Green Car Reports

OCTOBER 6, 2022

Vermont will pay residents to retire gas-guzzlers and switch to EVs. And the IRS is moving fast on sourcing rules for the new EV tax credit. Ford F-150 Lightning prices rise, again. This and more, here at Green Car Reports. Ford has once again hiked the price of the Ford F-150 Lightning.

F-150 103

F-150 Tax Credit Vermont Tax 103

EV Adoption

AUGUST 18, 2021

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). Elimination of the Manufacturer 200,000 EVs Sold Phaseout Threshold.

Tax Credit 111

Tax Credit Tax Manufacturer Parts 111

Teslarati

FEBRUARY 3, 2023

Tesla’s complete lineup of Model Y trim levels now qualifies for electric vehicle tax credits through the Inflation Reduction Act, as the Internal Revenue Service (IRS) has increased the applicable MSRP limit to $80,000 across each of the all-electric crossover’s configurations.

Tax Credit 84

Tax Credit Tax Tesla SUV 84

EV Life

APRIL 7, 2023

It’s no secret that the average sticker price on an EV is a whopping 33% more than a comparable gas-powered vehicle, which can be a significant deterrent for many potential car buyers. Any unused funds are not available as a refund or to be used on the following year’s taxes.

Tax Credit 52

Tax Credit Tax Tesla Purchase 52

Green Car Reports

JUNE 27, 2019

The possibility of an extension for the $7,500 federal EV tax credit has recently intensified lobbying efforts in Washington D.C.—and —and pitted the efforts of the auto industry soundly against those of the oil and gas industry. So reports the Washington Post.

Tax Credit 94

Tax Credit Tax Oil Washington 94

Green Car Congress

MARCH 21, 2012

Colorado residents who purchase or lease a new Chevrolet Volt are eligible for a state tax credit of up to $6,000 in addition to a federal tax credit of up to $7,500 for a total price reduction of as much as $13,500. A tool to determine specific state or local electric vehicle tax credits is available here.

Tax Credit 231

Tax Credit Colorado Volt Tax 231

Green Car Reports

JUNE 28, 2019

Tesla faces another drop in tax-credit eligibility for its cars on Monday. And BMW says gas engines won't go away any time soon. The federal tax credit on Teslas is. The company is also reportedly working to develop its own batteries. Automakers are concerned they won't be able to sell enough EVs in Europe.

Tax Credit 67

Tax Credit Tax BMW Europe 67

Teslarati

JUNE 6, 2023

The Tesla Model 3 just became less expensive than the price of the Toyota Camry in California thanks to the company’s confirmation that each of the all-electric sedan’s trim levels qualifies for the full $7,500 tax credit. ALSO READ: Tesla Model Y price cuts have brought costs below U.S.

Tax Credit 145

Tax Credit California Toyota Tax 145

Green Car Congress

JANUARY 25, 2012

Sherrod Brown (D-OH), would extend the advanced energy manufacturing tax credit (48C credit). The program provides investment tax credits of 30% for facilities that manufacture energy equipment. The SEAM Act is also cosponsored by Senators Debbie Stabenow (D-MI), Maria Cantwell (D-WA), and Bob Casey (D-PA).

Tax Credit 186

Tax Credit Tax Manufacturer Energy 186

The Truth About Cars

APRIL 23, 2024

At around $70,000 to start, the brand’s R1T pickup and R1S SUV are out of reach for most buyers, even after the $3,750 federal tax credits for some models. Oh, and you’ll have to trade in a gas vehicle to get the price cut. Finally, only a handful of gas vehicles are eligible for the trade-in offer.

Gas 101

Gas Tundra F-150 2018 101

InsideEVs

FEBRUARY 15, 2024

issued $135 Million in EV tax credits so far in 2024. Plus, Ford calls Chinese EVs a "colossal" threat and the U.S.

Sacramento 75

Sacramento Tax Credit Gas Tax 75

Green Car Reports

DECEMBER 31, 2022

Which states recently joined California in banning gas-only vehicles by 2035? Which automaker revealed one of the most aerodynamic SUVs in the world? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending December 30, 2022.

Tax Credit 129

Tax Credit Tax Green Cars Motor 129

Electrek

MARCH 9, 2023

Rebates and tax credits might need a tweak to incentivize consumers to fully switch to electric vehicles – here’s what a new study found. more… The post This is what it might take to get everyone to stop driving gas cars appeared first on Electrek.

