Green Car Reports

OCTOBER 17, 2023

The 2024 Nissan Leaf is now eligible for a $3,750 federal EV tax credit, Nissan confirmed Monday in a press release. The credit—half the maximum amount of $7,500—can be applied to any new 2024 Leaf models purchased and placed in service by Dec.

Tax Credit 142

Tax Credit Tax Nissan Purchase 142

Green Car Reports

DECEMBER 1, 2022

Some Tesla purchases will qualify for at least $3,750 off under the revamped EV tax credit starting January 1. But the automaker on Thursday started this rolling a little early—as a discount of $3,750 on its most popular Model 3 or Model Y electric cars.

Tax Credit 140

Tax Credit Tax Tesla Purchase 140

EV Adoption

FEBRUARY 23, 2021

On February 5, Mike Thompson , Chairman of the House Ways and Means Subcommittee on Select Revenue Measures announced the introduction of the Growing Renewable Energy and Efficiency Now (GREEN) Act (PDF). Buyers can claim a base credit of $1,250 for the purchase of qualifying used EVs, with additional incentives for battery capacity.

Tax Credit 98

Tax Credit Tax Sale Plug-in 98

Green Energy Consumers

JUNE 1, 2022

If you are looking to purchase an electric vehicle from Toyota, like the Toyota Prius Prime or the Toyota RAV4 Prime, you should know that the federal tax credit will soon start phasing out. Here’s what this means if you’re in the market!

Tax Credit 82

Tax Credit Tax Toyota Prius 82

Green Car Reports

JANUARY 17, 2024

And Tesla buyers can now get the $7,500 EV tax credit up front—if they qualify. This and more, here at Green Car Reports. Tesla has started applying the EV tax credit at the time of purchase—via its own website and affecting the up-front. Toyota pushes back about the viability of affordable EVs.

Affordable 129

Affordable Tax Credit Toyota Tax 129

Green Car Reports

FEBRUARY 11, 2018

Fears that Congress would kill the federal tax credit for purchase of a plug-in electric car were laid to rest in December when that incentive survived the $1.5 billion tax-cut bill.

Tax Credit 132

Tax Credit Tax Electric Motorcycles Congress 132

Green Car Reports

DECEMBER 14, 2017

income-tax credit for purchase of a plug-in electric vehicle will not be killed after all. We'll likely never know whether it was the influence of auto lobbyists, pressure from the actual public, or a letter signed by two dozen mayors. But however the sausage was made, it appears that the U.S.

Tax Credit 119

Tax Credit Tax Electric Cars Plug-in 119

Green Car Congress

MARCH 21, 2012

Colorado residents who purchase or lease a new Chevrolet Volt are eligible for a state tax credit of up to $6,000 in addition to a federal tax credit of up to $7,500 for a total price reduction of as much as $13,500. A tool to determine specific state or local electric vehicle tax credits is available here.

Tax Credit 231

Tax Credit Colorado Volt Tax 231

Green Car Congress

MARCH 10, 2022

This legislation would make the sale of E15 year-round permanent; create a tax credit for higher biofuel blends; streamline E15 labeling; provide funding for E15 infrastructure; extend the biodiesel tax credit for three more years; and ban imports of Russian petroleum products.

Tax Credit 333

Tax Credit Iowa Sale Production 333

Green Car Congress

MARCH 13, 2012

AMP Electric Vehicles has been qualified by the IRS for the Federal Plug-in Electric Drive Motor Vehicle Credit of $7,500, which applies to retail and fleet buyers. Some states offer additional sales tax exemptions and zero emission tax credits of up to $5,000 that can also be applied to the purchase.

Tax Credit 218

Tax Credit Tax Jeep SUV 218

Green Car Reports

JULY 12, 2018

Tesla's vehicle purchase incentives web page on Thursday morning reported that the wind-down of incentives for buyers of its cars has begun. Following the change, Tesla buyers will only be eligible to receive the full $7,500 federal tax credit until Dec. After that, the credits will halve.

Tax Credit 107

Tax Credit Tax Tesla Wind 107

Green Car Reports

FEBRUARY 12, 2014

Legislation proposed by Representative Chuck Martin last Thursday night would end the $5,000 electric-vehicle tax credit by April 1, the Atlanta Business Chronicle reports. The credit--among the highest offered by any state--applies to new electric-car purchases or.'

Tax Credit 137

Tax Credit Georgia Purchase Tax 137

Green Car Reports

AUGUST 2, 2017

federal income-tax credit for purchase of an electric car has seen its share of attacks over the years. Now a new video seeks to twist the facts to paint those subsidies in a bad light.

