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Tesla adds state incentive tool to website to calculate total tax breaks

Teslarati

Tesla’s tool helps customers realize the discounts they could receive for buying a sustainable vehicle, which state and the federal government have incentivized with tax credits. Here, we see Tesla buyers in State College, PA would only receive the $7,5o0 tax credit for a Model 3 purchase. I’d love to chat!

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Tax credit score workaround spurs EV leasing

Baua Electric

Damon Lester, broker fundamental of Nissan of Bowie, in Maryland, and vice president of the Nationwide Affiliation of Minority Automotive Sellers, stated leasing is helping produce EVs extra inexpensive. ’ ” The post Tax credit score workaround spurs EV leasing appeared first on Bauaelectric Auto News. .

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Walmart just funded 15 community solar projects across the US

Baua Electric

Walmart’s strategic tax equity investment will drive the construction, operation, and maintenance of solar projects across five states – Illinois, Colorado, Maryland, Delaware, and California. The post Walmart just funded 15 community solar projects across the US appeared first on Bauaelectric Auto News. Get started here. –ad*

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Colorado approves goal to make 82% of car sales electric by 2032

Teslarati

While the Colorado standard falls short of requiring 100 percent of new car sales to be electric by 2035, as adopted in California , Maryland and a number of other U.S. Instead of prohibiting gas car sales, the state says it hopes to direct consumers toward some of its grants and other programs making EVs easier to access.

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Honda may build an EV factory in Canada featuring in-house battery cells

Teslarati

It’s also expected to help the automaker gain access to EV tax credits in the U.S. Canada has enacted a plan to ban the sale of new internal combustion engine (ICE) vehicles by 2035 , dubbed the Electric Vehicle Availability Standard, and following in the footsteps of the European Union (EU) and U.S.

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The US’ EV incentives are being updated: Here’s some useful tips

Teslarati

Some of the most significant incentives exist or will exist, in Colorado, Connecticut, Illinois, Delaware, and Maryland. Specifically, they will offer different amounts depending on if the vehicle is new or used and depending on the fuel type. For a new full EV, buyers are eligible for $2,500 or for PHEVs; $1,000.

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Electric Vehicle Adoption Divide Mapped

The Truth About Cars

Power’s vice president for electric vehicle practice, told Automotive News that cost incentives and local policies can likewise play a massive role. From Automotive News : Six of the top states J.D. Those states are California, Colorado, Massachusetts, Washington, Oregon and Maryland. However, Elizabeth Krear, J.D.