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How to Get the Federal Clean Vehicle Tax Credit This Year

Blink Charging

The United States federal government has made it even easier to buy a new or used electric vehicle (EV). The latest Clean Vehicle Tax Credits can be applied to the purchase of a new or used EV at the point of sale as of January 1, 2024. The value of the tax credit allowed and any other purchase incentives.

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How Does the Electric Car Tax Credit Work in 2023?

Setec Powerr

One such incentive is the electric car tax credit, designed to help offset the initial cost of EVs for buyers. Section 1: Overview of the Electric Car Tax Credit in 2023 1.1 In 2023, the tax credit remains available for eligible new electric vehicles but has undergone some changes compared to previous years.

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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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EIA: California home to almost half of US plug-in electric vehicles

Green Car Congress

Several states offer tax incentives to reduce the upfront cost of PEVs to consumers. These incentives are in addition to a federal (nationwide) tax credit, which ranges from $2,500 to $7,500 depending on battery capacity and gross vehicle weight. Washington has exempted EVs from the state''s 6.5% sales and use tax.

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The US Needs 20 Times More EV Charging Stations by 2030… Or Else

Blink Charging

While it’s great news that electric vehicles (EVs) are becoming more popular in the United States, it does pose a unique issue: EV sales are now outpacing EV charging infrastructure. How many EV chargers are currently installed in the United States? In fact, BEVs accounted for 3.2%

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How Truck Stops and Convenience Stores Can Benefit from Holiday EV Travel

Blink Charging

The number of holiday travelers has returned to pre-pandemic levels, which means a lot of people are hitting the road in the United States. In addition, Blink recommends having at least one L2 charger to accommodate plug-in hybrid electric vehicles (PHEVs) and older EVs that cannot use DCFCs to charge.

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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).

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