Electrek
OCTOBER 6, 2023
The IRS has just released new guidelines to enable dealers to take the $7,500 electric vehicle tax credit from the buyers and apply it directly to the purchase of new and used electric vehicles. It should make the experience a bit easier.
Green Energy Consumers
FEBRUARY 7, 2024
Back in December, we wrote about how the rules for what electric vehicles (EVs) qualify for the federal tax credit were going to change in 2024. Those changes did kick in January 2024, but so did new rules about how to claim the federal tax credit that we hadn’t expected.
Green Car Congress
JULY 9, 2022
A study by a team from the George Washington University finds that not all financial incentives are created equal in the eyes of prospective car buyers, and the current federal incentive—a tax credit—is, in fact, valued the least by car buyers. The current federal electric vehicle tax scheme is a pain.
Electrek
FEBRUARY 15, 2024
The new year rolled out a new plan where EV shoppers could get on-the-spot tax rebates when purchasing a new electric vehicle, with auto dealers then handling the paperwork and waiting to get reimbursed by the government.
The Truth About Cars
APRIL 3, 2024
As more electric vehicles hit the roads, states are grappling with the change in tax revenues they’re seeing as a result. EV buyers don’t pay gas taxes, slashing millions out of state highway budgets and making it hard to afford planned improvements.
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).
CleanTechnica EVs
JULY 11, 2022
New study finds the current tax credit scheme for encouraging electric vehicle purchases is less valuable to car buyers and less equitable WASHINGTON — Financial incentives play an important role in the widespread adoption of electric vehicles.
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