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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. The good news is that there are now tax credits for individuals and businesses that buy or lease a new or used electric vehicle! First, the easy part: How do I claim the $7,500 EV tax credit?

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What EV Drivers Should Know About Leasing an EV This Year

Blink Charging

Electric vehicle (EV) adoption is increasing. Cox Automotive forecasts a notable surge in electric vehicle adoption, projecting a rise from 7.6% million domestic sales, to an anticipated 10% by the close of 2024 in the U.S. Here’s what you need to know about using the EV tax credit to lease your new electric vehicle.

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2017 Cadillac CT6 Plug-In Hybrid on sale in US in spring 2017; ~30-mile electric range

Green Car Congress

Cadillac will put the 2017 CT6 Plug-In Hybrid ( earlier post ) sedan on sale in the US in the spring of 2017, with a total driving range of more than 400 miles. All-electric range for the CT6 Plug-In Hybrid is an estimated 30 miles. Each electric motor produces 100 hp (74.5 —Cadillac President Johan de Nysschen.

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Study finds car dealerships pose significant barrier to EV adoption

Green Car Congress

A new study by a team from Aarhus University in Denmark has found that car dealerships pose a significant barrier to electric vehicle adoption at the point of sale due to a perceived lack of business case viability in relation to gasoline and diesel vehicles. Only three North America-focused studies exist as of 2017.

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Audi banking on Gen 2 3.0L TDI diesel for US sales; calls for a “fair shot” for diesel

Green Car Congress

. “ If we are going to reward efficiency, and that’s the goal ,” said Joe Jacuzzi, Chief Communications Officer, Audi of America in opening remarks, “ then diesel really needs a fair shot. Not only is it more powerful and contains up to 30% better efficiency than traditional gasoline, etc. Earlier post.).

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Kinder Morgan to purchase El Paso for approximately $38B to form largest natural gas pipeline network and largest midstream energy enterprise in North America

Green Car Congress

(KMI) and El Paso Corporation on Sunday announced a definitive agreement whereby KMI will acquire all of the outstanding shares of EP in a transaction that will create the largest midstream and the fourth-largest energy company in North America with an enterprise value of approximately $94 billion and 80,000 miles of pipelines.

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Hyundai Offering Free Chargers to EV Buyers, Swelling Industry Incentives

The Truth About Cars

Hyundai is offering customers willing to buy an all-electric vehicle a Level 2 home charger for no extra cost. While the ChargePoint device is framed as being free, it does require the purchase of a new automobile through the automaker’s captive finance arm Hyundai Capital America. or from a free-trade agreement partner.

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