Baua Electric

MARCH 18, 2024

Shares of American EV startup Canoo (GOEV) are surging after its Oklahoma City facility received approval as a Foreign Trade Zone (FTZ). With its “Made in America” approach, Canoo expects to benefit from the IRA’s Commercial Clean Vehicle Credit. With that, Canoo customers are eligible for a tax credit of up to $7,500.

Oklahoma 52

Oklahoma Oklahoma City Tax Credit Financing 52

Baua Electric

FEBRUARY 25, 2024

Hyundai IONIQ 5 (left) and IONIQ 6 (right) at Tesla Supercharger (Source: Hyundai) There’s a loophole in the stricter IRA federal tax credit that only applies $3750 rebates on North American-built cars and separately $3750 on domestic batteries. For whatever reason, all EVs get the full $7500 applied to leases, however.

Hyundai 52

Hyundai Dealers Los Angeles Tax 52

Green Car Congress

AUGUST 26, 2009

The stations will allow the fleets to lower their costs by buying fuel in bulk, access federal motor fuel excise tax credits, refuel at the times most convenient to their schedules, and model successful use of propane to nearby peers. To support the vehicles, 35 propane refueling stations will be constructed.

Alternative Fuels 236

Alternative Fuels Clean Cleaning Grant 236