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U.S. EV Tax Credit Tool Tracks Electric Car Savings

CleanTechnica EVs

Consumers have a new resource for finding plug-in electric and fuel cell vehicle tax credits. Current owners and those considering an electric vehicle purchase can access a free tool developed by ORNL researchers for fueleconomy.gov.

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T&E study finds plug-in hybrids show higher CO2 emissions than claimed

Green Car Congress

Three of the most popular plug-in hybrids in 2020 all emitted more CO 2 than advertised when tested in the real world, according to tests commissioned by European environmental NGO Transport & Environment (T&E). T&E said governments should therefore end the purchase subsidies and tax breaks for plug-in hybrids.

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Tesla China: Top gov’t meeting confirms NEV purchase tax exemption extension

Teslarati

Tesla China will likely see its momentum in the domestic EV market accelerate, thanks to the country’s NEV purchase tax exemption being renewed next year. The NEV purchase tax exemption, which was launched in 2014, allowed most consumers who purchase green vehicles to save about RMB 10,000 (around $1,500).

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Senate tax plan leaves electric-car purchase credit in place

Green Car Reports

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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How Does the Electric Car Tax Credit Work in 2023?

Setec Powerr

The global push towards sustainable energy and reducing carbon emissions has given rise to the popularity of electric vehicles (EVs). One such incentive is the electric car tax credit, designed to help offset the initial cost of EVs for buyers. Section 1: Overview of the Electric Car Tax Credit in 2023 1.1

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Virginia proposes state-tax rebate up to $3,500 for electric-car purchase

Green Car Reports

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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US Congress Considers 1st-Ever Purchase Incentive for Commercial EVs

CleanTechnica EVs

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

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