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Colorado buyers of Chevy Volt eligible for $13,500 in tax credits

Green Car Congress

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.

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Proposed California Bill SB-233 Mandates Bidirectional Charging for EVs to Advance Grid and Climate Protection

Driivz

The bill, SB-233 , aims to advance grid resilience and protect the climate by using EVs as “batteries on wheels,” tapping their stored energy to balance electricity supply and demand rather than bringing high-polluting peak generators online. Vehicle-to-building works much the same way but on a larger scale.

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Canada, US and Mexico commit to align light- and heavy-duty fuel efficiency and GHG standards out to 2025 and 2027, respectively

Green Car Congress

As part of that effort, the leaders committed to reduce greenhouse gas (GHG) emissions from light- and heavy-duty vehicles by aligning fuel efficiency and/or GHG emission standards out to 2025 and 2027, respectively. In addition, the SmartWay freight transportation program will be extended to Mexico.

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NY state launces series of initiatives to encourage adoption of EVs

Green Car Congress

Further to incentivize the purchase and use of electric vehicles in New York, the Public Service Commission has acted to allow residential customers, through time-of-use rates, to charge their vehicles during off-peak hours without the risk that they will pay more than standard rates.

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Ford unveils F-150 Lightning electric pickup; starting at $39,974; arriving in 2022

Green Car Congress

F-150 Lightning offers a standard-range battery targeting 230 miles of EPA-estimated range and an extended-range battery targeting 300 miles of EPA-estimated range. This can help save money on electricity that powers your vehicle and home while also taking pressure off the grid in peak usage times. Standard on base trims is 2.4

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The Electrifying Opportunities for EVs in 2024  

Clean Fleet Report

The coming year will also present commercial fleets with the opportunity to electrify at a discount through Clean Commercial Vehicle Credits. Medium and heavy-duty vehicles may take advantage of tax credits up to $40,000, while credits of $7,500 may be awarded for smaller light-duty commercial vehicles. [6] 6] The U.S.

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Electrification Coalition Roadmap Calls for 75% of Light-Duty Vehicle Miles Traveled in the US to Be Electric by 2040

Green Car Congress

Achieving this will require a minimum of 25% of new light-duty vehicles purchased in the US to be grid-enabled vehicles (GEV) by 2020. This is defined as the point at which grid-enabled vehicles represent 25 percent of new LDV purchases. The Electrification Roadmap calls for 75% of light-duty VMT in the US to be electric by 2040.

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