Green Energy Consumers

MARCH 12, 2024

It's tax time! Since you've been engaged with Green Energy Consumers on clean energy upgrades like solar, electric cars, and heat pumps, we wanted to share the basics about claiming federal clean energy tax credits for 2023.

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Tax Credit Tax Clean Cleaning 92

Green Car Reports

DECEMBER 22, 2023

According to a report citing GM directly, the Chevy Bolt EV will be the only EV from the automaker qualifying for the full EV tax credit from Jan. Yes, that’s a model now out of production and set to be increasingly difficult to find at dealerships in 2024.

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Tax Credit Tax GM Cadillac 169

Green Car Reports

OCTOBER 9, 2023

The federal EV tax credit will shift to a point-of-sale dealership rebate in 2024, giving customers instant access to the credit, the U.S. Under current rules, buyers can't claim the credit of up to $7,500 for new vehicles and $4,000 for used vehicles until they file their taxes. Effective.

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Tax Credit Tax Sale Vehicles 163

Green Car Congress

NOVEMBER 7, 2022

The US Department of the Treasury and the Internal Revenue Service (IRS) have released three notices requesting public input on several tax credit provisions in the Inflation Reduction Act (IRA). These include: Credits for Clean Hydrogen Production (45V) and Clean Fuel Production (45Z) ( Notice 2022-58 ).

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Tax Credit Tax Clean Cleaning 199

Green Car Reports

DECEMBER 27, 2023

car dealerships have not registered to begin offering the federal EV tax credit at the point of sale when that option becomes available Jan. More than 7,000 dealerships have registered with the IRS to offer tax credits of up to $7,500 as point-of-sale rebates, the U.S. Treasury Department said Friday.

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Tax Credit Tax Dealers Sale 136

Green Car Reports

DECEMBER 14, 2023

Tesla expects the Model Y will no longer qualify for the full $7,500 federal EV tax credit in 2024. As noted by Electrek, the Tesla Model Y online configurator now includes a note stating that reductions in the tax-credit amount are "likely" after Dec.

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Tax Credit Tax Tesla 126

Green Car Reports

DECEMBER 4, 2023

The Department of Energy (DOE) on Friday issued proposed guidance on foreign battery content in EVs that could cut the federal tax credit for some models. 1, EVs are ineligible for the federal tax credit of up to $7,500 if they have key battery components. Starting Jan.

Tax Credit 125

Tax Credit Tax Batteries Battery 125

CleanTechnica EVs

JANUARY 2, 2024

Not only are tax credits dwindling. continued] The post Tax Credits Dwindle, Last Call For A $20,000 Chevy Bolt appeared first on CleanTechnica. With the new year rung in, some big changes are happening in the industry.

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Tax Credit Tax Industrial Industry 107

CleanTechnica EVs

DECEMBER 8, 2023

Earlier this month, Ford announced to dealers that the Mustang Mach-E would be losing access to the tax credits it. continued] The post Ford Mustang Mach-E To Lose Tax Credit in January appeared first on CleanTechnica.

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Tax Credit Tax Ford Dealers 113

CleanTechnica EVs

JANUARY 2, 2024

Not only are tax credits dwindling. continued] The post Tax Credits Dwindle, Last Call For A $20,000 Chevy Bolt appeared first on CleanTechnica. With the new year rung in, some big changes are happening in the industry.

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Tax Credit Tax Industrial Industry 104

Green Car Reports

JANUARY 25, 2024

4 electric crossovers on sale now are eligible for the full $7,500 federal EV tax credit, VW confirmed Wednesday in a press release. "Most" 2023 and 2024 Volkswagen ID.4 VW notes in the release that it's the first foreign automaker to qualify under tightened rules relating to battery supply that took effect at the start of the year.

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Tax Credit Tax Supplies Sale 135

Green Car Reports

OCTOBER 17, 2023

The made-in-Tennessee Nissan Leaf is eligible for the EV tax credit. This and more, here at Green Car Reports. Nissan electrifies the minivan around solid-state batteries. And Rivian aims to make towing more predictable.

