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New Bill Promises $2500 Tax Credit For Off Road EVs

CleanTechnica EVs

Fitzpatrick (R) of Pennsylvania, that would provide a $2500 tax credit for off-road EV purchases. The bill reads that, “there shall be allowed as a credit against the tax imposed by this chapter for the taxable year an amount equal […].

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Here’s how much money you’ll get with the Inflation Reduction Act

Baua Electric

Credit: Tesla The Inflation Reduction Act (IRA) is a “free electric bank account with your name on it.” It’s packed with rebates and tax credits that will help Americans purchase everything from EVs to solar and electrical appliances to heat pumps. We bought a US-made 2023 Volkswagen ID.4

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AMP Electric Vehicles and Momentum Dynamics form JV to deploy wirelessly charged electric paratransit vehicles; 2 vehicles slated for BARTA

Green Car Congress

BARTA is the first major transportation authority in Pennsylvania to deploy fully electric vehicles, and the first in the US to deploy electric paratransit vehicles. The Board of Directors for BARTA voted on and approved the purchasing agreement of two vehicles from AMP Electric Vehicles at a board meeting.

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Electric motorcycles are gaining momentum

Plug in America

Federal tax credit : Tax credit for the purchase of a new two-wheeled plug-in electric drive motor vehicle. Credit amount: up to $2,500. This credit is expiring on December 31, 2020, but a coalition of electric motorcycle companies are working to extend the federal tax credit.).

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The 2024 Chevy Blazer EV has a quirky $4k discount for Tesla drivers

Baua Electric

The $4,000 discount applies to both 2024 Chevy Blazer EV leases and purchases and according to CarsDirect, it can be stacked with other deals, such as the $7,500 tax credit and the $1,000 Costco member-only incentive.

El Paso 52
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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.

Ford 98
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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.