Tax Credit 107

Tax Credit Tax Electric Cars Cars 107

Green Car Reports

JANUARY 29, 2018

Several years ago, Georgia offered a generous state-tax credit for purchase of a zero-emission vehicle, and its sales of electric cars boomed.

Tax Credit 105

Tax Credit Georgia Tax Electric Cars 105

Green Car Reports

FEBRUARY 22, 2018

market without the $7,500 federal tax credit for their purchases of plug-in vehicles. While the tax credit ended up surviving the massive tax-cut bill passed in December, some automakers are still about to face the end of the incentive. As designed and implemented in.

Tax Credit 80

Tax Credit Tax Electric Cars Sale 80

Green Car Reports

DECEMBER 19, 2017

The tax reform bill likely to be voted on by the U.S. Senate and House of Representatives retained a number of provisions originally slated to be cut from the tax code. Among them was the federal income-tax credit for purchase of a plug-in electric vehicle.

Tax Credit 91

Tax Credit Tax General Motors Electric Cars 91

Green Car Reports

NOVEMBER 13, 2017

income-tax credit for purchase of an electric car took a new turn on Thursday. HR1, the draft Tax Cut and Jobs Act introduced in the House of Representatives, would end the credit as of December 31. Senate version of the tax-reform bill introduced late Thursday, however, retains the credit.

Tax 118

Tax Purchase Tax Credit Electric Cars 118

Green Car Reports

JANUARY 16, 2018

Rather to the surprise of electric-car advocates, the massive tax bill passed by the U.S. Congress in December did not eliminate the federal tax credit for purchase of a plug-in electric vehicle. That credit lets buyers take a credit of $2,500 to $7,500 on their income-tax filing in the year of purchase.

Tax Credit 79

Tax Credit Tax Electric Cars Congress 79

Green Car Reports

DECEMBER 23, 2014

Tax incentives have proven to be an important way to encourage adoption of new green vehicles, offsetting some of the typically-higher purchase costs compared to conventional costs. Yet just as Toyota prepares to launch its 2016 Mirai fuel-cell car, a tax credit for hydrogen vehicles has expired due to inaction by Congress.

Tax Credit 121

Tax Credit Congress Tax Hydrogen 121

Green Car Congress

MARCH 13, 2012

California buyers of the Ford Focus Electric will be able to receive up to $10,000 in tax credits ($2,500 state, $7,500 federal) and enjoy high-occupancy vehicle lane (HOV) access after the car was just approved for California’s Clean Vehicle Rebate Program ( CVRP ). 3 and 7, respectively, for the worst congestion in the US.

Tax Credit 225

Tax Credit Los Angeles Tax California 225

Green Car Reports

JUNE 26, 2014

Early this year, we wrote about efforts in the Georgia state legislature to kill the state''s $5,000 income-tax credit for purchasing a battery-electric vehicle. While this.'

Tax Credit 149

Tax Credit Georgia Tax Atlanta 149

Green Car Reports

DECEMBER 1, 2013

More specifically, at least, you''ll have to get it up and running by December 31 this year in order to take advantage of a Federal income-tax credit of 30 percent of the cost of purchase and installation. The credit.'

Tax Credit 149

Tax Credit Tax Electric Cars Re-Charge 149

Green Car Congress

SEPTEMBER 1, 2020

US respondents are split when it comes to when they’ll consider purchasing an EV. US respondents are most likely to buy an EV if the government offers a federal/state tax credit. India illustrates the most contrast, with 87% of respondents saying they would purchase an EV if they were the same price as other cars.

Tax Credit 186

Tax Credit Global Vehicles Tax 186

Green Car Congress

MARCH 30, 2023

The first evidence can be seen in consumer interest in the Ford Mustang Mach-E and the Tesla Model Y following the reclassification of both vehicles as SUVs, which made them eligible for a $7,500 federal tax credit under the Inflation Reduction Act. Consumers responded immediately with a 3.4

Price 404

Price Power Powered Tax Credit 404

Green Car Reports

MAY 8, 2019

The growth came not only as Tesla's production blew through its allotment of federal tax credits, but also as changes based on the 2017 tax law raised many taxpayers' tax bills, come last month. Electric-car sales skyrocketed in the U.S. last year as Tesla Model 3 production ramped up.

