Green Car Reports

AUGUST 21, 2022

Some shoppers for electric vehicles and plug-in hybrids are encountering severe sticker shock this weekend in monthly lease numbers. That’s because versus just a few days ago, a vast swath of EV and PHEV models are no longer eligible for the federal EV tax credit—now known as the Clean Vehicle Credit.

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Tax Credit Plug-in Tax Plug 153

Blink Charging

JANUARY 11, 2024

The United States federal government has made it even easier to buy a new or used electric vehicle (EV). The latest Clean Vehicle Tax Credits can be applied to the purchase of a new or used EV at the point of sale as of January 1, 2024. Here’s what you need to know.

Tax Credit 119

Tax Credit Tax Clean Cleaning 119

Blink Charging

FEBRUARY 23, 2023

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. It does not act as a rebate (until 2024).

Tax Credit 72

Tax Credit Tax Electric Vehicles North America 72

Green Car Congress

JUNE 23, 2022

President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also called on states to suspend their state gas taxes as well or to find other ways to deliver some relief.

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Congress Fuel Tax Tax Fuel 259

EV Adoption

JULY 4, 2022

As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fuel taxes as drivers of gas-powered cars do at gas stations. Unfortunately there is currently no simple and agreed upon best replacement for the fuel tax.

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Fuel Tax Tax Electric Vehicles Fuel 98

Teslarati

NOVEMBER 29, 2023

The reprieve would concern the eligibility of electric vehicles for the IRA’s tax incentives. One of the biggest concerns about the IRA’s requirements for EV tax credit eligibly regards battery packs, cells, and the materials used to manufacture them. The Teslarati team would appreciate hearing from you.

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Tax Credit Tax United States North America 80

Electrek

JUNE 2, 2023

Tesla surprises the market by confirming that buyers of its cheapest Model 3 now have access to the full $7,500 federal tax credit for electric vehicles instead of the previous $3,750. more… The post Tesla surprises by gaining full $7,500 tax credit on cheapest Model 3, now starts at $30,000 appeared first on Electrek.

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Tax Credit Tax Tesla Price 145

Electric Vehicles India

OCTOBER 21, 2021

Tesla requests PM Modi to cut import taxes on electric vehicles . Tesla Inc urged the Prime Minister’s Office to cut down the import taxes on electric vehicles before it enters the market.

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Tax Electric Vehicles India Tesla 82

Teslarati

JANUARY 2, 2024

Treasury’s updated guidance on the federal electric vehicle (EV) tax credit has officially taken effect. With some of Tesla’s vehicles losing access to the credit in 2024, one Model 3 configuration is currently looking more appealing than ever. However, sightings of the Model 3 Highland in the U.S.

Tax Credit 109

Tax Credit Tax Highlander North America 109

Green Energy Consumers

FEBRUARY 7, 2023

Last week, the Internal Revenue Service (IRS) and Treasury Department made a change to the federal tax credit for electric vehicles (EVs) that changes the list of eligible vehicles for 2023.

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Tax Credit Tax Electric Cars Price 87

Teslarati

JANUARY 25, 2024

4 units with SK On battery components qualify for the Inflation Reduction Act’s (IRA) full $7,500 federal tax credit for electric vehicles. 4 units with batteries from SK On qualify for federal tax credits. 4 EV may choose to apply the tax credit as a down payment for the vehicle. The 2023 ID.4 Only VW ID.4

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Tax Credit Tax Batteries Battery 88

Electrek

SEPTEMBER 14, 2023

You may soon be able to lease a Rivian electric vehicle. Rivian’s CEO, RJ Scaringe, spoke about leasing and how it could unlock more price incentives for customers at Morgan Stanley’s 11th annual Laguna Conference.

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Tax Credit Tax Price Electric Vehicles 109

Teslarati

JANUARY 9, 2024

Hertz is selling off some of its Tesla models that were formerly rentals, and the vehicles are currently available at some pretty low prices. As part of the Rent2Buy vehicle sales program on its website , Hertz has listed hundreds of its early Tesla rentals for sale at fairly low prices.

