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

Hyundai delivers first 2019 NEXO fuel cell SUV to US customer

Green Car Congress

Hochrad purchased his first hybrid car more than 15 years ago, and over the years has driven dedicated electric vehicles as well. His new NEXO will deliver about five times the driving range of his first all-electric car. The NEXO Blue model has an estimated range of 380 miles, 115 more than the Tucson Fuel Cell Electric Vehicle.

SUV 390
article thumbnail

Toyota will assemble Subaru 3-row EV in Kentucky, resources say

Baua Electric

The general meeting location and battery sourcing would possibly permit each automobiles to qualify for the total $7,500 federal tax credit score for purchases underneath the Inflation Aid Business, which neither the bZ4X or Solterra do. which is scheduled to start out manufacturing in 2025. Toyota has introduced investments of $5.9

article thumbnail

GM Reaffirms Commitment to Biofuels, Calls for Ongoing Commercialization and Infrastructure Support

Green Car Congress

The energy storage density of liquid fuels far exceeds that of batteries and hydrogen. We’re really excited about the complementary nature of biofuel and electric propulsion.”. GM also plans to make the Chevrolet Volt extended-range electric vehicle flex-fuel-capable about a year or so after it’s introduced. Source: GM.

GM 218
article thumbnail

60% of $18B in US clean energy tax credits 2006-2012 went to top 20% by income; 90% in the plug-in program

Green Car Congress

A working paper by a team at the Energy Institute at Haas, University of California, Berkeley, has found that 60% of the $18 billion in US federal income clean energy tax credits issued between 2006 and 2012—e.g., Electric Vehicle Credit. Average credit per tax return, by income level. billion (19.3%).

article thumbnail

EPA and NHTSA Issue Notice of Intent to Develop New Greenhouse Gas and Fuel Economy Standards for Light-Duty Vehicle Model Years 2017-2025; Proposal Expected by 30 Sep 2011

Green Car Congress

The technology pathways are intended to show the different cost impacts of achieving different levels of stringency, if the industry were to place more or less emphasis on hybrids, plug-in hybrids, and electric vehicles as compared to advanced gasoline technologies and vehicle mass reduction. hybrids, and electric vehicles.

article thumbnail

ARB Staff Posts Expert Review Reports of the ZEV Technical Analysis

Green Car Congress

The basic goal of the revised ZEV program should be to help demonstration-stage, low-GHG emitting technologies to commercialization, include fuel cell vehicles (FCVs); battery-electric vehicles (BEVs); and Enhanced AT PZEVs, which currently include plug-in HEVs (PHEV) and hydrogen internal combustion engine (HICE) vehicles, according to ARB staff.

Hydrogen 170