Tax 95

Tax Tax Credit Purchase 2017 95

Green Car Congress

DECEMBER 23, 2022

Upon final HVIP approval, purchasers of the Nikola Tre FCEV in 2023 will be able to qualify for a base incentive valued at $240,000 per truck; $270,000 per truck for drayage fleets; or up to $288,000 per truck for fleets with (i) 10 trucks or less, (ii) performing drayage operations, and (iii) located within a disadvantaged community area.

Scrappage 435

Scrappage Tax Credit Purchase California 435

Baua Electric

JANUARY 17, 2024

And Tesla buyers can now get the $7,500 EV tax credit up front—if they qualify. This and more, here at Green Car Reports. Tesla has started applying the EV tax credit at the time of purchase —via its own website and affecting the up-front amount buyers will need to pay when buying a new Tesla.

Affordable 98

Affordable Toyota Tax Credit Tesla 98

Green Car Congress

APRIL 8, 2022

million over four years to launch a new purchase incentive program for medium- and heavy-duty ZEVs to help businesses upgrade their fleets. The introduction of a new 30% Critical Mineral Exploration Tax Credit for specified mineral exploration expenses incurred in Canada and renounced to flow-through share investors.

Canada 468

Canada Tax Credit Nickel Lithium Tax 468

Green Car Congress

MAY 3, 2023

Customers can still include a 3-year subscription as part of the vehicle purchase, if they prefer. MSRP excludes destination/delivery fee, optional equipment plus government fees and taxes, any finance charges, any dealer processing charge, any electronic filing charge, and any emission testing charge. The new features of BlueCruise 1.2

Standards 417

Standards Range Ford Price 417

Green Car Reports

MARCH 27, 2015

State tax credits and purchase rebates have proven effective in kickstarting the early market for plug-in electric cars and other green vehicles. Green Georgia Illinois Texas incentives plug-in cars rebates state laws tax credit' Then there''s Texas, where a. Then there''s Texas, where a.

Tax Credit 60

Tax Credit Texas Tax Georgia 60

Green Car Reports

MARCH 20, 2018

Today, we've got a long and detailed summary of what we learned about Porsche's Mission E and future electric cars, some new lobbying partners to extend the plug-in purchase tax credit, and our latest Twitter poll. All this and more on Green Car Reports.

Tax Credit 63

Tax Credit Porsche Tax Future 63

Green Car Congress

FEBRUARY 28, 2012

Designed to promote the use of Zero Emissions Vehicles (ZEV) and related clean vehicle technologies, the CVRP is a consumer incentive made available in addition to a $2,500 Federal Tax credit. These grants are available when a vehicle is either purchased or leased for 36 months or longer.

Tax Credit 231

Tax Credit Prius Plug-in Rhode Island 231

The Truth About Cars

JANUARY 11, 2024

Companies often tout their green initiatives as a way to drum up new business, but the expensive reality of investing in EVs and other technologies isn’t always clear up front. Hertz found that out the hard way, as it aggressively invested in new EVs for its rental fleet a couple of years ago, only to begin selling them off in 2024.

Fleet 102

Fleet Tax Credit Tax Sale 102

Green Car Congress

FEBRUARY 8, 2023

Customers will also be eligible for a $40,000 clean commercial vehicle tax credit from the federal government due to the passage of the “Inflation Reduction Act”. The Tre BEV started serial production in March 2022 and is available for purchase and delivery now.

Tax Credit 150

Tax Credit Los Angeles Long Beach Scrappage 150

Green Car Congress

JANUARY 29, 2009

Buyers of a new 2010 Fusion Hybrid or Mercury Milan Hybrid this year will qualify for a $3,400 tax credit. The credit amount is based on a vehicle’s potential fuel efficiency. The 2009 Escape and Mariner Hybrid FWD models qualify for a $3,000 tax credit; 4WD models $1,950. Ford Hybrid Tax Credit Amounts.

Tax Credit 150

Tax Credit Fusion Tax 2010 150

Green Car Reports

OCTOBER 8, 2015

Buyers of various Volkswagen TDI diesel vehicles took about $50 million in Federal income-tax credits in 2009 for the purchase of their supposedly green car.

Tax Credit 60

Tax Credit Tax Diesel Congress 60

Plugs and Cars

DECEMBER 8, 2010

From Plug In America: Last year, Plug In America, along with electric vehicle and EV infrastructure manufacturers from coast to coast, worked with members of the House and Senate to get a critical plug-in vehicle infrastructure tax credit into the stimulus bill. And then you helped us get it passed!

Tax Credit 113

Tax Credit Tax Plug-in America 113