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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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How to Take Advantage of EV Charging Incentives for Fleets

Blink Charging

You can find incentives such as: Tax credits – These incentives lessen the amount of taxes that must be paid to the government for specific purchases. Grants – Lump sums of money for specific purposes that you do not have to repay. Grant award amounts vary and may cover up to 100% of the incremental AFV cost.

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Where to Start with EV Charging for Convenience Stores & Truck Stops

Blink Charging

Which type of chargers you decide to install will depend on your location, the surrounding amenities, available power, budget, and any necessary guidelines you need to follow to procure funding. Especially if there are no public EV chargers nearby, you may opt for Level 2 chargers that are compatible with all plug-in EVs.

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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?

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How Much is a Tesla? Much Less, After These Tax Credits and Rebates

EV Life

The reason for the price changes is due to several factors, including shifts in demand and changes to federal rules regarding which electric vehicles qualify for tax credits. In addition to the federal EV tax credit, we’ll examine the various state rebates and grants available to California drivers who qualify.

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EV Mythbusting: There’s No Place to Charge

Clean Fleet Report

Cities and states can apply for grants to build these new charging stations if they meet federal guidelines. Level 1—a standard 120-volt wall plug–is the slowest. All you need to do is plug the charger (which comes with most EVs) into the same outlets as you do for other appliances.

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Gas War: U.S. House Suggests Ending California Emissions Authority, White House Says Nope

The Truth About Cars

In May, CARB asked the EPA to approve its plan to require all new vehicles sold in the state by 2035 to be either electric or plug-in electric hybrids, setting the stage to ban automobiles using fossil fuels. The rules mandate that 35 percent of the new cars sold be plug-in hybrid electric (PHEV), EVs or hydrogen fuel cell by 2026.