EV Adoption

JULY 4, 2022

As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fuel taxes as drivers of gas-powered cars do at gas stations. Unfortunately there is currently no simple and agreed upon best replacement for the fuel tax.

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Fuel Tax Tax Electric Vehicles Fuel 98

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! If you’ve been wondering how all these purchase incentives work, Blink has you covered.

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Tax Credit Tax Electric Vehicles North America 72

Teslarati

FEBRUARY 3, 2023

Tesla’s complete lineup of Model Y trim levels now qualifies for electric vehicle tax credits through the Inflation Reduction Act, as the Internal Revenue Service (IRS) has increased the applicable MSRP limit to $80,000 across each of the all-electric crossover’s configurations. According to a report from Bloomberg , the U.S.

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Tax Credit Tax Tesla SUV 98

EV Life

JUNE 29, 2023

Great news for drivers looking to purchase an electric vehicle in Colorado! But the most exciting part of the new bill for many Colorado residents is the expansion of an additional Colorado Electric Vehicle Tax Credit for qualified drivers looking to purchase electric vehicles. What Are Electric Vehicle Incentives?

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Tax Credit Colorado Tax Electric Vehicles 52

Green Car Congress

AUGUST 6, 2023

Built on Fisker’s SLV-1 platform, PEAR is built using Fisker’s Steel++ development process, resulting in the use of 35% fewer parts than other EVs in class. It will be available for all-wheel drive Ultra and Extreme trims, both at vehicle purchase and as a post-purchase add-on package. Q2 results.

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Alaska Fisker Carbon Fiber Convert 354

Teslarati

JANUARY 9, 2024

As part of the Rent2Buy vehicle sales program on its website , Hertz has listed hundreds of its early Tesla rentals for sale at fairly low prices. This could mean that other EVs will be added to the Hertz car sales listings down the road. You can watch a short video detailing the Hertz Rent2Buy program below.

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Price Tax Credit Tesla Purchase 142

The Truth About Cars

JANUARY 11, 2024

The company announced that it would buy tens of thousands of electric vehicles from Polestar, BMW, Chevrolet, Tesla, and others and had aimed to purchase 100,000 Teslas by the end of 2022. While that splashy announcement likely netted the company new customers, it now has hundreds of EVs on sale as it moves to scale back its fleet.

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Fleet Tax Credit Tax Sale 111

Green Car Congress

OCTOBER 12, 2014

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.

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Davis Plug-in Plug Sale 290

Green Car Congress

MAY 23, 2014

Cumulative Nissan LEAF sales in the US hit the 50,000 mark this month, with the delivery of a black LEAF SL in Dallas, Texas. With No Charge to Charge, the new EV tax credit and enthusiastic new owners like the Bolt family, Dallas is poised to climb the ranks of leading LEAF sales markets.

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Fort Worth Dallas Sale Tax Credit 220

Green Car Congress

SEPTEMBER 2, 2021

As part of our ACCELERATE strategy, we are continuing our rapid and systematic transformation from car manufacturer to mobility services provider. —Klaus Zellmer, Board Member for Sales and Marketing at Volkswagen. In addition, Volkswagen will be launching its online leasing and sales offerings in Germany toward the end of 2021.

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Germany Dealers Maintenance Sale 302

Green Car Congress

JUNE 9, 2014

s first battery-electric commercial vehicle, the e-NV200, will go on sale in October 2014 at Nissan dealers throughout Japan. Although based on significant elements of the two existing vehicles, e-NV200 is a bespoke vehicle with a unique part count of more than 30%. The e-NV200 Japan market sales target is 200 units per month.

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Japan Nissan Commercial Sale 218

Green Car Congress

OCTOBER 31, 2022

Our research partnership with RBC will enable us to conduct a more in-depth analysis of EV costs in comparison with internal combustion engine vehicles by considering vehicle type, user behavior, and where the vehicle is purchased and operated.

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Michigan Gas-Electric Gas Batteries 199

Teslarati

JULY 11, 2023

A survey from Cox Automotive estimates that electric vehicle sales in the US auto market could surpass 1 million units for the first time in 2023. Cox also found that about 51% of consumers are now considering the purchase of a new or second-hand EV. Tesla, for its part, posted record vehicle deliveries in the second quarter.

