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Tesla Tax Credit: How Californians Can Save $15,000 with EV Credits and Rebates

EV Life

That’s why it’s no surprise that the high sticker price of many electric vehicles, particularly Tesla models, has long been one of the main deterrents for people looking to buy a new car, truck, or SUV. Any unused funds are not available as a refund or to be used on the following year’s taxes. Which brings us to Tesla. Not anymore.

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AJR Trucking orders 50 Nikola Tre FCEVs; incentives bring rough cost parity with existing fleet

Green Car Congress

AJR Trucking , a leading carrier for the United States Postal Service (USPS) and a major drayage carrier operating in the Ports of Los Angeles and Long Beach, has executed a purchase order for 50 Nikola Tre hydrogen fuel cell electric vehicle (FCEV) trucks from Tom’s Truck Centers, a member of the Nikola Corporation sales and service dealer network.

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Subaru details pricing options for new Solterra EV

Teslarati

Subaru has announced pricing details for the upcoming Solterra EV that it unveiled last November at the 2021 Los Angeles Auto Show. After destination fees of $1,225, which apply to each trim level, and the $7,500 tax credit, its price will be $38,720. Subaru debuts Solterra EV collab with Toyota, U.S.

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Electric motorcycles are gaining momentum

Plug in America

Actor Ewan McGregor and his friend, Charley Boorman, premiered “ Long Way Up ,” which follows them riding from Argentina to Los Angeles on electric Harley-Davidson LiveWire motorcycles. Federal tax credit : Tax credit for the purchase of a new two-wheeled plug-in electric drive motor vehicle.

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Electric Vehicle Spotlight: Financing Rivian R1S

EV Life

American EV manufacturer Rivian Automotive initially unveiled a prototype of its futuristic all-electric SUV—the R1S—at the Los Angeles Auto Show in November 2018. Applying for incentives individually and waiting for approval can take 6-18 months, leaving you to pay full price on your loan payments during that time.

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3 Reasons an Electric Vehicle is the Perfect Present

EV Match

While EVs typically carry a higher initial price tag, they’re on average cheaper to fuel and maintain (no oil changes, head gaskets, timing belts, or spark plugs needed). Car and Driver ‘s comparison did factor in the $7,500 federal tax credit, but it didn’t consider state, utility, and local credits and incentives.

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Nine EVs that lease for under $400/month: Ioniq 5, Solterra, Niro, Ioniq 6, more

Baua Electric

Hyundai IONIQ 5 (left) and IONIQ 6 (right) at Tesla Supercharger (Source: Hyundai) There’s a loophole in the stricter IRA federal tax credit that only applies $3750 rebates on North American-built cars and separately $3750 on domestic batteries. For whatever reason, all EVs get the full $7500 applied to leases, however.

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