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Tesla Model 3 Highland leases qualify for IRA tax credit loophole

Teslarati

Tesla models eligible for IRA tax credits in 2024 The loophole lies in the IRA’s tax credit qualifications for commercial vehicles. Commercial vehicles are not subject to the eligibility requirements as electric vehicles purchased for personal use. In fact, Car and Driver wrote about it a year ago.

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Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

As of June 15, 2022, Ford will no longer offer the opportunity to purchase its three all-electric vehicles, the F-150 Lightning, Mustang Mach-E, and E-Transit Van, for new leases. Ford informed dealers in a letter that it was discontinuing the end-of-lease purchase option for the E-Transit van, Mustang Mach-E, and F-150 Lightning.

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Mullen’s electric trucks earn CARB certification, qualifying for over $45k in customer savings

Baua Electric

As a result, those CARB-compliant states and Washington DC enable tremendous savings to fleet operators who purchase electric trucks from Mullen. Mullen also points out that combined with the $7,500 federal tax credit , commercial customers can purchase a new THREE electric truck at a net cost below $20,000.

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Rivian informs customers of IRS guidance on EV tax credits

Teslarati

Rivian emailed customers about the Internal Revenue Service’s (IRS) recently released guidance regarding the EV tax credits under the Inflation Reduction Act (IRA) of 2022. Foley & Lardner LLP explained the latest IRS guidance regarding EV tax credits. These qualifications applied as of January 1, 2023.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

General Motors. It will also list current tax credits and incentives applicable to EV charging. The Office of Federal Sustainability will partner with government and agency fleet purchasers to coordinate and aggregate the purchasing of EV fleets, with distinct acquisition procurement strategies to be determined.

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Volkswagen’s Pablo Di Si: Generation to get ‘again to fundamentals’

Baua Electric

Volkswagen Crew of The united states CEO Pablo Di Si has formally been at the activity handiest since September, when his predecessor, Scott Keogh, moved over to form Scout Motors. however in Canada and Mexico as smartly. The Argentinian in the past labored within the U.S. And if you do, what’s the price point?”

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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.