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Tax Credit Tax Nissan Minivan 137

Green Car Reports

JANUARY 23, 2023

New federal EV tax credit rules have set price caps that are narrowing the field of qualifying EVs; but a leasing loophole is already opening up a much wider field eligible for federal subsidies The Inflation Reduction Act (IRA) re-upped the federal EV tax credit of up to $7,500 for qualifying vehicles.

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Tax Credit Tax Price Cars 168

Green Car Reports

DECEMBER 4, 2023

Fewer EVs with connections to China may soon be tax-credit-eligible. This and more, here at Green Car Reports. This morning, Green Car Reports. EVs still make up a tiny portion of the non-luxury market, yet a plunge in the raw materials needed for EV batteries could make them more affordable.

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Tax Credit Affordable Tax China 123

Green Car Reports

DECEMBER 14, 2023

And which Tesla models will keep the EV tax credit in 2024? This and more, here at Green Car Reports. Cadillac has revealed yet another electric SUV, on the way to a fully electric lineup. The Hyundai Ioniq 6 is one of our top picks of the year.

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Tax Credit Cadillac Tax Hyundai 125

Green Car Reports

DECEMBER 22, 2023

EV tax credit qualification gets murky in the new year. This and more, here at Green Car Reports. An even higher tariff on Chinese EVs is being considered. And the Lexus RZ EV gets a lower-priced base model with more range. The 2024 Lexus RZ 300e adds more driving range to the only EV in the Toyota luxury brand’s U.S.

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Tax Credit Lexus Tax Range 138

Green Car Reports

JANUARY 25, 2024

4 EV buyers will be able to claim the full EV tax credit. This and more, here at Green Car Reports. 4 models qualify for the $7,500 EV tax. Porsche puts a price on its electric SUV. And many VW ID.4 Volkswagen has confirmed that “most” 2023-2024 ID.4

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Tax Credit Tax Porsche SUV 116

Green Car Reports

DECEMBER 11, 2023

The EPA is very optimistic about the Tesla Cybertruck qualifying for the EV tax credit. This and more, here at Green Car Reports. The House votes on what appears to be a broad misunderstanding of proposed EPA rules. The Cybertruck pulled off a shift to 48 volts. And why didn’t some EVs and PHEVs make the cut?

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Tax Credit EPA Tax PHEV 124

Green Energy Consumers

FEBRUARY 7, 2024

Back in December, we wrote about how the rules for what electric vehicles (EVs) qualify for the federal tax credit were going to change in 2024. Those changes did kick in January 2024, but so did new rules about how to claim the federal tax credit that we hadn’t expected.

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Tax Credit Tax Electric Vehicles Vehicles 84

Green Car Reports

DECEMBER 22, 2022

Treasury Department has delayed release of full guidance on qualifications for the revised federal EV tax credit until March. The IRA re-upped the $7,500 federal EV tax credit and eliminated the previous 200,000-unit cap that a handful of automakers had already reached as of Jan.

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Tax Credit Tax Batteries Battery 150

Green Car Reports

DECEMBER 27, 2023

EV shoppers will soon need to ask the dealership some tough questions about the tax credit. This and more, here at Green Car Reports. EV battery recycling is already booming in China. And a drive in a very small EV reminds us what America is missing about them. In scaling up EV sales, is smaller still better?

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Tax Credit Tax Nissan Sale 121

Green Car Congress

AUGUST 9, 2022

The Inflation Reduction Act , which the Senate passed last week, revamps the electric vehicle Federal tax credit of $7,500 ( earlier post ). Among the changes are an extension of the tax credit through 2032, the removal of the unit-sales cap of 200,000 per OEM, and a new mandate for qualified cars being assembled in North America.

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Tax Credit Tax Convert Batteries 334

Baua Electric

APRIL 22, 2024

Both are eligible for the $7,500 EV tax credit, cutting the effective price for many households to just $37,130 and $42,130 respectively. The Model 3 also doesn’t qualify for the EV tax credit. In addition, the base Model Y RWD now undercuts the base Model 3 by $5,000 for the tax-credit-eligible.