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Tax Credit Hummer Highlander Tesla 145

Blink Charging

JANUARY 19, 2024

million domestic sales, to an anticipated 10% by the close of 2024 in the U.S. Here’s what you need to know about using the EV tax credit to lease your new electric vehicle. Clean Vehicle Credits and Leasing The Inflation Reduction Act is a pivotal legislation reshaping the electric vehicle tax credit. automotive market.

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Tax Credit Tax North America Clean 94

Baua Electric

APRIL 8, 2024

Similar arguments have been made in other states, as road maintenance is typically covered by gas taxes. New Jersey does offer some EV purchase incentives, but as with other state incentive programs, they’re generally only available for part of the year before funding runs out.

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New Jersey Tax 2004 Maintenance 52

Teslarati

MARCH 16, 2023

The Asset Purchase Agreement was executed in November 2021, and essentially helped start production of the Endurance electric pickup. The sale was finalized in May 2022. in an effor to receive tax credits that are part of the Inflation Reduction Act. I’d love to hear from you!

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Wisconsin Batteries Battery Production 129

EV Central

NOVEMBER 27, 2022

Australian now offers nationwide assistance for the purchase of plug-in electric vehicles, following the passing of the Electric Car Discount Bill by federal parliament last week. The bill exempts EVs from fringe benefits tax ( FBT ), resulting in a significant price reduction for some employers and employees who salary sacrifice. .

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PHEV Tax Purchase Plug-in 74

Baua Electric

MAY 23, 2024

This sale runs until May 31. That’s a hefty interest rate cut from the previous 6.49%, effectively lowering the cost of a Model Y purchase by $8,000. CarsDirect reported earlier in May that the $7,500 federal tax credit can make the Model Y $9,000 cheaper than a Model 3. Lease prices are currently unchanged.

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F-150 Kia Tax Credit Mercedes 52

Baua Electric

MAY 21, 2024

That’s a hefty interest rate cut from the previous 6.49%, effectively lowering the cost of a Model Y purchase by $8,000. CarsDirect reported earlier in May that the $7,500 federal tax credit can make the Model Y $9,000 cheaper than a Model 3. However, the Lightning’s $7,500 federal tax credit is intact.

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F-150 Kia Tax Credit Solar 52

Teslarati

JANUARY 30, 2023

This was partly because a number of local governments, such as Shanghai, have followed through with incentive programs of their own to make the purchase of electric vehicles more attractive. The plan included, among others, the promotion of products like cars and the revival of trade-in subsidies for new energy vehicle (NEV) purchases.

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China Tesla Purchase Tax 98

Baua Electric

JANUARY 2, 2024

Tesla has led the charge with its top-selling Model Y, boosted by the country’s generous tax exemptions for fully electric cars. As of 2023, the country has implemented a 25% VAT on the purchase price from 500 000 Norwegian Kroner and over, but Tesla still saw huge gains. FTC: We use income earning auto affiliate links.

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Sweden Norway Sale Tesla 52

Baua Electric

JULY 17, 2023

Within the race to shed carbon emissions, international locations from the United States to Untouched Zealand are meting out incentives to spur electric-vehicle gross sales — ways China impaired for years because it became the largest EV marketplace on Earth. Together with plug-in hybrids, China’s clean-car gross sales clash 5.67

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Automobile International China BYD 52

Baua Electric

JANUARY 16, 2024

“The larger impact of Hertz EV fire sale is the perception hit to the technology,” said Karl Brauer, analyst at used-car aggregator iSeeCars.com. fleet operator of EVs, has blamed the sale on high repair costs and weak demand for the vehicles it offers on rent. Hertz, the largest U.S. The value of used EVs has dropped 33.7%

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Auto Sale Market Cars 52

Green Car Congress

MARCH 7, 2012

Tax credits. The President is also proposing a new tax incentive for commercial trucks that provides a credit for 50% of the incremental cost of a dedicated alternative-fuel truck, including trucks powered by natural gas or electricity, for a five-year period.

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Alternative Fuels Obama Purchase Tax Credit 240

Teslarati

DECEMBER 3, 2021

The sale, which was worth about $1.01 elonmusk sold another 934,091 shares for $1B under his 10b5-1 program filed 9/14/2021, bringing total sales to over 10M shares (59.4% The sales explain why $TSLA acted so badly in an up market day. By offloading 10% of his TSLA holdings, Musk is expected to pay about $15 billion in taxes.