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Price Tax Credit Tesla Purchase 141

Baua Electric

MARCH 6, 2024

Nissan and the IRS announced today that the Leaf has regained eligibility for the federal tax credit for electric vehicles. With now $3,750 in tax credit, the Leaf can start at just $24,400 – making it one of the cheapest EVs in the US. Now, the Leaf is not perfect, especially at that price.

Tax Credit 52

Tax Credit Tax Nissan Tennessee 52

Green Car Congress

OCTOBER 9, 2020

Self Financial, a fintech company, has compared the running costs of electric and non-electric vehicles in each state. Across the US the average annual cost of running an electric vehicle is $2,721.96, while gasoline vehicles cost an average of $3,355.90 per year to run—a difference of $633.94

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Purchase Cost Of Price Gasoline-Electric 321

Get Electric Vehicle

SEPTEMBER 6, 2022

There seem to be significant advancements in technology and performance for new electric automobiles every week.    Electric vehicles are becoming more widely available as a result of ongoing innovation and the newly gained acceptance from the people. What Drives The Price Drop. The Expiration of Tax Benefits.

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Electric Vehicles Price Vehicles Tax 52

Teslarati

OCTOBER 12, 2023

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. As new vehicle transaction prices declined once again in September, according to Kelley Blue Book data, Tesla is the culprit, helping consumers find industry-leading vehicles for a reasonable price.

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Affordable Price Market Tesla 120

Green Car Reports

APRIL 1, 2023

Which electric vehicle maker decided to go open source with its driving-assistance features? Prices on used vehicles of all kinds. Will battery degradation “brick” your EV after a certain number of years or miles?

Tax Credit 140

Tax Credit F-150 Price Tax 140

Teslarati

OCTOBER 29, 2021

Malaysian government officials are petitioning and working toward making electric vehicles exempt from taxes, including import and excise duties, as well as road taxes. According to Paultan , a Malaysian automotive news site, supporting politicians are proposing a 100% exemption from the road tax for EVs.

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Malaysia Tax Buy Purchase 145

Teslarati

JANUARY 8, 2024

Sticker prices on electric vehicles (EVs) continued to trend downward in 2023 toward price parity with gas cars, as led by price cuts from market leader Tesla. The data shows that the average sticker price of a Tesla dropped throughout the year to reach $50,051 in December.

Price 115

Price Market Tesla Tax Credit 115

The Truth About Cars

FEBRUARY 9, 2024

That’s how the 2024 Toyota GR Yaris, a car powered by an (admittedly powerful and turbocharged) three-cylinder engine, costs nearly double its sticker price in France. Motor1 reported that the 2024 GR Yaris starts at 46,300 Euros, but its emissions add another 45,990 Euros to that price. Image: Toyota] Become a& TTAC& insider.

Toyota 105

Toyota Emissions Price Tax 105

Teslarati

MARCH 9, 2024

General Motors (GM) brand Chevrolet has begun selling the Blazer electric vehicle (EV) once again, after the automaker halted orders for over two months due to a software quality issue. The updated pricing marks a drop of 9 percent or more, down from the previous starting price of $56,175.

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Price Sale GM Chevrolet 87

Teslarati

APRIL 28, 2023

CarMax, the United States’ largest used car retailer, has observed a significant increase in consumer interest in electric vehicles, particularly Teslas. The firm’s findings were outlined in the company’s 2023 Electric Vehicle (EV) Consumer Report. Don’t hesitate to contact us with news tips.

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Electric Vehicles Tesla Vehicles Tax Credit 138

Teslarati

JUNE 8, 2023

A look at Tesla’s official pages for the Model 3 sedan and Model Y crossover shows that the electric vehicle maker is highlighting the fact that the electric cars are eligible for the IRA’s $7,500 tax credit. “If eligible, state & local incentives can drop prices as low as $20k in certain states!”

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Tax Credit Price Tesla Tax 119

Green Car Congress

AUGUST 21, 2022

Lithium carbonate prices in China rose slightly to 480,500 yuan/tonne in mid-August, remaining close to the record-high of 500,000 from March and 400% higher year-on-year as soaring demand drove expectations of extended supply deficits. Lithium is expected to trade at 484,185.00 by the end of this quarter. Earlier post.). Source: Statista.