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Tax Credit Tax Price Tesla 52

Green Car Reports

JULY 5, 2022

Toyota likely hit the ceiling for the EV tax credit. This and more, here at Green Car Reports. Retroactive discounts apply to the Chevrolet Bolt EV and EUV. Electric trucks could pull off the majority of fleet uses today at a cost advantage. Is the EV market on the verge of collapse over price pressures?

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Tax Credit Tax Toyota Market 194

Green Car Reports

AUGUST 4, 2021

The federal EV tax credit has thus far only been available for new vehicles, but legislation introduced last week in both houses of Congress could change that.

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Tax Credit Tax Congress Green 183

Innovation News Network

APRIL 2, 2024

The US Government has announced $4bn in tax credits for over 100 projects across 35 states to accelerate a domestic clean energy supply chain. The post US Government announces $4bn in tax credits to build clean energy supply chain appeared first on Innovation News Network.

Tax Credit 64

Tax Credit Tax Clean Cleaning 64

Green Car Reports

JANUARY 1, 2023

In the months even before we knew some used plug-in hybrids would be eligible for a $4,000 used EV tax credit, market interest in plug-in hybrids was on the rise, according to a recent pricing analysis.

Tax Credit 162

Tax Credit Tax Price PHEV 162

Green Car Reports

NOVEMBER 22, 2021

And will the EV tax credit include that union-made bonus? This and more, here at Green Car Reports. The House version of the Build Back Better Act passed last week includes a tax. Hybrids are hot for car thieves right now. Tesla owners quibble over an outage.

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Tax Credit Tax Hybrid MPG 191

Green Car Reports

AUGUST 7, 2022

Price caps included with a proposed revamped federal EV tax credit could put pressure on automakers to produce more affordable electric models, argues a new Bloomberg report. An extension of the $7,500 credit reportedly has a good chance of moving through the Senate.

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Tax Credit Affordable Tax Price 206

Green Car Reports

MAY 28, 2021

And will Americans be able to get up to $12,500 with a re-upped EV tax credit? This and more, here at Green Car Reports. Legislation currently advancing in the Senate includes a provision to give the EV tax credit a big. Safety agencies and consumer groups warn about Tesla Vision in the Model 3 and Model Y.

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Tax Credit Tax Texas Tesla 184

CleanTechnica EVs

NOVEMBER 28, 2022

Changes to the federal tax credit for electric vehicles have introduced lots of new provisions. Here's what we know so far.

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Tax Credit Tax Electric Vehicles Vehicles 136

Green Car Reports

FEBRUARY 3, 2023

Treasury Department on Friday announced an update on how vehicles will qualify as a car or an SUV under the revamped EV tax credit, now known as the clean vehicle tax credit.

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Tax Credit Tax SUV Price 124

Green Car Reports

AUGUST 13, 2021

Earlier this week the Senate voted to place price and household-income caps on the federal EV tax credit, as part of the $3.5 would eliminate tax credits for vehicles costing more than $40,000, and for households with more than. trillion budget framework currently undergoing negotiations.

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Tax Credit Tax Price Parts 197

Green Car Reports

JANUARY 27, 2023

Senator Joe Manchin this week introduced a bill seeking to delay federal EV tax credits, claiming the Treasury Department isn't adhering to recently enacted rules.

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Tax Credit Tax Vehicles 140

Green Car Reports

APRIL 12, 2023

by 2030, all of which will qualify for the full $7,500 federal tax credit under new Inflation Reduction Act (IRA) rules, the top U.S. Volkswagen plans to sell 25 all-electric models in the U.S. executive of VW said in an interview with Bloomberg (via Automotive News Europe). "We We have a great opportunity in the U.S.,"

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Tax Credit Tax America Europe 146

Green Car Reports

APRIL 20, 2023

4 models will qualify for the highest $7,500 federal EV tax credit amount under the latest rules, VW confirmed Wednesday in a press release. 4 to qualify for the full credit amount. All 2023 Volkswagen ID.4 Local assembly of U.S.-market 4 crossover SUVs, as well as local battery sourcing, help allow the ID.4

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Tax Credit Tax SUV Market 159

Green Car Reports

JULY 12, 2022

Purchase incentives are an important tool for increasing EV adoption, but the current federal tax credit may not be the most effective, according to a new George Washington University study.

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Tax Credit Tax Sale Washington 182