Tax Credit For Hydrogen Fuel-Cell Vehicles Extended By Budget Deal

Green Car Reports

It included the renewal of a home-refueling tax credit that covers electric-car charging stations, a provision for installing charging stations at government facilities, and other relevant items. zero emissions hydrogen incentives tax credit hydrogen fuel cell transportation policyThe recently-passed Congressional transportation-funding bill contained many positives for electric-car advocates.

Most Electric-Car Tax Credits Benefit Highest-Income Households

Green Car Reports

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

Trending Sources

Ending tax credits would kill electric-car market, Edmunds says

Green Car Reports

The electric-car market may be in for a serious downturn when current federal tax incentives end, assuming the Trump administration declines to extend them, according to a new analysis. In 2010, the government began offering tax credits of $2,500 to $7,500 to the first 200,000 U.S. incentives tax credit plug-in cars

Electric-Car Charging-Station Tax Credit Expires On Dec 31st

Green Car Reports

More specifically, at least, you''ll have to get it up and running by December 31 this year in order to take advantage of a Federal income-tax credit of 30 percent of the cost of purchase and installation. The credit Consider this your last warning: If you''re planning on getting a charging station for a plug-in electric car, you only have 30 days.

CA bill would make up for federal electric-car incentives as they expire

Green Car Reports

Aside from the Federal income-tax credits available nationally, the state of California has its own purchase rebates. rebates California incentives tax credit plug-in cars Battery Electric Vehicle (BEV) state lawsThe state of California has a long track record of supporting electric cars and doing everything possible to ensure plug-in vehicles can be obtained by the largest number of drivers.

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When Do Electric-Car Tax Credits Expire?

Green Car Reports

By now, pretty much anyone who''s thinking of buying a plug-in electric car knows the Federal government offers an income-tax credit to help reduce the effective cost. But are shoppers who wait too long in danger of losing out on these credits? The short answer is no. Or at least, not if they buy within the next two or three years. Unlike a

Will GM or Tesla buyers lose electric-car tax credits first?

Green Car Reports

A major contributor to electric-car sales is the program under which buyers of new electric cars qualify for a federal income-tax credit of up to $7,500. But these tax credits are not unlimited. Once a manufacturer reaches sales of 200,000 plug-in electric cars (after December 31, 2009), the credits start to phase out for that company's cars. General Motors incentives Tesla Motors tax credit plug-in cars Tesla Model 3

VW: $50 Million In Tax Credits, Wanted Electric-Car Credits For Diesels Too

Green Car Reports

Buyers of various Volkswagen TDI diesel vehicles took about $50 million in Federal income-tax credits in 2009 for the purchase of their supposedly green car. With Michael Horn, CEO of VW Group of America, testifying to Congress today, those credits--and whether the Federal government should be reimbursed for them, and by whom--are likely to. emissions EPA TDI incentives CAFE tax credit regulation Corporate Average Fuel Economy

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Fight To Watch: Georgia Plans To Alter Electric-Car Tax Credit

Green Car Reports

That''s due to a $5,000 Georgia state tax credit for the purchase of a battery-electric vehicle, which can be used to cut state income-tax liability over one, two, or three years. Over the last two years, the metropolitan Atlanta area has become one of the single best sales regions for the Nissan Leaf electric car.

2016 Scion iM, Mercedes Tesla Rival, Electric-Car Tax Credits: Today's Car News

Green Car Reports

Today, we drive the 2016 Scion iM compact hatchback, Mercedes-Benz hints at a Tesla-rivaling electric car, and a new study finds that the majority of electric-car tax credits go to higher-income households. All this and more on Green Car Reports. The Tesla Roadster 3.0 battery upgrade will cost $29,000, and provide up to 330 miles of range, the. Today in Car News

60% of $18B in US clean energy tax credits 2006-2012 went to top 20% by income; 90% in the plug-in program

Green Car Congress

A working paper by a team at the Energy Institute at Haas, University of California, Berkeley, has found that 60% of the $18 billion in US federal income clean energy tax credits issued between 2006 and 2012—e.g., Electric Vehicle Credit.

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Why to buy that electric-car charging station (or electric motorcycle) this month

Green Car Reports

Politics incentives tax credit taxes plug-in cars Charging station EVSE Donald TrumpWith any new presidential administration comes a certain degree of legislative uncertainty. Conflicting statements on many issues by president-elect Donald Trump have produced more questions than usual about what policies he and his administration may pursue. But for present and future electric-car owners considering the purchase of a home.

