article thumbnail

Mercedes-Benz B-Class Electric Drive priced at $41,450 for US; 85-mile range

Green Car Congress

The Mercedes-Benz MY14 B-Class Electric Drive ( earlier post )—the first electric offering for the brand in the United States—is priced at $41,450, excluding $925 destination and delivery. Customers may be eligible for federal tax credits (which run up to $7,500) or state/local tax credits.

Mercedes 291
article thumbnail

How to Navigate EV Charging Rebates and Successfully Fund Your Home Charging Station

EV Match

Alternative Fuel Infrastructure Tax Credit. In 2005, the federal government created the Alternative Fuel Infrastructure tax credit for homeowners and business owners, which includes the installation of EV charging infrastructure per WattLogic. EV Charging Rebates and Incentives from Electric Utility Companies.

article thumbnail

EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

You should consult your own tax, legal and accounting advisors before engaging in any transaction. Federal EV Tax Credit To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car.

article thumbnail

What a month for EVs!

Plug in America

I watched President Biden’s speech to the joint session of Congress on April 28, and I was dazzled to see the role that electric vehicles play in his plans. He repeated his commitment from the campaign to building 500,000 charging stations so we can “own the electric car market.”

article thumbnail

Gas War: U.S. House Suggests Ending California Emissions Authority, White House Says Nope

The Truth About Cars

The industry will have to comply with California’s emissions laws if it hopes to sell within the United States, with the federal government still capable of funding the shift by adding new corporate incentives and indefinitely prolonging an EV tax credit scheme that was originally supposed to expire.