Remove Gore Remove Price Remove Tax Remove Tax Credit
article thumbnail

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.

article thumbnail

The US Treasury released EV charger tax credit guidance – here’s how to find out if you qualify

Baua Electric

Map: US Department of Energy The US Treasury Department released updated guidance on EV charger tax credit eligibility for individuals and businesses – we’re reposting this story because it’s tax season. so when the time comes to file your taxes, consult with a tax professional to confirm eligibility.)

article thumbnail

The US Treasury just released EV charger tax credit guidance – here’s how to find out if you qualify

Baua Electric

Map: US Department of Energy The US Treasury Department released updated guidance today on EV charger tax credit eligibility for individuals and businesses – here’s the lowdown. so when the time comes to file your taxes, consult with a tax professional to confirm eligibility.) a year ago).

article thumbnail

Are You Plugged In?

Revenge of the Electric Car

Answer: Al Gore is an investor in Fisker through venture-capital firm Kleiner Perkins Caufield & Byers. These vehicles are expected to range in price from about $40,000 to more than $100,000. All will qualify for a $7,500 federal tax credit. Connect the investor to the electric-vehicle developer: A. Tesla Motor.

Plug-in 140
article thumbnail

Inflation Reduction Act – How It Supercharges the Electric Vehicle Industry

EV Match

The IRA, which, in addition to its climate-centric provisions, includes important steps to curb healthcare costs, particularly in the form of inflated prescription drug prices, crack down on tax cheats and revitalize U.S. And what about changes to the EV tax credit? carbon sequestration (capture and storage, i.e.).