Teslarati

MARCH 28, 2024

It appears that South Korean automaker Kia is taking some steps to ensure that its EV9 all-electric SUV will qualify for the full $7,500 federal tax credit in the United States next year. As noted in a Nikkei Asia report, Kia is poised to start the production of the EV9 in the United States by May 2024.

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Teslarati

APRIL 7, 2023

The Tesla Model 3 RWD, the most affordable vehicle in the company’s lineup, will see its federal tax credit reduced from $7,500 to $3,750, as confirmed by an update on Tesla’s official Model 3 page. The reduction in the federal tax credit for the Model 3 RWD will take effect on April 18.

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Teslarati

MAY 31, 2023

LG Energy Solutions (LGES) and Hyundai teamed up to build a battery cell manufacturing plant in the United States. The battery plant would allow Hyundai electric vehicles (EV) to qualify for the Inflation Reduction Act’s (IRA) $7,500 tax credit. Each company holds a 50% stake in the joint venture for the U.S.-based

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Electrek

DECEMBER 19, 2022

The United States Treasury department announced it will delay its guidance in regard to the sourcing requirements for battery materials in order for EVs to qualify for federal tax credits. The post US Treasury delays EV battery guidance, more vehicles could qualify for 2023 tax credits appeared first on Electrek.

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Electrek

SEPTEMBER 20, 2022

Kia will start producing electric vehicles in the United States starting in 2024 in order to qualify for new EV tax credits in the Inflation Reduction Act , according to Korean news outlets Maeli Business News and SBS.

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Teslarati

AUGUST 25, 2023

As per a recent report, India is reportedly considering a policy that would reduce import taxes for automakers that are willing to produce some of their vehicles in the country. Tesla’s Model Y crossover, its best-selling vehicle, starts at $47,740 in the United States before tax credits.

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Teslarati

MARCH 31, 2023

The IRS has updated its guidance relating to the Inflation Reduction Act’s (IRA) tax credit that applies to electric vehicles, with new rules coming into effect on April 18. You can also reach me on Twitter @KlenderJoey , or if you have news tips, you can email us at tips@teslarati.com. I’d love to hear from you!

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Teslarati

JULY 12, 2023

Tesla has updated the Model 3 sedan’s landing page with a new message about the all-electric sedan and its eligibility for the US Inflation Reduction Act’s (IRA) federal tax credit. As per the EV maker, reductions to the Model 3’s federal tax credit will likely take effect after December 31, 2023.

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Teslarati

JULY 4, 2022

As recently corroborated by the veteran Japanese carmaker, it has already crossed the 200,000-unit cap for the United States’ $7,500 tax credit for hybrid and all-electric vehicles. Don’t hesitate to contact us with news tips. Just send a message to simon @teslarati.com to give us a heads up.

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Teslarati

JANUARY 9, 2023

The Texas State Legislature is considering levying a tax against EV owners to fund road upkeep and improvement, and EV owners are on board. However, that reduced cost is now being challenged by a tax proposed by Texas State Legislature members that would either tax EV owners per mile driven or yearly with a flat fee.

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Teslarati

FEBRUARY 27, 2024

4 82 kWh model qualifies for the Inflation Reduction Act’s (IRA) full federal tax credit. 4 models with SK On components are eligible for the full $7,500 federal tax credit because the updated VW ID.4’s Customers can apply the tax credits as a down payment for the VW ID.4 The 2024 Volkswagen ID.4 Volkswagen ID.4

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Teslarati

APRIL 17, 2023

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. Fleet customers including for BrightDrop and the Chevrolet Silverado EV will benefit from the $7,500 commercial incentive,” stated General Motors. Treasury’s proposed battery requirements for EV tax incentives.

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Baua Electric

JANUARY 31, 2024

This year, Tesla’s cheapest cars, the Model 3 compact sedan, lost tax credits for the purchase of EVs under the Inflation Reduction Act. Tesla is expanding its battery facility in Sparks, Nevada to bring the supply chain for cheaper lithium iron phosphate batteries (LFP) to the United States, Bloomberg News reported on Wednesday.

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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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Teslarati

MARCH 29, 2023

Tesla published a notice on the Model 3 RWD’s configurator page, informing buyers that its EV tax credits will reduce by March 31. The Tesla Model 3 RWD will be affected by the US Treasury’s battery guidance for the Inflation Reduction Act’s (IRA) $7,500 EV tax credits.

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Teslarati

JANUARY 3, 2023

A new tool released by Recurrent Auto shows car buyers which used EVs qualify for federal tax incentives based on a simple VIN search. As electric vehicles have become ever-more popular in the United States, so has the market of used EVs. If you have news tips, email us at tips@teslarati.com !

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Teslarati

AUGUST 7, 2023

Used Teslas will now qualify for the $4,000 tax credit through the Inflation Reduction Act (IRA) that is applicable for electric vehicles (EVs), Plug-In Hybrid Electric Vehicles (PHEVs), and Fuel Cell Electric Vehicles (FCEVs). It must be for use primarily in the United States. I’d love to chat!

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Electrek

APRIL 11, 2022

According to recent comments from Toyota North America, the automaker expects to surpass the 200,000 vehicle threshold for EV sales sometime this summer, disqualifying itself from any additional tax credits in the United States under current legislation.

