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Cars assembled outside NA may qualify for EV tax credit, per new IRS note

Electrek

The US Treasury has released new guidelines on the electric vehicle tax credit in the Inflation Reduction Act , which seem to suggest that leased vehicles can qualify for the EV tax credit even if they were assembled outside of North America, Reuters reports.

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US Treasury delays EV battery guidance, more vehicles could qualify for 2023 tax credits

Electrek

The United States Treasury department announced it will delay its guidance in regard to the sourcing requirements for battery materials in order for EVs to qualify for federal tax credits. The post US Treasury delays EV battery guidance, more vehicles could qualify for 2023 tax credits appeared first on Electrek.

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You will soon get up to $7,500 EV tax credit at purchase rather than a return

Electrek

The IRS has just released new guidelines to enable dealers to take the $7,500 electric vehicle tax credit from the buyers and apply it directly to the purchase of new and used electric vehicles. more… The post You will soon get up to $7,500 EV tax credit at purchase rather than a return appeared first on Electrek.

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The IRS Answers All Your EV Tax Credit Questions — Sort Of

CleanTechnica EVs

In an effort to clear up confusion about the new federal tax credit for electric cars, the IRS has issued new guidelines for taxpayers.

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New Electric Vehicles Qualify for Federal Tax Credit

Green Energy Consumers

As spring 2024 unfolds, we have some good news: more vehicle models are now eligible for the federal tax credit than when the list changed on January 1. Department of Energy recently released a new list of EVs that receive between $3,750 and $7,500 in federal tax credit.

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Government of Canada releases framework for ending fossil fuel subsidies

Green Car Congress

Putting the Assessment Framework and Guidelines into force will ensure any government supports for the sector will not delay the transition to renewables, are in compliance with the goals of the Paris Agreement to limit warming to 1.5 °C, The Guidelines are in effect and apply to all federal departments and agencies.

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China Ministry of Transport targeting 300,000 new energy vehicles on roads by 2020

Green Car Congress

China will create a favorable environment to foster quicker growth in the new energy vehicle sector through intense government-led promotion, according to the new MOT guideline. Among measures to be undertaken will be the continued construction of charging facilities and tax exemptions and subsidies for car purchases.

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