Green Car Congress

AUGUST 8, 2022

The US Senate has passed the Inflation Reduction Act, with nearly $400 billion in funding over 10 years for climate- and energy-related programs; among the myriad provisions in the 755-page bill are changes to the electric vehicle Federal tax credit of $7,500. The bill renews the credit starting in January 2023, and carries it through until the end of 2032. The credit will be available at the point of sale.

Tax Credit 258

Tax Credit Fisker Tax Austria 258

Green Car Reports

AUGUST 7, 2022

Price caps included with a proposed revamped federal EV tax credit could put pressure on automakers to produce more affordable electric models, argues a new Bloomberg report. An extension of the $7,500 credit reportedly has a good chance of moving through the Senate.

Tax Credit 164

Tax Credit Affordable Tax Price 164

Green Car Congress

JULY 9, 2022

A study by a team from the George Washington University finds that not all financial incentives are created equal in the eyes of prospective car buyers, and the current federal incentive—a tax credit—is, in fact, valued the least by car buyers. The study also found that whereas time-delayed incentives like federal tax credits favor wealthier buyers, immediate incentives like direct rebates were strongly preferred by used car buyers and buyers with lower incomes.

Tax Credit 285

Tax Credit Tax Buy Washington 285

EV Adoption

AUGUST 4, 2022

Additionally, the IRA could actually receive enough votes to pass, but not without potentially several significant changes — including to some of the EV tax credit requirements. The second disqualifying provision is two caps on the manufacturer’s suggested retail price (MSRP).

Tax Credit 82

Tax Credit Tax North America Chile 82

Green Car Reports

AUGUST 13, 2022

We paid a whole lot of attention to the $7,500 EV tax credit, as part of the Inflation Reduction Act, as it. Which super-efficient EV has gone Stealth? Who called Tesla’s Full Self-Driving irresponsible this week?

Tax Credit 120

Tax Credit Green Cars F-150 Price 120

Green Car Reports

JULY 5, 2022

Toyota likely hit the ceiling for the EV tax credit. Is the EV market on the verge of collapse over price pressures? Retroactive discounts apply to the Chevrolet Bolt EV and EUV. Electric trucks could pull off the majority of fleet uses today at a cost advantage.

Tax Credit 159

Tax Credit Tax Chevrolet Market 159

Teslarati

JUNE 13, 2022

The CEOs of Ford, General Motors, Stellantis, and Toyota all urged Congress to eliminate the cap on the $7,500 electric vehicle tax credit as zero-emissions vehicles cost more to manufacture. Tesla’s average transaction price has swelled to $65,369 per unit.

Tax Credit 83

Tax Credit Congress Tax Toyota 83

Green Car Reports

SEPTEMBER 24, 2021

And controversy swirls over a boost being given to unions as part of the EV tax credit. A revamped version of the federal EV tax credit, lifting the. The Hyundai Tucson Plug-In Hybrid beats the RAV4 Prime on affordability.

Tax Credit 148

Tax Credit Tucson Tax PHEV 148

Green Car Reports

AUGUST 4, 2021

An EV tax credit could soon extend to used vehicles. And the Leaf is now the lowest-priced EV in the U.S. With a price cut of more than $4,000, the 2022 Nissan Leaf is shaping up to be the lowest-priced U.S.-market

Tax Credit 158

Tax Credit Tax Supplies Green Cars 158

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.

Tax Credit 83

Tax Credit Tax Toyota Kia 83

Teslarati

JULY 29, 2022

Battery costs are declining quickly, but even Tesla still lists its 300-mile Semi variant with an estimated starting price of $150,000. Tesla’s official website for the Semi indicates that the expected base price of the vehicle’s 300-mile variant is $150,000.

Tax Credit 114

Tax Credit Affordable Tax Cheap 114

Green Car Reports

DECEMBER 22, 2020

An $8,000 federal tax credit on qualifying hydrogen fuel-cell passenger vehicles has been extended through January 2022 though the latest economic stimulus bill passed by the U.S.

2020 137

2020 Tax Credit Stimulus Congress 137

EV Adoption

NOVEMBER 26, 2021

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit.

Tax Credit 91

Tax Credit Tax PHEV South Korea 91

Baua Electric

AUGUST 4, 2022

Clearly the EV incentives will affect corporations’ choices about what fashions to make the place — with a premium on versatile manufacturing and reasonably priced autos.

Tax Credit 82

Tax Credit Auto Corporation Tax 82

EV Adoption

AUGUST 18, 2021

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV).