Tax Credit 96

Tax Credit Gas Tax Gas-Electric 96

InsideEVs

JANUARY 11, 2024

Hertz is moving these out to buy more gas-powered cars. Factor in the tax credit and you can get a screaming deal.

Tax Credit 114

Tax Credit Tax Buy Gas 114

Green Car Congress

JULY 24, 2012

Its eligibility for a $3,750 federal tax credit drops that to $29,995. Both Prius Plug-in models qualify for a federal tax credit of $2,500. C-MAX Energi also is expected to qualify for additional tax credits up to $1,500 in California. The base MSRP for the Prius Plug-in Hybrid is $32,000.

Tax Credit 268

Tax Credit Plug-in Tax Ford 268

Electrek

AUGUST 15, 2023

On top of the federal $7,500 EV tax credit and potential local or regional credits, this means some new EV buyers can get $17,000 or more back on the purchase of a new EV. more… The post Ditching gas just got more affordable for low-income EV buyers in California appeared first on Electrek.

Affordable 68

Affordable California Tax Credit Gas 68

Green Car Congress

JANUARY 29, 2009

Buyers of a new 2010 Fusion Hybrid or Mercury Milan Hybrid this year will qualify for a $3,400 tax credit. The credit amount is based on a vehicle’s potential fuel efficiency. The 2009 Escape and Mariner Hybrid FWD models qualify for a $3,000 tax credit; 4WD models $1,950. Ford Hybrid Tax Credit Amounts.

Tax Credit 150

Tax Credit Fusion Tax 2010 150

Green Car Congress

SEPTEMBER 1, 2020

Global findings reveal more optimism for EVs—just 6% of Chinese respondents and 4% of Indian respondents will wait to buy an EV until gas-powered vehicles cease production. US respondents are most likely to buy an EV if the government offers a federal/state tax credit.

Tax Credit 186

Tax Credit Global Vehicles Tax 186

Green Car Congress

JANUARY 11, 2023

Combined, the alliance solution enables the production of hydrogen from natural gas with a lifecycle carbon intensity of 0 kgCO 2 e / kgH 2. The alliance pairs Topsoe’s hydrogen process portfolio with FidelisH2 technology for reduction of lifecycle carbon emissions in hydrogen production.

Hydrogen 199

Hydrogen Carbon Tax Credit Energy 199

Green Car Congress

FEBRUARY 3, 2023

EIA said that two factors behind growing US renewable diesel capacity are rising targets for state and federal renewable fuel programs and biomass-based diesel tax credits. The “Inflation Reduction Act” extended the biomass-based diesel tax credits through 2024.

Renewable 195

Renewable Diesel Montana Tax Credit 195

Green Car Reports

NOVEMBER 25, 2015

equipped with "defeat device" software, a new transportation bill may enable tax credits for natural-gas vehicles, and a Fiat 500e gets dressed up like a Star Wars Stormtrooper. Today, Volkswagen proposes a fix for the 482,000 2.0-liter liter diesel cars in the U.S. All this and more on Green Car Reports.

Tax Credit 60

Tax Credit Tax Diesel Gas 60

Green Car Reports

DECEMBER 29, 2014

It extended the tax credits for electric-car charging stations and natural-gas-vehicle refueling stations, which should make owners of those vehicles happy. DON''T MISS: Tax.'

Tax 143

Tax Tax Credit Gas 2014 143

Green Car Congress

JANUARY 18, 2023

This factor measures the total cost of ownership of an EV compared with the ICE segment average (after tax credits, rebates, incentives, operating costs and residual values—for both purchase and lease transactions). Affordability. Infrastructure.

Power 199

Power Powered Gas Vehicles 199

Green Car Congress

OCTOBER 18, 2022

Carbon capture, utilization and storage (CCUS) is a key technology needed to decarbonize hard-to-abate sectors such as petrochemicals and cement, and to provide 24/7 clean power through gas plants fitted with capture equipment. Legislators have recognized this mismatch and are ramping up their support for the industry.

Carbon 293

Carbon Global Tax Credit Wyoming 293

Baua Electric

MARCH 27, 2024

Credit: Tesla The Inflation Reduction Act (IRA) is a “free electric bank account with your name on it.” It’s packed with rebates and tax credits that will help Americans purchase everything from EVs to solar and electrical appliances to heat pumps. We bought a US-made 2023 Volkswagen ID.4 More often than not, I fill them in.