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Baua Electric

MAY 3, 2023

Kia The united states will incline aggressively into an Inflation Relief Office provision that permits it to go ailing a $7,500 federal incentive to electrical automobile shoppers who choose to hire as opposed to purchase, in line with Eric Watson, the automaker’s gross sales leading. Watson stated. now to 30 to 40 p.c,

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Electrek

NOVEMBER 1, 2022

The European Union has asked the United States to include EVs, batteries, and other sustainable products sold on US soil in federal tax credits, similar to benefits it currently offers its North American neighbors. According to a recent report, the US and EU are in discussions about what’s possible.

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Teslarati

APRIL 5, 2023

Tesla will be receiving lithium supplies from Quebec, giving it an edge in meeting the Inflation Reduction Act’s battery requirements for EV tax credits. Treasury Department released stricter battery requirements for EV tax credits under the Inflation Reduction Act (IRA). The Teslarati team would appreciate hearing from you.

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Teslarati

FEBRUARY 5, 2024

That is, at least, unless one takes into account federal tax credits in the United States. With the IRA’s federal tax credit in place, the Model Y could effectively be more affordable than the Model 3 in the United States. Don’t hesitate to contact us with news tips.

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Teslarati

JANUARY 12, 2022

rules would result in the state having the highest solar fees in the United States, which is ironic since this would effectively make CA worse than other less-environmentally-friendly US states. “If adopted, this would be the highest solar fee anywhere in the country, including states hostile to renewable energy.

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Teslarati

APRIL 26, 2024

The most affordable Quicksilver Model Y is a Long Range Dual Motor AWD with black interior that’s priced at $49,990 or $42,490 after the federal tax credit. That’s a pretty good deal for a Model Y, especially in the United States where Quicksilver is still a very rare color. Don’t hesitate to contact us with news tips.

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Baua Electric

JANUARY 1, 2024

Kentucky State Capitol. Photo by Mobilus in Mobili on Flickr As of January 1st, Kentucky has implemented not one but two new taxes on electric vehicles, both of which are individually higher than what gas vehicles pay on similar units of energy. per gallon in the state).

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EV Life

OCTOBER 7, 2023

The Treasury Department just released new guidance that will enable consumers to use their $7500 EV tax credits more like an upfront rebate starting in January 2024. However, new vehicle requirements are also taking effect that raise questions about which vehicles will still qualify for tax credits in the new year.

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Teslarati

APRIL 19, 2024

The reengineered Tesla Model 3 , which was launched in the United States last January, was not affected by the recent round of price cuts. Interestingly enough, the Model X Dual Motor AWD qualifies for federal tax credits, so customers could acquire the vehicle for $70,490 after incentives are applied.

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Blink Charging

FEBRUARY 23, 2023

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. The good news is that there are now tax credits for individuals and businesses that buy or lease a new or used electric vehicle! It does not act as a rebate (until 2024).

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Baua Electric

JUNE 12, 2023

“My comment is simple: Follow the law,” he wrote in an 11-page letter to Treasury, explaining that the tax credit score’s objective is “no longer to promote the purchase and use of [EVs] … but to promote reliable domestic supply chains for the critical minerals and battery components” had to energy them.

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Green Car Reports

NOVEMBER 7, 2022

Subaru is unlikely to follow other automakers in moving EV production to the United States to align with new tax-credit rules, according to a recent Automotive News report. And the automaker is blaming, among other things, McDonald's. The recently passed Inflation Reduction Act (IRA) makes U.S.

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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. Image: Jan Hendrik/Shutterstock] Become a& TTAC& insider.

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Teslarati

APRIL 11, 2024

Ford has launched a new program called Tesla Competitive Conquest Bonus Cash, which will give owners of the United States’ most popular EV brand a discount on the F-150 Lightning. You can also reach me on Twitter @KlenderJoey , or if you have news tips, you can email us at tips@teslarati.com.

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The Truth About Cars

APRIL 18, 2024

Even so, the Mexican government isn’t rolling out the red carpet due to pressure from the United States. Automotive News reported that the country would not offer tax incentives or land discounts to Chinese automakers. It noted that the U.S. That said, people there don’t buy that many of them, with EVs comprising just 0.5

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The Truth About Cars

MARCH 28, 2024

Among many other things, the Inflation Reduction Act changed the way EV tax credits work in the United States. That said, there is still the matter of Chinese tariffs, which can add thousands to the price of a new EV as it enters the United States.

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The Truth About Cars

FEBRUARY 9, 2024

Europe has, and will likely remain, far more aggressive with emissions-cutting measures than we are here in the United States. but it’s clear we should all be thankful that we’re not facing steep taxes and penalties for continuing to buy gas vehicles. Electric vehicles have become an unnecessarily politicized product in the U.S.,

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Teslarati

FEBRUARY 1, 2024

“Our exploration team’s sole focus is to discover more high-grade nickel deposits in the United States. Within the mineral sourcing requirements of the Inflation Reduction Act’s electric vehicle tax credits, minerals sourced domestically enjoy the highest level of preference under the law.

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Teslarati

DECEMBER 12, 2023

Proportions readily dialed in, exterior design dialed in,” Scout CEO Keogh told Automotive News. Volkswagen plans for Scout to release an SUV and a pickup truck in the United States to penetrate the market. Scout’s $40,000 SUV will be built in a new factory in South Carolina. Buzz minibus and Scout.

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