that purchase rebates--buy a car, get a check--are a more effective incentive for purchase of any kind of car than an income-tax credit, which may take a year or more to affect the buyer's cash position.

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Tax Credit Electric Cars Tax Purchase 92

Green Car Reports

JULY 6, 2015

Purchase rebates and tax credits have been a major factor in the growth of electric cars over the past few years. By easing the price gap between electric and internal-combustion models--and providing the allure of a cash handout--they've helped get more people into electric cars.

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Tax Credit Electric Cars California Cars 60

Teslarati

APRIL 28, 2022

Tesla’s electric vehicles are premium-priced, but their financing deals make them quite compelling against their rivals in the EV market. A look at Tesla’s online payment calculator would show that the Texas-based electric vehicle maker lists a 72-month rate of 2.99% APR. It’s not just Toyota either.

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Financing Price Toyota Tax Credit 90

Blink Charging

FEBRUARY 9, 2023

While it’s great news that electric vehicles (EVs) are becoming more popular in the United States, it does pose a unique issue: EV sales are now outpacing EV charging infrastructure. There are now over 3 million total electric cars on the roads today. In fact, BEVs accounted for 3.2%

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Charging Tax Credit United States Installation 80