Tax Credit 52

Tax Credit Tax Pennsylvania Solar 52

The Truth About Cars

JANUARY 11, 2024

Consumer Reports found that EVs are typically less reliable than comparable gas models, which could cause repair costs to pile up over time. Hertz will see about a $245 million expense from the sale in the fourth quarter of 2023. Demand for EVs continues to grow, although far slower than many had hoped.

Fleet 106

Fleet Tax Credit Tax Sale 106

CleanTechnica EVs

AUGUST 11, 2022

Enticing tax credits, expanded car model options, and high gas prices are all contributing to an increased number of consumers making the switch from a gas vehicle to an EV.

Tax Credit 132

Tax Credit Commercial Tax Charging 132

Green Car Reports

JUNE 29, 2019

Who made a new appearance as a pitchman for gas guzzlers? What company says gas and diesel engines will live on for decades—even as it pulled forward plans to build more electric cars? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending June 28, 2018.

Tax Credit 74

Tax Credit Gas Tax BMW 74

Green Car Congress

DECEMBER 18, 2010

4853 , the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (“Middle Class Tax Relief Act of 2010”). The bill extends the Volumetric Ethanol Excise Tax Credit (VEETC) through 2011 at the current rate of $0.45/gallon gallon credit for small agri-biodiesel producers through 2011.

Tax 231

Tax Tax Credit Fuel Coal 231

Green Car Congress

JANUARY 9, 2010

billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the United States. It is designed for on-road service trucks to provide a quick charge to stranded battery electric vehicles similar to an “out-of-gas” situation. President Obama announced the award of $2.3

Tax Credit 210

Tax Credit Obama Tax Clean 210

CleanTechnica EVs

AUGUST 3, 2022

Last week, Senators Schumer and Manchin announced a compromise on a reconciliation bill, called the Inflation Reduction Act of 2022, that includes significant climate and air quality progress and a goal to reduce greenhouse gas emissions nationwide by 40 percent by 2030.

Purchase 139

Purchase Congress Tax Credit Commercial 139

Green Car Reports

FEBRUARY 15, 2012

And in it, he followed through on a promise from his State of the Union address last month, by proposing to cut up to $4 billion in subsidies to the oil and gas industry. The budget also suggested that the tax credit for.

Tax Credit 109

Tax Credit Obama Tax Plug-in 109

Green Car Congress

MARCH 8, 2010

A new study from the Harvard Kennedy School’s Belfer Center for Science and International Affairs finds that reducing greenhouse gas emissions from transportation will be a much bigger challenge than many assume, and will require substantially higher fuel prices combined with more stringent regulations. —Morrow et al.

Tax Credit 220

Tax Credit Tax Emissions Fuel 220

Green Car Congress

MAY 3, 2023

An additional $40,000 in federal tax credits is expected from the Inflation Reduction Act. AJR Trucking pioneered some of the first compressed natural gas (CNG) trucks in operation for the USPS and in 2022 placed the largest order for Class 8 battery-electric vehicles from Kenworth to date. and Santa Clarita, Calif.

Fleet 322

Fleet Los Angeles Kenworth Long Beach 322

Baua Electric

JANUARY 22, 2024

The Biden administration will use a broad legal interpretation to provide tax credits to EV charging projects in a large swath of the country. The Treasury Department on Friday released additional guidance providing more specific information on what projects will qualify for the revived 30C tax credit. population.

Tax Credit 52

Tax Credit Charging Re-Charge Charlotte 52

Teslarati

JANUARY 11, 2024

.” Some of the vehicles were listed on Hertz’s website for as little as $17,700 before tax credits could be applied. Hertz now selling former Tesla rentals at bargain prices Currently, the maximum tax credit on a used EV is $4,000, so these Tesla Model 3 units that Hertz is selling could fall under $14,000.

Fleet 122

Fleet Tax Credit Tax Purchase 122

Green Car Congress

DECEMBER 11, 2009

The US House of Representatives has passed the “Tax Extenders” Bill (HR4213) by a vote of 241 - 181. Tax rules relating to sales required to implement federal and state restructuring policy for qualified electric utilities. The “Tax Extenders” Bill will now go to the Senate.

Tax 186

Tax Tax Credit Alternative Fuels Gas-Electric 186