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Tesla Tax Personal Sale 145

Green Car Congress

OCTOBER 9, 2013

Overall, EV sales have been disappointing so far due to a lack of choice and perceived personal benefits, high purchase prices, and most importantly, consumer anxiety about range, maximum speed, recharging times, and the lack of public charging infrastructure. —ABI VP and practice director, Dominique Bonte.

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2020 Carbon Fiber Sale Grid 240

Green Car Congress

JANUARY 5, 2022

To deliver this latest increase, a small task force of employees from manufacturing, purchasing, strategy, product development and capacity planning are finding ways to quickly adapt and expand production of the groundbreaking pickup. Ford’s all-electric van, the 2022 E-Transit, goes on sale early this year.

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F-150 Ford North America Tennessee 221

Green Car Congress

MAY 16, 2016

Canada’s Globe and Mail reports that as part of a more C$7-billion (US$5.4-billion), The plan sets targets of expanding electric vehicle sales to 5% of all vehicles sold by 2020, up to 12% by 2025, and aiming to get an electric or hybrid vehicle in every multi-vehicle driveway by 2024, a total of about 1.7 million cars.

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2020 Climate Parts Climate Change 150

Electric Auto Association

SEPTEMBER 9, 2022

The Inflation Reduction Act (IRA) is a massive climate, health care, and tax bill with the overarching goal of slowing the rise in consumer prices that have been climbing at the fastest pace in approximately 40 years. It is unclear at this time how income caps will be determined at the dealership's point of sale.

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Tax Credit North America Tax Kentucky 90

Green Car Congress

NOVEMBER 3, 2013

However, the cost of CO 2 reduced was comparable or lower than that achieved through less cost-effective policies such as the tax subsidy for electric vehicles, the analysis concluded. 677,842 clunkers were traded in between 1 July 2009 and 24 August 2009 as part of the program, which issued $2.85 Cost per job created. million, or 0.7

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Cash For Clunkers Future Stimulus 2009 306

Green Cars News

JULY 10, 2014

Electric cars in China will be exempt from purchase tax, as part of new measures from country’s government to boost electric vehicle uptake. Buyers of so-called new energy vehicles; electrics, plug-in hybrids and fuel vehicles will avoid paying the 10 per cent purchase tax that usually applies to [.].

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Tax Electric Cars China Cars 48

Baua Electric

JUNE 26, 2023

Auto tech startup MintList will creation its used-vehicle public sale and trade-in platform in Ontario in mid-July, because the Vancouver-based corporate takes its first step outdoor Western Canada. These days, MintList runs 30-minute auctions with taking part dealerships two times weekly in B.C.

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Sale Automobile Dealers Re-Charge 52

Baua Electric

FEBRUARY 2, 2024

Photo: Tesla The UK slashed value-added tax (VAT) to zero for folks installing battery storage in their homes from February 1, 2024. Buildings used solely for charitable purposes also qualify for the tax-free battery storage benefit. million homes with rooftop solar can now benefit from the tax cut.

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Tax Credit Batteries Battery Tax 52

Blink Charging

APRIL 4, 2023

Thanks to new tax credits for EVs and EV charging stations as well as lower fuel and maintenance costs for EVs, fleet managers can now save money while setting an example for other organizations. Limited time to claim tax credits for EV fleets There are currently numerous incentives to purchase EVs and EV charging equipment.

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Fleet Tax Credit Vehicles Tax 92

Teslarati

JANUARY 4, 2023

ZETA has a six-part policy platform to accomplish its ultimate goals: 1) creating jobs in every congressional district; 2) securing American global EV manufacturing leadership; 3) improving public health; 4) reducing carbon pollution. The IRA removes the 200,000 unit-per-manufacturer cap and provides up to $7,500 for new EV purchases.

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Gore Emissions Tax Credit Tesla 119

Baua Electric

JANUARY 20, 2024

How can you claim up to $7,500 off some new Tesla models at the time of purchase? With $7,500 of “retail bonus cash”—a rebate on purchases, not leases–the 2024 Hyundai Ioniq 6 is much cheaper than the Tesla Model 3. sales in calendar year 2023. inch infotainment screen. inch infotainment screen.

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Affordable Honda Hyundai Toyota 96

Green Car Congress

MAY 29, 2018

These studies modeled the decision factors that drive consumers to purchase PEVs: vehicle and energy prices, operating costs, available charging infrastructure and range, among others. This disparity results, in large part, from the models’ diverse assumptions about market conditions, vehicle and fuel prices, and other factors.

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Plug-in International Plug Vehicles 150