Tax Credit 91

Tax Credit Tax Parts Financing 91

InsideEVs

JULY 28, 2022

Tesla, GM, and Toyota may become eligible for the tax credit again, and it won't be geared toward rich people or pricey EVs

Tax Credit 83

Tax Credit GM Toyota Tesla 83

EV Adoption

AUGUST 18, 2021

A key component of the CEAA is nine proposed changes to the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) — more commonly known as the “federal EV tax credit.”. It is unclear how Tesla and GM will address this retroactive credit availability for leased EVs.

Tax Credit 87

Tax Credit Tax Parts Congress 87

EV Adoption

SEPTEMBER 7, 2021

One of the biggest complaints about the federal electric vehicle (EV) tax credit (IRC 30D) is that its structure of using a non-refundable tax credit is clearly more beneficial to higher-income households. How the Current Tax Credit Works For EV Buyers.

Tax Credit 56

Tax Credit Tax Purchase Parts 56

Green Car Reports

MAY 2, 2019

The new version is designed to limbo under the $45,000 (Canadian) price cap on Canada's new $5,000 (Canadian) electric-vehicle tax credit, which was itself designed to exclude wealthy Tesla buyers from receiving government rebates for buying their new cars. Canada EV tax creditTesla announced a new entry-level version of the Tesla Model 3 for Canada on Wednesday.

Tax Credit 101

Tax Credit 2019 Canada Tax 101

EV Adoption

AUGUST 19, 2021

Should expensive electric vehicles be excluded from the federal electric vehicle tax credit (IRC 30D)? While this question is often hotly debated on social media, the proposed changes to IRC 30D would draw a line in the sand and establish an $80,000 MSRP cap on the credit.

Tax Credit 83

Tax Credit Tax Hummer Parts 83

Green Car Reports

SEPTEMBER 8, 2015

When it comes to encouraging electric-car adoption, tax credits and other financial incentives are an important tool. They can help erase the typical price premium of electric cars over comparable internal-combustion models. California incentives tax credit plug-in cars transportation policyBut as greater amounts of money are given to electric-car buyers, there has been considerable debate over whether the.

Tax Credit 128

Tax Credit 2015 Tax Price 128

Electrek

AUGUST 11, 2021

The US Senate has voted to approve a non-binding resolution setting a $40,000 threshold on the price of electric cars that would be eligible for a $7,500 federal tax credit.

Tax Credit 114

Tax Credit Tax Price Electric Cars 114

Green Car Reports

MARCH 28, 2022

We look at how cobalt prices—and some bad U.S. Toyota and Nissan are introducing more EVs just in time for buyers to claim the full EV tax credit. The parent company of Jeep, Ram, Dodge, and Chrysler teams up with LG for a battery plant in Canada.

Tax Credit 124

Tax Credit Dodge Jeep Affordable 124

Green Car Congress

JANUARY 6, 2020

Fisker is pricing its new Ocean electric SUV with an MSRP of US $37,499. After the US federal tax credit is applied, the cost of the Fisker Ocean drops to a starting price of US$29,999 (US).

2020 227

2020 Tax Credit Fisker Tax 227

Teslarati

NOVEMBER 8, 2021

One of the most notable portions, for electric vehicle drivers at least, of President Joe Biden’s Build Back Better plan is the introduction of a massive $12,500 EV tax credit that will be offered to those who choose to drive sustainable cars.

Tax Credit 114

Tax Credit Tax General Motors GM 114

Teslarati

DECEMBER 9, 2021

The Biden administration’s proposed $4,500 EV tax credit buff for electric and electrified vehicles made in a union plant in the United States is meeting a big challenge. We shouldn’t use everyone’s tax dollars to pick winners and losers.

Tax Credit 110

Tax Credit Tax West Virginia Maryland 110

EV Adoption

NOVEMBER 29, 2021

In my previous article, Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives , I outlined and analyzed 13 proposed changes to IRC 30D (federal EV tax credit). The MSRP price caps by vehicle body type are: Vans: $80,000.

Tax Credit 52

Tax Credit Tax Hummer Bentley 52

Green Car Reports

FEBRUARY 15, 2021

As GM prepares for the introduction of two very upscale electric vehicles, the GMC Hummer EV and the Cadillac Lyriq, the Bolt lineup plays an important role, it faces one pesky problem.

Tax Credit 145

Tax Credit Affordable Hummer GMC 145

Green Car Reports

AUGUST 10, 2021

Pricing for the 2022 Hyundai Santa Fe Plug-In Hybrid will start at $40,535 (including destination) for the base SEL Convenience trim level, according to CarsDirect, which pulled the information from a recent order guide.

Tax Credit 152

Tax Credit Plug-in Tax SUV 152

Teslarati

MAY 27, 2021

The United States Senate Finance Committee is looking to boost the possible Electric Vehicle Tax Credit to $12,500 for manufacturers that have assembled union workers within the U.S. will still qualify for tax credits but will not receive the full amount.

