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New Jersey marks up EV ownership with additional $1,000 fee

Baua Electric

Similar arguments have been made in other states, as road maintenance is typically covered by gas taxes. New Jersey does offer some EV purchase incentives, but as with other state incentive programs, they’re generally only available for part of the year before funding runs out.

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Hyundai Ioniq 6 deal, affordable Honda and Toyota EVs, Civic and Elantra hybrids: The Week in Reverse

Baua Electric

How can you claim up to $7,500 off some new Tesla models at the time of purchase? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending. With $7,500 of “retail bonus cash”—a rebate on purchases, not leases–the 2024 Hyundai Ioniq 6 is much cheaper than the Tesla Model 3.

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2024 Hyundai Ioniq 6 undercuts Tesla Model 3 by more than $9,000

Baua Electric

A dealer bulletin shows that all versions of the 2024 Ioniq 6 are eligible for $7,500 in “retail bonus cash”—a rebate that can essentially be applied only to purchases, and not with Hyundai’s current low-interest financing, CarsDirect notes. and starts at $40,380 including destination.

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China removes sales tax for electric cars

Green Cars News

Electric cars in China will be exempt from purchase tax, as part of new measures from country’s government to boost electric vehicle uptake. Buyers of so-called new energy vehicles; electrics, plug-in hybrids and fuel vehicles will avoid paying the 10 per cent purchase tax that usually applies to [.].

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New UK Report Welcomes Moves to Promote Green Cars but Stresses Importance of Policies to Reduce Car Use

Green Car Congress

Policies could have a large impact through reducing the need to travel and promoting walking, cycling, public transport and efficient driving, as well as encouraging low carbon cars. The report reviews policies that bear upon two categories of choice: travel choices such as how and how far to travel and vehicle purchase choices.

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Car tax changes boost for low emission cars

Green Cars News

A tightening of company car tax thresholds introduced this week should help boost sales of the lowest emission cars in the UK. Cars must now emit 130g/km of CO2 or less to benefit from the most generous level of capital allowance of 18 per cent against new car purchases, reduced from 160g/km CO2.

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BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

Green Car Congress

Significant public messaging from the government on EVs has yet to lead to either promised breakthroughs in battery technology or significant sales outside of public fleets. Combined, EVs and hybrids could reach 15% of aggregate new-car sales in the four major markets—Europe, North America, China, and Japan—in 2020.

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