Fleet SUV Tax Tax Credit 
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.
Green Car Congress
MARCH 13, 2012
AMP Electric Vehicles has been qualified by the IRS for the Federal Plug-in Electric Drive Motor Vehicle Credit of $7,500, which applies to retail and fleet buyers. Some states offer additional sales tax exemptions and zero emission tax credits of up to $5,000 that can also be applied to the purchase.
The Truth About Cars
NOVEMBER 29, 2023
The automaker is eying plans to move production of the flagship EQS electric SUV to Germany to make room at its Alabama facility for a higher-volume EV. Sources told Automotive News that the automaker is clearing the way for the GLC EV, an SUV scheduled to start production in early 2026.
Blink Charging
JANUARY 19, 2024
Although the $7,500 consumer tax credit for buying an electric car is becoming more restrictive for new vehicles adhering to specific manufacturing requirements , there’s a provision enabling consumers to still enjoy the credit when leasing an EV assembled outside of North America.
Baua Electric
JUNE 10, 2024
Federal fleet rules are going easier on trucks and SUVs than originally intended. The 2025 Polestar 3 seats five and stands out for ride and handling and overall build quality over the Tesla Model Y Performance, but at more than a $25,000 premium even before the Tesla’s tax credit, it should. mpg proposed in July 2023.
EV Life
OCTOBER 21, 2023
The most significant incentive, outlined in the Inflation Reduction Act of 2022 , comes in the form of a $7,500 tax credit for eligible drivers and vehicles. As with most government incentive programs, there are a lot of rules and restrictions regarding who qualifies for the credit. However, there’s a catch.
Electric Auto Association
SEPTEMBER 9, 2022
The Inflation Reduction Act (IRA) is a massive climate, health care, and tax bill with the overarching goal of slowing the rise in consumer prices that have been climbing at the fastest pace in approximately 40 years. This will support millions more low- and middle-income families than the original credit. history affects EV policy.
Expert insights. Personalized for you.
115 
Let's personalize your content