Green Car Reports

DECEMBER 14, 2017

income-tax credit for purchase of a plug-in electric vehicle will not be killed after all. We'll likely never know whether it was the influence of auto lobbyists, pressure from the actual public, or a letter signed by two dozen mayors. But however the sausage was made, it appears that the U.S.

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Tax Credit Tax Electric Cars Plug-in 115

Green Car Reports

FEBRUARY 24, 2017

A major contributor to electric-car sales is the program under which buyers of new electric cars qualify for a federal income-tax credit of up to $7,500. But these tax credits are not unlimited.

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Tax Credit Tax Electric Cars GM 103

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 106

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 115

Green Car Reports

JANUARY 8, 2019

For a bunch of electric-car owning acolytes, our readers are surprisingly sanguine about the reduction and eventual expiration of plug-in tax credits on electric-car sales. We've reported extensively on the expiring tax credits, which will affect models from Tesla and GM in 2019.

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Tax Credit Tax Plug-in GM 68

Green Car Reports

OCTOBER 26, 2017

When the Oklahoma Legislature passed a bill earlier this year that imposed new fees on owners of hybrid and electric cars only, it was swiftly sued by the Sierra Club. In a 6-3 decision, the state's highest court struck down the bill as an unconstitutional tax.

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Oklahoma Tax Electric Cars Sierra 124

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. That credit lets buyers take a credit of $2,500 to $7,500 on their income-tax filing in the year of purchase.

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Tax Credit Tax Electric Cars Congress 76

Drive Electric

MAY 25, 2021

April 2020 was a watershed moment for electric vehicles (EVs) as company cars. The UK government slashed electric company car tax, instantly making EVs much more attractive for businesses and employees. What is company car tax? Getting a company car is a real perk for employees.

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Tax Companies Cars Electric 95

Teslarati

AUGUST 1, 2022

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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Purchase Tax China Tesla 92

Blink Charging

FEBRUARY 23, 2023

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. The good news is that there are now tax credits for individuals and businesses that buy or lease a new or used electric vehicle! First, the easy part: How do I claim the $7,500 EV tax credit?

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Tax Credit Tax Electric Vehicles North America 72

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. While the tax credit ended up surviving the massive tax-cut bill passed in December, some automakers are still about to face the end of the incentive.

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Tax Credit Tax Electric Cars Sale 76

Green Car Reports

FEBRUARY 11, 2018

Fears that Congress would kill the federal tax credit for purchase of a plug-in electric car were laid to rest in December when that incentive survived the $1.5 billion tax-cut bill.

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Tax Credit Tax Electric Motorcycles Congress 128

Green Car Reports

MARCH 20, 2018

With Tesla likely to hit 200,000 electric cars sold in the U.S. later this year, it will begin a phasedown process during which the income-tax credits available to its buyers start to dwindle on a set schedule. General Motors is likely to hit the same cap a couple of quarters after Tesla.

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Tax Credit Tax Electric Cars General Motors 100

Green Car Reports

NOVEMBER 30, 2018

Members of the lame-duck Congress all got letters on their desks Tuesday stating why the electric-car tax credit should be revised and extended.

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Tax Credit Tax Congress Plug-in 110

Green Car Reports

JULY 12, 2019

As tax credits on electric cars wind down, great deals are getting harder to find. Since some electric cars are still sold in small numbers and in limited areas, we've focused our selections on deals on cars that are.

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Tax Credit Electric Cars Plug-in 2019 96

Green Car Reports

JULY 15, 2013

By now, pretty much anyone who''s thinking of buying a plug-in electric car knows the Federal government offers an income-tax credit to help reduce the effective cost. But are shoppers who wait too long in danger of losing out on these credits? The short answer is no. Unlike a.'

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Tax Credit Tax Electric Cars Buy 142

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 87

EV Life

JANUARY 11, 2024

Driving the Electric Revolution: EV Incentives However, no big changes are without their growing pains. Many prospective EV buyers shy away when they compare the initial purchase price of many electric vehicles against traditional internal combustion engine vehicles. Which Tesla Vehicles Qualify for Colorado’s $5,000 Tax Credit?

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Tax Credit Tax Colorado Tesla 52

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

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 144

EV Life

JUNE 29, 2023

Great news for drivers looking to purchase an electric vehicle in Colorado! But the most exciting part of the new bill for many Colorado residents is the expansion of an additional Colorado Electric Vehicle Tax Credit for qualified drivers looking to purchase electric vehicles. What Are Electric Vehicle Incentives?

