article thumbnail

The 6 (Or 7) Fully Electric Cars That Can Now Get $7500 US EV Tax Credit

CleanTechnica EVs

The US federal tax credit for electric vehicles has been updated, and that means that some electric cars, trucks, and SUVs no longer qualify for the full tax credit — or even half the tax credit. Actually, most electric vehicles on the market in the United States no longer qualify!

article thumbnail

Tesla Tells US Customers Tax Credit Likely To Decline In 2024

CleanTechnica EVs

As we’ve reported many times, only a handful of automakers have electric vehicles on the US market that are eligible for the full $7,500 consumer tax credit. The most popular electric vehicles in the US do qualify for the tax credit. The cars and the batteries need to be produced here.

article thumbnail

Biofuel and Ag organizations call for accountable life cycle analysis for SAF tax credits, DOE to lead

Green Car Congress

In an effort to decarbonize transportation and reduce aviation emissions, Congress is considering new legislation to establish a tax credit to promote and develop robust domestic SAF production. We urge you to make the US Department of Energy (DOE) the lead agency in establishing a regularly updated LCA for any SAF credit.

article thumbnail

Hurry, Chevy Bolts Down An Astonishing 47% To $19,995 Until March! (Net After Tax Credit)

CleanTechnica EVs

It had started off as a car that had beat the $35,000 Tesla Model 3 to market, but for a variety of reasons (including being outsold by 10× by the Tesla Model 3, losing the $7,500 tax credit, no significant updates in 4 years and […] In 2021, the future of the Chevy Bolt was uncertain.

article thumbnail

How to Save Big on a Tesla with Colorado’s New EV Tax Credit

EV Life

With climate change awareness increasing, gas prices continuing to climb, EV charging stations expanding, and tons of new EV options hitting the market each year, it’s no surprise that electric vehicle purchases are skyrocketing. At the forefront of the electric vehicle revolution is Tesla, which currently makes up over half of the EV market.

article thumbnail

These 5 Plugin Vehicle Models Would Benefit Most From Proposed US EV Tax Credit Update (Chart)

CleanTechnica EVs

As we reported recently, there’s a big cleantech bill moving through the US Congress that would revive, extend, and expand the zero-emission vehicle tax credit in various ways.

article thumbnail

Heads up: the federal EV tax credit for toyota is about to phase out

Green Energy Consumers

If you are looking to purchase an electric vehicle from Toyota, like the Toyota Prius Prime or the Toyota RAV4 Prime, you should know that the federal tax credit will soon start phasing out. Here’s what this means if you’re in the market!