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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp.,

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How Do the Used and Commercial Clean Vehicle Tax Credits Work?

Blink Charging

Usually when discussing federal electric vehicle tax credits in the United States , most people are referring to the Clean Vehicle Credit (formerly the Qualified Plug-in Electric Drive Motor Vehicle Credit) for new EVs. But that’s not the only federal tax credit for buying an EV.

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Audi’s Line Of EVs May Soon Be Produced In The United States

CleanTechnica EVs

The IRA encourages electric vehicle manufacturers to build their vehicles in the USA. For BEVs and PHEVs to remain eligible for tax credits, the final assembly must happen in North […].

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10.5% Of New Vehicle Sales Now Electric Vehicle Sales In Colorado

CleanTechnica EVs

of new vehicle sales in Colorado were electric vehicle sales in 2022. That’s a great result in the USA, which as a whole is closer to 6% or 7% of new vehicle sales being electric. Last year, Colorado saw its EV uptake pass the symbolically important 10% marker. In the end, 10.5% Colorado got to […]

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Volvo C40 Recharge EV coming to US with $58,750 MSRP

Green Car Congress

The Volvo C40 Recharge pure electric will start at an MSRP of $58,750 in the United States before tax credits. With the ambition to be a carbon neutral company by 2040, Volvo Cars is working towards 50% of its global sales to consist of fully electric cars by 2025. min, compared to the standard $0.43/min.

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The first entirely US-made crystalline solar panels are coming to market

Baua Electric

Canada-headquartered Heliene , which makes solar panels in Minnesota, will incorporate Georgia-based Suniva’s US-made monocrystalline silicon solar cells into its panels, and those “Made in the USA” panels will hit the market in mid-2024, thanks to a new three-year strategic sourcing contract between the two companies.

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Nevada the site for the Tesla Gigafactory pending legislative approval of incentive package estimated at up to $1.25B over 20 years

Green Car Congress

Elements of the agreement include abatements, tax credits, an economic development rate rider, and an agreement on direct sales. Abatements: Up to 100% abatement of Sales Tax until 30 June 2034. Up to 100% abatement of Real Property Tax until 30 June 2024. Transferable Tax Credit of 2.8%

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