Tax Credit 114

Tax Credit Tax Michigan F-150 114

EV Adoption

FEBRUARY 23, 2021

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit.

Tax Credit 78

Tax Credit Tax GM 2019 78

Electrek

SEPTEMBER 27, 2021

Tesla now offers price matching, so it’s important to shop for the best quotes. more… The post EGEB: Senators call for US solar manufacturing boost with tax credits appeared first on Electrek.

Tax Credit 105

Tax Credit Tax Manufacturer Personal 105

Teslarati

APRIL 29, 2022

West Virginia Democrat Joe Manchin blasted a potential expansion of the electric vehicle (EV) tax credit on Thursday, while also calling for the development of the hydrogen sector to decarbonize the transportation industry. The EV tax credit was set to be introduced with new terms.

Tax Credit 83

Tax Credit West Virginia Virginia Tax 83

Electrek

AUGUST 13, 2021

This week on the Electrek Podcast , we discuss the most popular news in the world of sustainable transport and energy, including the Tesla Cybertruck delay, the Model Y coming to Europe, and the proposed $40,000 price cap on electric cars to get the $7,500 tax credit.

Tax Credit 83

Tax Credit Sustainable Transportation Tax Price 83

Teslarati

APRIL 6, 2021

Tesla’s ( NASDAQ: TSLA ) stock price soared during Monday trading following the report of impressive Q1 2021 delivery and production numbers last Friday. Tesla and General Motors have both surpassed this threshold , effectively disqualifying them from giving their consumers the credit.

Tax Credit 114

Tax Credit Tax Chinese General Motors 114

Green Car Congress

SEPTEMBER 20, 2016

Chevrolet will offer the Bolt EV with a base Manufacturer’s Suggested Retail Price of $37,495 including destination charge. Depending on individual tax situations, customers may receive an available federal tax credit of up to $7,500 for a net value of $29,995. Pricing includes destination and freight charges and excludes tax, title, license and dealer fees.

2016 190

2016 Tax Credit 2017 Tax 190

EV Adoption

APRIL 4, 2021

The Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) tax credit – commonly referred to as the “Federal EV tax credit” has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US.

Tax Credit 53

Tax Credit PHEV Tax Miles 53

Green Car Reports

MAY 29, 2018

Adding to Elon Musk's headaches this month, Tesla is about to hit the limit on federal tax credits for electric cars. This could effectively raise prices for buyers of the company's critical Model 3. The tax credits, passed in 2008 as part of the Energy Improvement and Extension Act and signed by President George W. Bush, grant taxpayers who buy

2018 101

2018 Tax Credit 2008 Grant 101

Teslarati

AUGUST 11, 2021

The United States Electric Vehicle Tax Credit is one of the most notable advantages of purchasing a battery-electric car. Earlier this year, a $12,500 EV tax credit was discussed. EV buyers will get the $7,500 tax credit with a few catches appeared first on TESLARATI.

Tax Credit 83

Tax Credit West Virginia Tax Nebraska 83

Green Car Congress

MARCH 16, 2017

Lucid Motors, a Silicon Valley-based electric vehicle company, announced that the base version of its first vehicle, the Lucid Air luxury sedan ( earlier post ), will have a starting price of $52,500 after federal tax credits. While not finalized, pricing for a fully-optioned Lucid Air will be above $100,000. The exact pricing and options for the Launch Edition are not yet finalized, but it will be priced above $100,000 and include: 315-mile range.

2017 183

2017 Tax Credit Tax Price 183

Green Car Reports

MARCH 29, 2019

Consumers have less than three days to buy a plug-in Chevy Volt or Bolt EV from GM and still qualify for the full $7,500 federal tax. Nor does GM have any plans to cut prices after the tax cut expires on Monday, as Tesla did with its cars after the tax credit. And yet Chevrolet isn't making any final push to clear out inventories of either car.

2019 112

2019 Tax Credit GM Buy 112

EV Match

DECEMBER 29, 2020

The Alternative Fuel Infrastructure Tax Credit expires at the end of the year. Don’t forget to take advantage of the 30% federal tax credit, up to $1,000 for residential properties and $30,000 for commercial properties. Don’t delay so you can get your credit!

Tax Credit 53

Tax Credit 2020 Tax Installation 53

Electric Vehicles India

NOVEMBER 1, 2021

Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles . A proposed US tax credit for new electric bicycle purchases bumped backed up to a full 30%. The bicycle market in India is valued at USD 0.9 billion with 15 million bikes a year.

Tax Credit 70

Tax Credit Estonia Tax Switzerland 70