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Carbon Batteries Battery Lithium Ion 483

CleanTechnica EVs

APRIL 20, 2024

One week ago, I wrote about the Tesla Model Y (and the Tesla Model 3) having a base price below the average selling price of a new car in the US. In fact, taking the US EV tax credit into account, the Model Y was essentially $10,000 cheaper than the.

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USA Tax Credit Tesla Tax 138

Green Car Congress

JANUARY 12, 2023

The average transaction price (ATP) of a new vehicle in the US hit a record high in December at $49,507—an increase of 1.9% ($927) from November and up 4.9% ($2,297) from year-earlier levels. The drop in pricing was driven by significant price cuts at Tesla, which commands more than 65% of the electric vehicle segment.

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Price Land Rover Vehicles Tesla 210

Electric Vehicles India

MAY 31, 2021

Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years. Nepal aims to phase out petrol-diesel vehicles with electric vehicles by 2031. . Exemption of renewal and road taxes for five years if an existing petroleum vehicle switches to battery power.

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Nepal Tax Renewable Financing 103

Teslarati

JULY 4, 2022

As recently corroborated by the veteran Japanese carmaker, it has already crossed the 200,000-unit cap for the United States’ $7,500 tax credit for hybrid and all-electric vehicles. In a way, the bZ4X is a vehicle that seems to reflect Toyota’s reservations about all-electric cars as a whole.

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Tax Credit Tax Tesla Toyota 98

Blink Charging

APRIL 13, 2023

Usually when discussing federal electric vehicle tax credits in the United States , most people are referring to the Clean Vehicle Credit (formerly the Qualified Plug-in Electric Drive Motor Vehicle Credit) for new EVs. But that’s not the only federal tax credit for buying an EV.

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Tax Credit Tax Clean Cleaning 95

Teslarati

JULY 29, 2022

Long-range all-electric trucks like the Tesla Semi will not come cheap. Battery costs are declining quickly, but even Tesla still lists its 300-mile Semi variant with an estimated starting price of $150,000. I really expect Tesla to raise prices on the Semi, its too cheap at this point.

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Tax Credit Affordable Tax Tesla 145

Teslarati

APRIL 17, 2023

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. The legacy automaker recently announced that its customers will benefit from the full $7,500 clean vehicles purchase incentive across its entire EV fleet lineup under a given MSRP cap.

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Tax Credit Silverado Chevrolet Tax 98

Teslarati

AUGUST 7, 2023

Used Teslas will now qualify for the $4,000 tax credit through the Inflation Reduction Act (IRA) that is applicable for electric vehicles (EVs), Plug-In Hybrid Electric Vehicles (PHEVs), and Fuel Cell Electric Vehicles (FCEVs). See IRS’s index of qualified manufacturers and vehicles.

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Tax Credit Tax Tesla Purchase 73

Teslarati

FEBRUARY 12, 2024

Rivian has cut prices on two of its entry-level vehicle configurations ahead of the automaker’s launch of its next-generation vehicle next month. After Rivian added two new range options for the R1T and R1S last week, the electric truck and SUV maker has also cut prices on some of its lineup.

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Price Tax Credit Georgia Auto Industry 86

EV Life

JANUARY 11, 2024

Electric vehicles are becoming more and more common on the roads across the country. With climate change awareness increasing, gas prices continuing to climb, EV charging stations expanding, and tons of new EV options hitting the market each year, it’s no surprise that electric vehicle purchases are skyrocketing.

Tax Credit 52

Tax Credit Tax Colorado Tesla 52

Teslarati

AUGUST 25, 2023

As per a recent report, India is reportedly considering a policy that would reduce import taxes for automakers that are willing to produce some of their vehicles in the country. Tesla’s Model Y crossover, its best-selling vehicle, starts at $47,740 in the United States before tax credits.

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India Tax Tesla Tax Credit 67

Baua Electric

APRIL 22, 2024

More automakers are offering steep discounts on electric vehicle models. Kia and Genesis are two of the latest to slash EV prices with generous deals. Kia and Genesis are offering significant EV discounts Genesis is rapidly expanding in the US, outpacing most luxury brands with sleek all-electric vehicles.

Kia 52

Kia Price Tax Credit Lexus 52