Teslarati

MARCH 8, 2023

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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Tax Credit Tax North America Mexico 87

CleanTechnica EVs

OCTOBER 3, 2023

There's a new Model Y in town in North America and it starts at $43,990; And by the way, it qualifies for the full federal tax credit!

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Tax Credit North America Motor Motors 115

Blink Charging

FEBRUARY 23, 2023

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. First, the easy part: How do I claim the $7,500 EV tax credit?

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Teslarati

AUGUST 17, 2022

Department of Energy’s Alternative Fuels Data (DOE) published a list of electric vehicles that are immediately available for the new $7,500 EV tax credit. Under the new law, only EVs assembled in North America qualify for the credits. Under the new law, the manufacturer’s sales cap is lifted.

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Tax Credit Tax North America PHEV 99

Teslarati

DECEMBER 29, 2022

EV tax credit. The Internal Revenue Service (IRS) announced the vehicles that qualify for the 2023 EV tax credit. federal tax credit includes EVs made by fourteen manufacturers. General Motors, Kia, Mazda, Mercedes-Benz, Proterra, and Subaru were also on the list. 2022-2023 Ford Escape Plug-In Hybrid.

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Tax Credit Tax Tesla Jeep 136

Teslarati

MARCH 29, 2023

The United States Department of Treasury’s battery sourcing guidance might slash EV Tax credits from the Inflation Reduction Act (IRA). The Treasury will release the battery guidance for the IRA EV tax credits this Friday, April 1, 2023. The battery guidance on sourcing minerals will increase by 10% annually.

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Tax Credit Tax Battery Batteries 62

Baua Electric

JANUARY 3, 2024

As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place.

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Teslarati

JUNE 13, 2022

The CEOs of Ford, General Motors, Stellantis, and Toyota all urged Congress to eliminate the cap on the $7,500 electric vehicle tax credit as zero-emissions vehicles cost more to manufacture. The tax credit cap only has Tesla and GM buyers disqualified from receiving the credit.

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Tax Credit Congress Tax Toyota 83

The Truth About Cars

APRIL 17, 2023

With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify. Alternatively, the batteries can be produced from materials recycled in North America. has a free-trade agreement.

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Tax Credit Tax North America Chevrolet 74

EV Adoption

NOVEMBER 26, 2021

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.

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Tax Credit Tax F-150 PHEV 116

Electric Vehicles India

NOVEMBER 1, 2021

Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles . Yamaha Motor and Hero Motors Limited have signed an agreement that they will jointly establish a company to manufacture hub-mounted drive units for electric bicycles. The bicycle market in India is valued at USD 0.9 Rad Power Bikes.

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Tax Credit Tax Electrical Electric 79

Green Car Congress

SEPTEMBER 15, 2022

1 4WD low range ratio, heavy-duty Dana 44 axles and a new entry price point to the 2023 model year Wrangler 4xe lineup, which continues to be the best-selling plug-in hybrid in America. —Jim Morrison, senior vice president and head of Jeep brand North America. A second high-voltage motor generator is much more powerful.

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Jeep PHEV Tax Credit Volt 369

Baua Electric

JANUARY 1, 2024

Over the last few months, Tesla has released a bunch of new statements about changes to the eligibility of its electric vehicles to the federal tax credit in 2024. We are still calling it a “tax credit”, but it is effectively a point-of-sale incentive starting today.

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Teslarati

JULY 16, 2023

General Motors (GM) incoming President of North America, Rory Harvey, stated that the 2024 Silverado EV received a higher EPA range estimate than previously expected. Last month, General Motors stated that the Silverado EV would not be Tesla-compatible until 2025. The Teslarati team would appreciate hearing from you.

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Silverado EPA Range General Motors 81

Teslarati

JANUARY 29, 2024

This positive trend was partially fueled by tax credits from the U.S. billion KRW from the IRA tax credit, which grew 16% from the previous quarter due to a solid performance from LGES factories in the United States. Excluding the tax credit: Operating profit would be KRW 88.1 from the same period last year.

