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 120

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 125

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 137

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.

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Tax Credit Tax Sale Plug-in 98

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 109

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 80

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 71

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 149

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 111

Green Car Reports

FEBRUARY 26, 2018

sales of electric cars that qualify for the full federal tax credit of $7,500? 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. It's been a topic of discussion for years: What will happen when a carmaker reaches the cap on U.S.

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Tax Credit Tax Sale Electric Cars 116

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 81

Green Car Reports

MAY 10, 2019

With rising interest rates and falling federal plug-in vehicle tax credits on some models, the best deals on electric cars, plug-in hybrids, and conventional hybrids are a little harder to find versus a few months ago.

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Plug-in Plug Tax Credit Electric Cars 138

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 109

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 95

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

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 70

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 128

Green Car Reports

AUGUST 10, 2018

The king of all financial incentives for plug-in cars is, of course, the federal tax credit of up to $7,500. With Tesla’s federal tax credit already on its way to expiring and GM’s close behind, it’s worth knowing where to look for other incentives for those who want an electric car.

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Tax Credit Tax Clean Cleaning 78

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 66

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 69

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 Reports

DECEMBER 3, 2014

Today we''ve got reports on the growth of workplace electric-car charging, impeding expiration of the Federal hydrogen fuel-cell vehicle tax credit, and a new hybrid powertrain that sues exhaust gases to generate electricity. All this and more on Green Car Reports.

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Tax Credit Exhaust Tax Hydrogen 119

Green Car Reports

SEPTEMBER 8, 2015

When it comes to encouraging electric-car adoption, tax credits and other financial incentives are an important tool. They can help erase the typical price premium of electric cars over comparable internal-combustion models.

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Tax Credit Tax Electric Cars Cars 60

Green Car Reports

FEBRUARY 4, 2015

taxpayers start to grapple with their income-tax filings, due April 15, tens of thousands of taxpayers will benefit from a Federal income-tax credit of $2,500 to $7,500 offered to buyers of plug-in electric cars.

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Tax Credit Tax Electric Cars Cars 60

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 105

Green Car Reports

FEBRUARY 13, 2015

Both Nissan and General Motors are roughly one-third of the way toward sales of the maximum number of plug-in electric cars that qualify for a Federal income-tax credit of $7,500. But a Nissan executive says that his company has already made plans for the day when those credits end.

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Tax Credit Tax Nissan Electric Cars 60

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 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. New rebate levels as of 30 June 2021 will be: EV Range/Price. 200 miles or more. 40 - 199 miles.

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New York New York City Tax Credit Clean 321

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 Factors such as political polarization and shifts in tax credits could influence this figure. million units.

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Electric Cars Tax Credit BYD Indonesia 94

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 138

Blink Charging

JANUARY 19, 2024

Although the $7,500 consumer tax credit for buying an electric car is becoming more restrictive for new vehicles adhering to specific manufacturing requirements , there’s a provision enabling consumers to still enjoy the credit when leasing an EV assembled outside of North America.

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Tax Credit Tax North America Clean 94

Green Car Reports

FEBRUARY 4, 2015

Today we see why EPA range ratings for electric cars can be confusing, why there are still discrepancies in the IRS'' explanation of which plug-in cars are eligible for tax credits, and why Hyundai is slashing the price of its Tucson Fuel Cell crossover in Korea. All this and more on Green Car Reports.

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Tax Credit Tucson Tax EPA 60

Green Car Reports

OCTOBER 10, 2018

After generous tax credits expired in Canada’s largest province of Ontario, September, not April, turned out to be the coldest month for electric-car sales North of the Border. The tax credit was worth up to $10,000 ($14,000 Canadian.)

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Tax Credit Sale Plug-in Canada 117

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 121

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 90

Green Car Reports

SEPTEMBER 21, 2014

Today, most plug-in electric car buyers qualify for a Federal income-tax credit of $2,500 to $7,500--but Senator Harry Reid thinks those incentives should be expanded.

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Nevada Tax Credit Electric Cars Tax 163

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 Tax 105