article thumbnail

Pyka awarded $7M California tax credit to expand manufacturing of zero-emission autonomous aircraft

Green Car Congress

Pyka, a developer of autonomous electric aviation technology, was awarded a $7-million California Competes Tax Credit with the California Governor’s Office of Business and Economic Development (GO-Biz), approved last week by the California Competes Tax Credit Committee.

article thumbnail

Why Tesla Model Y tax credit inclusion is good for some and bad for others

Teslarati

The Tesla Model Y complete lineup was recently added to the IRS list of qualifying vehicles that will give buyers a $7,500 tax credit. While it may seem like the company’s huge price cuts coupled with the tax credit would be good for everyone, it spells bad news for competitors that offer comparable EVs in the same category.

article thumbnail

Tesla starts promoting Model 3 and Model Y’s IRA-adjusted prices

Teslarati

A look at Tesla’s official pages for the Model 3 sedan and Model Y crossover shows that the electric vehicle maker is highlighting the fact that the electric cars are eligible for the IRA’s $7,500 tax credit. With the federal incentives in place, Tesla noted that the Model 3 starts at just $32,450. ” Tesla stated.

article thumbnail

Anaheim Police to deploy Tesla Model Y cruisers this week

Teslarati

While the press release didn’t disclose how much the department paid for the Model Y units, the most affordable inventory Model Y on Tesla’s website in the Anaheim area is selling for $41,390 before tax credits. and beyond ) have been switching to EVs for their cost-savings on maintenance and fuel in recent years.

Tesla 129
article thumbnail

Why Fleet Owners Are Electrifying Their Vehicles This Year

Blink Charging

Thanks to new tax credits for EVs and EV charging stations as well as lower fuel and maintenance costs for EVs, fleet managers can now save money while setting an example for other organizations. Limited time to claim tax credits for EV fleets There are currently numerous incentives to purchase EVs and EV charging equipment.

Fleet 92
article thumbnail

EVs dominate list of efficient cars in ORNL 2022 Fuel Economy Guide

Green Car Congress

The site provides consumers with information to help guide buying decisions for all types of vehicles, including current EV federal tax credits, as well as operation and maintenance tips to save drivers money. Consumers can personalize estimates for their annual miles and local fuel prices, for example.

article thumbnail

Tesla just made leasing a Model 3 or Y more affordable than ever

Teslarati

These prices do not include potential savings from gas and maintenance. Model 3 likely to lose full $7,500 EV Tax Credit Tesla also stated on its website that it is expecting to lose the full $7,500 tax credit on the Model 3. Tesla saw a 5.5 percent decrease in pricing from August to September and a 24.7