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Tax Credit Colorado Tax Electric Vehicles 52

Green Car Reports

JULY 13, 2018

Tesla is the first automaker to reach the 200,000-car limit for federal electric-car tax credits. Pininfarina plans for a new line of exotic electric cars. And we have the best deals on plug-in, hybrid, and other fuel-efficient vehicles. All of this and more on Green Car Reports.

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Tax Credit Pininfarina Green Cars Tax 68

Green Car Reports

JANUARY 16, 2018

Today, we've got some wrapup articles from both last week's Consumer Electronics Show and this week's Detroit auto show, thoughts on the electric-car tax credit, and greener wheels in Costa Rica. All this and more on Green Car Reports.

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Costa Rica Tax Credit Fisker Tax 64

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 103

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 100

Green Car Reports

FEBRUARY 26, 2018

sales of electric cars that qualify for the full federal tax credit of $7,500? It's been a topic of discussion for years: What will happen when a carmaker reaches the cap on U.S. That number is 200,000; after the rest of that calendar quarter and the one following, the credit is halved for a further two quarters.

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Tax Credit Tax Sale Electric Cars 106

Green Car Reports

FEBRUARY 1, 2018

Today, we've got bad news from our capitol (again), an electric Harley Davidson on the way, an explanation of which carmakers may lose income-tax credits for electric-car sales, and a January plug-in car sales report. All this and more on Green Car Reports.

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Tax Credit Tax Plug-in Plug 67

Green Car Reports

JUNE 26, 2014

Today on Green Car Reports: Georgia''s $5,000 electric-car tax credit is threatened, Chrysler fits start-stop to certain 2015 models, and our updated electric-car price guide. All this and more on Green Car Reports. Ohio thumbs its nose at energy.'

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Tax Credit Georgia Chrysler Tax 117

The Truth About Cars

JANUARY 23, 2024

Photo credit: Suwin66 / Shutterstock.com The electric vehicle (EV) market is experiencing a significant growth in 2024 , with expectations for sales of passenger EVs to climb by 21 percent in 2024, reaching 16.7 This stability results from reduced subsidies and the influence of favorable company-car taxation schemes. million units.

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Electric Cars Tax Credit BYD Indonesia 95

Green Car Reports

MAY 14, 2013

Stories about new or proposed taxes on electric cars are generally viewed as negative, even punitive, by plug-in vehicle advocates. Now, there''s one that likely shouldn''t cause all that much ruckus: Colorado is about to levy a $50 annual fee on any car that plugs into the wall to recharge its battery pack.

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Colorado Tax Electric Cars Recharge 120

Green Car Reports

DECEMBER 2, 2014

Illinois announces a plan to electrify Route 66 by adding public charging stations, Washington state mulls electric-car incentives, and the first plug-in electric car sales figures for November are in. All this and more on Green Car Reports. Will Washington state grant electric-car owners tax breaks.'

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Plug-in Electric Cars Plug Washington 108

Electric Vehicles India

MARCH 6, 2023

Earlier this week, the Uttar Pradesh government issued a long-awaited Government Order (GO) paving the way for the purchase of electric vehicles in the state to be exempted from road tax and registration fees. In addition, the importance of electric vehicles was clarified.

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Tax Purchase Electric Vehicles India 95

Green Car Reports

DECEMBER 23, 2014

Several states have adopted or proposed special taxes and fees for electric-car drivers. which are supposed to make up for lost revenue from taxes on the fuel their drivers don''t buy. MORE: Washington.'

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Tax Gas-Electric Washington Electric Vehicles 166

Green Car Reports

JANUARY 6, 2017

Indiana may soon follow Michigan in implementing fees for electric cars, with the stated goal of helping to pay for road repairs. Michigan is now adding fees for electric cars, as well as plug-in hybrids and battery-electric cars, because they don't burn enough gasoline to generate the same state tax revenue as other vehicles.

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Indiana Electric Cars Gas-Electric Michigan 117

Green Car Reports

APRIL 30, 2019

In the last few months, it has become clear how much of an effect the federal plug-in vehicle tax credit has on sales of electric cars. The tax credit on Teslas was cut in half in January, from $7,500 to $3,750, and its sales dropped from more than 90,000 cars to 63,000 after the tax credit was cut.

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Tax Credit Tax 2018 Plug-in 79

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. Total applications. %

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New York New York City Tax Credit Clean 321

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