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Chevy Bolt EV discount, Toyota tax-credit phaseout, EV market collapse: Today’s Car News

Green Car Reports

Toyota likely hit the ceiling for the EV tax credit. Electric trucks could pull off the majority of fleet uses today at a cost advantage. Is the EV market on the verge of collapse over price pressures? Retroactive discounts apply to the Chevrolet Bolt EV and EUV. This and more, here at Green Car Reports.

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Tesla Semi will be incredibly affordable with US’ revamped EV tax credit

Teslarati

That’s higher than the cost of a comparable diesel-powered Class 8 truck, so the Tesla Semi would have to be very compelling to convince drivers and fleet owners to make the switch to electric. The post Tesla Semi will be incredibly affordable with US’ revamped EV tax credit appeared first on TESLARATI.

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AJR Trucking orders 50 Nikola Tre FCEVs; incentives bring rough cost parity with existing fleet

Green Car Congress

An additional $40,000 in federal tax credits is expected from the Inflation Reduction Act. Net of the various incentives, AJR Trucking anticipates rough cost parity with its existing fleet of trucks in its postal service and drayage operations. AJR Trucking, headquartered in Compton, has more than 500 trucks in its fleet.

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EV Tax Credits Clarified: Which Cars Get the Full Benefit?

Green Fleet Magazine

Only 16 models are now eligible for a full or partial tax credit, which will factor into the vehicle choices for private- and public-sector fleets as well as the vast American retail vehicle market.

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Motiv Power Systems introduces new medium-duty electric truck Argo

Green Car Congress

Motiv Power Systems announced the new Argo Series electric truck featuring a medium-duty EV cab designed from the ground up, with customer-driven miles and fleet owner feedback built in. The launch of Argo is a strategic step for Motiv intended to triple the company’s market size.

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Firefly & Hyundai Motor America create pilot program to offer rideshare fleets & drivers new vehicles with bonus income up to $3,600/year

Green Car Congress

Firefly, a fast-growing in-car and car-top mobility media company and a Google Ventures-backed startup, will collaborate with Hyundai in promoting its vehicles—including EVs—to rideshare fleets and drivers across key US cities. The program will be available everywhere Firefly is on the road.

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Your Guide to Electric-Vehicle Charging-Station Tax Credits

EV Connect

And thanks to a variety of tax credits and incentive programs, the barrier to entry may be lower than you think. On the federal, state and local levels, there are a plethora of tax credits for installing electric-vehicle charging stations. They include incentives for installing EV charging stations.