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IRS Electric-Car Tax Credits: Reporting Discrepancies Remain

Green Car Reports

taxpayers start to grapple with their income-tax filings, due April 15, tens of thousands of taxpayers will benefit from a Federal income-tax credit of $2,500 to $7,500 offered to buyers of plug-in electric cars. As U.S. Enacted in 2009, it was intended to spur the early sales of such cars whose prices remain higher than those of their gasoline

VW Diesel Fix, Natural-Gas Car Tax Credits, 'Star Wars' Fiat 500e: Today's Car News

Green Car Reports

equipped with "defeat device" software, a new transportation bill may enable tax credits for natural-gas vehicles, and a Fiat 500e gets dressed up like a Star Wars Stormtrooper. Today, Volkswagen proposes a fix for the 482,000 2.0-liter diesel cars in the U.S. All this and more on Green Car Reports. A battery-pack retrofit may allow the BMW i3 to. Today in Car News

Natural-Gas Vehicles To Get Electric-Car Tax Credit In Transportation Bill?

Green Car Reports

As another Congressional session winds down, the two houses are working to pass a long-overdue transportation funding bill. And the natural-gas industry hopes certain provisions in the House's long-term transportation bill will survive the reconciliation process. Congress passed an interim funding bill last week, to keep transportation funding. Green NGV congress incentives natural gas natural gas vehicle transportation policy

Bill To Kill Georgia's Electric-Car Tax Credit Rises From The Dead

Green Car Reports

Last week, a Georgia House bill to end the state''s $5,000 tax credit for purchase or lease of a battery-electric vehicle was voted down by its Ways & Means Committee. State politics can be a funny thing. But yesterday, it mysteriously reappeared and was unanimously passed by voice vote after it was deemed only to have been "tabled." DON''T

GM Won't Fund CCS, VW TDI Fix Rejected, Electric-Car Tax Credits: Today's Car News

Green Car Reports

Today, General Motors says it won't fund Combined Charging Standard (CCS) DC fast-charging stations for the 2017 Chevrolet Bolt EV electric car, California rejects Volkswagen's proposed fix for 2.0-liter TDI diesel cars, and we look at when electric-car tax credits will expire.

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2014 Tesla Model S P85D Driven, Fuel-Cell Tax Credit, 2016 Toyota Prius Styling: Today's Car News

Green Car Reports

Today we''ve got a first drive of the 2014 Tesla Model S P85D electric car, news that the Federal income-tax credit for hydrogen fuel-cell vehicles will be allowed to expire, and a report on sporty styling for the 2016 Toyota Prius hybrid. All this and more on Green Car Reports. Want to know what it''s like to drive the 2014 Tesla Model S P85D

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Insult To Injury? GA Kills Electric-Car Incentive, Adds Last-Minute Luxury-Car Tax Break

Green Car Reports

As feared by advocates, last week Georgia passed a highway-funding bill that killed its $5,000 income-tax credit for purchase of a battery-electric vehicles. Green Georgia Manufacturing Politics incentives plug-in cars state laws tax credit It hasn''t been a particularly good year so far for electric-car purchase incentives.

Workplace Charging, Hydrogen Car Tax Credit, Exhaust-Powered Generator: Today's Car News

Green Car Reports

Today we''ve got reports on the growth of workplace electric-car charging, impeding expiration of the Federal hydrogen fuel-cell vehicle tax credit, and a new hybrid powertrain that sues exhaust gases to generate electricity. All this and more on Green Car Reports. We''ve updated our November plug-in electric car sales report with more figures.

Georgia Electric-Car Fee Cut From $200 To $75 By Proposed Bill

Green Car Reports

Last spring, opponents of the state's generous $5,000 income-tax credit for purchase of a zero-emission vehicle killed off the incentive, in effect since 1998. incentives tax credit Georgia plug-in cars state lawsFor a couple of years, Georgia offered an example to the rest of the nation on how a seemingly unlikely state could boost electric-car sales. Then it all came crashing down.

US tax credits for EVs ‘ineffective’

Green Cars News

Oh no.no sooner have we had an attack on the UK Government’s strategy for boosting electric car sales (see story) then a report comes out damning the US’ approach too. The Congressional Budget Office (CBO), an independent body which examines government spending, says that current measures to support electric vehicles and other low carbon vehicles [.]. Electric cars Hybrid cars electric car plug-in hybrid USA

2012 Tax Credits For Electric Cars And Charging Stations

Green Car Reports

One month from today is Tax Day, April 15. Let us repeat that: Your Federal income taxes (and your state and local taxes too, if you live in places with their own income taxes) must be filed 31 days from today. So consider this our friendly reminder to start getting your paperwork in order if you plan to take advantage of any of the Federal tax

2018 BMW i3 preview, electric-car tax credit phaseout, hydrogen airplanes: Today's Car News

Green Car Reports

Today, we have spy shots of the 2018 BMW i3 electric car, estimations of which automakers will lose their electric-car tax credits first, and an argument for liquid hydrogen as a replacement for jet fuel in airplanes. Tax credits for electric cars start to phase out when automakers reach 200,000 sales.

