article thumbnail

Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

article thumbnail

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

EV Life

In this article, we’re going to show you how California residents can save over $15,000 on Tesla Model 3 and Model Y by taking advantage of available EV tax credits, rebates, and incentives. Any unused funds are not available as a refund or to be used on the following year’s taxes. Not anymore.

article thumbnail

Top 15 Nissan LEAF markets in US in 2013

Green Car Congress

Top 15 LEAF market year-to-date in 2013. Nissan provided a list of the top 15 markets in the US for the Nissan LEAF battery-electric vehicle. Four of the top 15 markets are in California: San Francisco (1), Los Angeles (2), San Diego (7) and Sacramento (8). Source: Nissan Click to enlarge. Earlier post.)

2013 334
article thumbnail

Ford Focus Electric in California qualifies for $10K in tax credits, HOV access

Green Car Congress

California buyers of the Ford Focus Electric will be able to receive up to $10,000 in tax credits ($2,500 state, $7,500 federal) and enjoy high-occupancy vehicle lane (HOV) access after the car was just approved for California’s Clean Vehicle Rebate Program ( CVRP ). 3 and 7, respectively, for the worst congestion in the US.

article thumbnail

GM adding more than 1,100 jobs, $14M to expand Cruise Automation self-driving operations in California

Green Car Congress

General Motors will add more than 1,100 new jobs and invest $14 million in a new research and development facility for Cruise Automation in San Francisco. The new investment will include repurposing an existing facility in San Francisco that will more than double Cruise Automation’s research and development space.

article thumbnail

Aemetis, American Airlines sign $1.1B 280M gallon offtake agreement for sustainable aviation fuel blend

Green Car Congress

billion, including LCFS, RFS, 45Q and tax credits. Aemetis also recently signed memoranda of understanding with 8 airline members of the oneworld Alliance for 350 million gallons of blended fuel containing SAF to be delivered to San Francisco International Airport. Aemetis, Inc.,

article thumbnail

GM expects its EVs to be profitable by 2025 with higher margin models

Teslarati

General Motors (GM) is expecting to reach profitability on electric vehicles (EVs) by 2025 as higher margin models hit the market, according to a statement from one executive last week. market this year. I don’t want to stuff vehicles into a market that doesn’t want them,” Jacobson added.

GM 107