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Tax Credit Energy Tax North America 87

Green Car Congress

JUNE 8, 2011

Mitsubishi Motors North America, Inc., Mitsubishi Motors agrees to provide information and recommendations on EV strategy and infrastructure. Mitsubishi Motors has selected Hawaii to be among the first states to receive the North American-spec production version of the Japanese auto manufacturer’s i-MiEV.

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Hawaii Mitsubishi i-MiEV Motors 247

Green Car Congress

FEBRUARY 24, 2021

Mitsubishi Motors North America, Inc. liter inline-four cylinder engine and a higher-output rear electric motor. liter inline-four cylinder engine and a higher-output rear electric motor. Starting MSRP remains the same as the 2020 model, just $36,295 before available state and federal tax incentives.

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PHEV Mitsubishi Battery Batteries 243

Teslarati

NOVEMBER 9, 2023

General Motors has its Chevy Bolt EV that hit a sub-$30,000 price tag , and Tesla is moving toward $30,000, but only after federal and state incentives. Some EVs have only qualified for half of that amount because they are not completely assembled in North America. Fischer said that VW had no plans to scale back EVs in the U.S.

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North America Tax Credit America Affordable 112

Teslarati

JUNE 20, 2023

Tesla stock ( NASDAQ: TSLA ) popped more than 3 percent on Tuesday after news of its collaboration with Rivian ( NASDAQ: RIVN ), which will see the latter automaker adopt the former’s North American Charging Standard (NACS) for its vehicles. vehicles helped Tesla regain the full $7,500 credit for all three cars.

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Tax Credit Market Tesla North America 132

The Truth About Cars

DECEMBER 28, 2023

JAC Motors has developed a new EV sporting a sodium-ion battery that it says has lower costs and more abundant raw materials. That said, the company is owned, in part, by the Chinese government, making it unclear if anything related to JAC will make its way to North America.

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Sodium Chinese Battery Powered Lithium Ion 97

Teslarati

JANUARY 21, 2024

” The statement also details the Biden administration’s notice of intent to propose regulations related to the 30C tax credit, recommending definition changes that would give around two-thirds of Americans access to up to 30 percent off on charging equipment.

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North America GM Oakland Tax Credit 126

Teslarati

MARCH 26, 2023

The law incentivizes battery production within the United States and a few other countries in North America through EV tax credits. LGES’ client list includes popular auto brands like Tesla, Ford Motor, General Motors, and Honda. Tesla battery supplier LGES confirms 4680 cell development, posts $3.7B

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Arizona Battery Batteries Tesla 119

Charged EVs

MARCH 11, 2024

Permanent magnet motors are dominant in the EV industry, due to their superior efficiency. The majority of EV traction motors use rare earth magnets. Electric motors work on the principle of electromagnetic motion. Something like 90% of the drive motors in electrified vehicles are powered by rare earth magnets.

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Supplies Fort Worth Fuel Tax Credit 103

Teslarati

MAY 31, 2023

Hyundai Motor Group and LGES signed a memorandum of understanding on May 26 in Seoul, Korea, for a battery cell manufacturing facility in Bryan County, Savannah, Georgia. billion The parties agreed to produce EV batteries so Hyundai could accelerate its electrification efforts in North America. based battery plant.

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United States Hyundai Georgia Energy 96

Blink Charging

DECEMBER 19, 2023

Thanks to our new network integrations, we are proud to offer a global Blink Charging experience, so EV drivers can use the same global Blink mobile app at thousands of locations in North America, Latin America, Europe, and Asia.

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Blink Charging

OCTOBER 31, 2023

Federal Incentives for Purchasing an EV Among the federal government’s incentives for drivers, you can find tax breaks for both new and used EVs that are in place until the end of 2032. Beginning in 2024, the consumer clean vehicle tax credits can be available at the point of sale by transferring your credit to the dealership.

