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How Do the Electric Vehicle Tax Credits Work?

Blink Charging

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. It does not act as a rebate (until 2024).

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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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Tesla one of few automakers retaining U.S. EV incentives after rule change

Teslarati

This includes Rivian’s R1S and R1T, Volvo’s S60 PHEV, BMW’s X5 xDrive45e, Volkswagen’s ID.4 4 and Audi’s Q5 TFSI eQuattro PHEV, Nissan’s Leaf hatchback, and even the freshly released Genesis GV70 Electrified. The new rules will take effect tomorrow, April 18th. What do you think of the article?

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How to Take Advantage of EV Charging Incentives for Fleets

Blink Charging

Between the United States federal government, state, and local governments; power companies and utilities; and air pollution control districts, there are hundreds of incentives for fleet owners to switch from internal combustion engine vehicles to electric vehicles (EVs). Where is Blink a verified supplier?

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China’s EV sector needs concrete revisions in the dual credit policy, not vague comments

China EV

Some pretty important statements regarding the future of China’s New Energy Vehicle market emerged from the just-concluded ChinaEV 100 Forum in Beijing. At the Forum, Miao Wei, minister of industry and information technology, said China is sticking to its goal of having NEVs represent 25 percent passenger vehicle sales in China by 2025.

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Exploring the adoption of EVs in the US, Europe and China; charging scenarios and infrastructure

Green Car Congress

Aspirational targets among seven countries participating in the Electric Vehicle Initiative would see growth from just under 2 million EV and PHEVs to just under 20 million by 2020. Source: “Electric Vehicle Grid Integration”. Spain has set a goal of 250,000 electric vehicles on the road by 2014. Click to enlarge.

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Using the PHEV (Plug-In Hybrid Electric Vehicle) to Transition Society Seamlessly and Profitably From Fossil Fuel to 100% Renewable Energy

Green Car Congress

The PHEV (Plug-in Hybrid Electric Vehicle), a subset of the electric car, combines a primary electric motor with a much smaller back-up engine fueled with a hydrocarbon/biofuel mix. (In In this paper PHEV refers solely to the long-range PHEV of 60 miles (100 km) electric-only range.) It is much more than that.

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