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81% of EVs Sold in 2023 Still Qualify for the Federal EV Tax Credit

EV Life

The Inflation Reduction Act of 2022 (IRA) introduced new guidelines for a federal EV tax credit aimed at helping qualified drivers purchase an electric vehicle. The tax credit is part of a broader plan to make 50% of new vehicles sold in the United States hybrids or plug-ins by 2030. dependence on China.

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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.

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GM adding more than 1,100 jobs, $14M to expand Cruise Automation self-driving operations in California

Green Car Congress

These investments will allow Cruise Automation to expand development of self-driving technologies that will transform personal mobility. Expanding our team at Cruise Automation and linking them with our global engineering talent is another important step in our work to redefine the future of personal mobility.

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Nonprofits Fueling the EV Industry

Clean Fleet Report

Inflation Reduction Act passed in August 2022 contains several points concerning EVs, including: Tax credits: Until 2032, buyers can receive a $7,500 tax credit on a list of approved American-made EVs. Used cars, commercial EVs and charging station equipment are also officially eligible for the credit.

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PHEVs Are A Great Solution For Many — But PHEV Incentives Need Fixing

EV Adoption

PHEVs are not the future: The other knock against PHEVs from the BEV purists is that plug-in hybrids are an outdated technology and form of powertrain. While pure electric (BEV) powertrains are clearly the future of personal transportation vehicles, in the near term PHEVs are actually the ideal solution for many people.

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Electric Vehicle Spotlight: Financing Chevrolet Equinox EV

EV Life

EV Tax Credit Equinox LT $30,000 250 miles 210 hp $7,500 Equinox RS $40,000 300 miles 290 hp $7,500 How to Save Money on Your Chevy Equinox EV Americans looking to save money on their EV purchase will find no shortage of programs designed to incentivize the switch to electric. Colorado Electric Vehicle Tax Credit.

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Stellantis EV battery plant building resumes then monetary trade in with executive

Baua Electric

MORE SUBSIDIES NextStar sought after extra executive aid then the US introduced in August 2022 pristine manufacturing tax credit for EV battery makers as a part of the IRA. regulation, battery makers get a tax credit score of U.S. $35 billion in incentives to create its personal EV battery plant in St. Thomas, Ont.