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Tax Credit Tax Purchase Alternative Fuels 74

Green Car Congress

DECEMBER 1, 2016

A large share of credit goes to the vehicle’s eFlite dual-motor electrically variable transmission (EVT). —Bob Lee, Head of Engine, Powertrain and Electrified Propulsion, and Systems Engineering, FCA - North America. US 9193252 B2: Two motor electric drive hybrid transmission. Click to enlarge.

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Minivan Chrysler EPA 2017 150

Teslarati

JANUARY 23, 2023

Nissan Motor Co. Uchida specifically cited tax credits from the Inflation Reduction Act as a factor that could support long-term demand for EVs. million engines annually, as well as the electric motors used for the Nissan Leaf, the company’s ubiquitous electric hatchback.

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Nissan Tennessee Tax Credit North America 90

Teslarati

JUNE 9, 2023

Tesla ( NASDAQ: TSLA ) and General Motors’ deal that will see the Detroit-based automaker utilize 12,000 Supercharger locations in North America and eventually adopt the North American Charging Standard (NACS) connector helped Wedbush push its price target on Tesla stock upward on Friday, analysts from the firm said.

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GM Price Tesla General Motors 99

Baua Electric

APRIL 1, 2024

General Motors is negotiating a U.S. The deal reportedly being discussed would bring that partnership to North America in the form of a joint battery plant located in either the U.S. battery-supply deal with China’s CATL, Car News China reports. Japanese and Korean firms currently control 80% of the market.

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GM Ford Battery Batteries 52

Clean Fleet Report

FEBRUARY 24, 2024

The all-new 500e is longer, wider and lighter, with a longer all-electric driving range, faster charging and the latest in audio and driver safety systems compared to the predecessor model that was sold in North America from 2013 – 2019. The cute factor was always the appeal of the 500e.

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North America Los Angeles Clean Cleaning 85

EV Adoption

JANUARY 2, 2023

Clean Vehicle Credit Background Part of the intent of the CVC was to correct flaws in the previous tax credit known as IRC 30D, which among other things had a poorly designed cap on manufacturers of 200,000 vehicles. A phaseout of the tax credit occurred over several quarters down to zero. Confused yet?

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Clean Cleaning Tax Credit Escape 52

Baua Electric

APRIL 28, 2024

. “While we saw drops in EV battery shipment in the first quarter caused by customers’ battery inventory adjustment, we expect to see improved market environment backed by launches of new EVs in North America,” SK On Chief Financial Officer Kim Kyunghoon said in a post-earnings conference call.

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Auto Battery Batteries South Korea 52

Baua Electric

JANUARY 25, 2024

The company saw solid sales growth across key markets, including North America, Europe, and India. Hyundai accelerated construction to take advantage of government incentives like the $7,500 tax credit. Despite higher demand for its EVs, Hyundai is warning of “uncertainty in the business environment.”

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Hyundai Electric Vehicles Tax Credit Vehicles 52

Baua Electric

MARCH 28, 2024

General Motors (GM) is reportedly in talks with battery giant CATL to license its cheaper LFP battery tech. The plans could include a new joint North American plant to produce the new batteries. According to Barra, it will be the first Ultium EV in North America to feature LFP batteries.

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GM Battery Batteries North America 52

Teslarati

FEBRUARY 27, 2024

Ford and General Motors (GM) announced plans to scale down EV production this year. The Inflation Reduction Act (IRA) of 2022 aims to encourage companies to invest in North America or nations with US trade agreements. Any EVs with components are not eligible for the IRA’s EV tax credits.

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BYD Market United States F-150 103

Teslarati

SEPTEMBER 4, 2022

The research directly contradicts and challenges a statement by Jack Hollis, the executive vice president of sales at Toyota Motor North America. I would say that this is a true reflection of market demand and not any government policy whether it’s a ban or a tax credit.” EV adoption in the U.S.

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