article thumbnail

Electric vehicle tax credits and rebates available in the US, sorted by state

Electrek

With more mainstream curiosity surrounding EVs, bolstered by a ten year extension in federal tax credits under the Inflation Reduction Act, there’s never been a more exciting time to buy an EV, and there has never been a wider selection of options to choose from. Luckily for you, we’ve broken it all down, state-by-state, below.

article thumbnail

Here’s every electric vehicle that currently qualifies for the US federal tax credit

Electrek

more… The post Here’s every electric vehicle that currently qualifies for the US federal tax credit appeared first on Electrek. Furthermore, new terms implemented January 1, 2023 limit the number of EVs that currently qualify based on a number of factors pertaining to local US manufacturing.

article thumbnail

Study finds EV buyers want rebates, not tax credits; government could have saved $2B

Green Car Congress

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.

article thumbnail

Here’s every electric vehicle that currently qualifies for the US federal tax credit

Electrek

more… The post Here’s every electric vehicle that currently qualifies for the US federal tax credit appeared first on Electrek. Furthermore, new terms implemented January 1, 2023 limit the number of EVs that currently qualify based on a number of factors pertaining to local US manufacturing.

article thumbnail

Colorado Electric Vehicle Tax Credit Rises to $5,000

EV Life

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. 4 , and more.

article thumbnail

How Do the Electric Vehicle Tax Credits Work?

Blink Charging

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).

article thumbnail

Here’s every electric vehicle that currently qualifies for the US federal tax credit

Electrek

more… The post Here’s every electric vehicle that currently qualifies for the US federal tax credit appeared first on Electrek. Furthermore, new terms implemented January 1, 2023 limit the number of EVs that currently qualify based on a number of factors pertaining to local US manufacturing.