article thumbnail

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 […].

article thumbnail

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 More often than not, I fill them in.

article thumbnail

Rivian (RIVN) adds R1S SUV to lease program and expands to additional states

Baua Electric

Here’s the complete list: Arizona California Colorado Florida Georgia Illinois Massachusetts Michigan Missouri New Jersey New York Nevada Pennsylvania Texas Virginia Washington Rivian shared that an R1T or R1S lease immediately qualifies for the $7,500 clean vehicle tax credit , which is automatically deducted from the total price of the vehicle through (..)

SUV 98
article thumbnail

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.

article thumbnail

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.).

article thumbnail

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
article thumbnail

Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits. Ford’s action is only the most recent illustration of how automakers are incorporating more and more restrictive clauses into their leasing agreements. .

Ford 98