US ponders boost to EV tax credits

Green Cars News

The US government is considering cutting taxes on liquefied natural gas (LNG) and increase tax breaks for electric cars to increase the uptake of alternative fuel vehicles.

What Should Georgia Electric-Car Buyers Do By June 30?

Green Car Reports

Georgia's income-tax credit for the purchase of a zero-emission vehicle will become history in about six weeks. That poses a problem for the state's electric-car shoppers: Buy before June 30 to take advantage of the expiring credit, or wait for improved battery-electric cars expected to arrive within two years. Politics incentives tax credit Georgia plug-in cars state laws

Obama 2012 Budget Proposes Higher Tax Credit For Plug-In Cars

Green Car Reports

The budget also suggested that the tax credit for Two days ago, President Barack Obama released his proposed U.S. government budget for the fiscal year starting in October. And in it, he followed through on a promise from his State of the Union address last month, by proposing to cut up to $4 billion in subsidies to the oil and gas industry.

Will Georgia's $5,000 Electric-Car Tax Credit Be Axed In 2015?

Green Car Reports

Early this year, we wrote about efforts in the Georgia state legislature to kill the state''s $5,000 income-tax credit for purchasing a battery-electric vehicle. Among the most generous state incentives in the nation, Georgia''s credit has put the metropolitan Atlanta area among the top areas where electric cars are sold and widely used.

Obama Budget Boosts Funding For More Efficient Cars, Hikes Electric-Car Tax Credit

Green Car Reports

President Barack Obama has said he wants to boost the Department of Energy''s vehicle research budget 75 percent to help develop more efficient cars.

Tax credits for Tesla Gigafactory will cost Nevada up to $1.1 billion

National Green Transportation

On Thursday, Tesla Motors made a long-awaited announcement, revealing that the Tahoe-Reno Industrial Center had been chosen to host the Gigafactory. That factory is critical to Tesla's success, because it will produce battery packs in

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Dealer brings 'forbidden fruit' used electric cars to Boulder, Colorado

Green Car Reports

incentives Used Cars tax credit plug-in cars state lawsSome markets are stronger than others for certain types of cars. Think Subarus in the Northeast or the Rocky Mountains, convertibles in Florida, and pickup trucks in Texas. Used-car dealers carefully watch auctions to find cars in less demand elsewhere that they can sell locally for more money. Now, a used-car dealer in Boulder, Colorado, has made.

Tesla 'Best Overall' Vehicle, 2016 Toyota Mirai Factory, Georgia Electric-Car Tax Credit Threat: Today's Car News

Green Car Reports

Today, the Tesla Model S once again nabs Consumer Reports'' "Best Overall" vehicle honor, the 2016 Toyota Mirai hydrogen fuel-cell car gets built in small batches in Japan, and a bill to kill Georgia''s electric-car tax credit rises from the dead.

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Hydrogen Fuel-Cell Vehicle Tax Credit Expires This Month: Will It Be Renewed?

Green Car Reports

market, a key tax incentive will expire at Financial and other incentives are widely viewed as a good way to kickstart the adoption of new green vehicles, largely to compensate for their higher prices against conventional gasoline cars. But just as Toyota is building up to next fall''s launch of its 2016 Mirai hydrogen fuel-cell vehicle in the U.S.

Colorado's Electric-Car Credit: Applies To Used Cars Too

Green Car Reports

incentives Used Cars tax credit plug-in cars state lawsThe checkerboard pattern of constantly changing electric-car incentives and fees among the 50 American states often baffles outsiders. And as states go, Colorado has a mixed record. But its electric-car incentive turns out to have a quirk not shared by any other state, as far as we can determine. DON'T MISS: Want $42K Off A New Tesla Roadster?

Georgia Tax Credit, Chrysler Start-Stop, Electric Car Price Guide: Today In Car News

Green Car Reports

Today on Green Car Reports: Georgia''s $5,000 electric-car tax credit is threatened, Chrysler fits start-stop to certain 2015 models, and our updated electric-car price guide. All this and more on Green Car Reports. We''ve got pricing and specs for every 2014 and 2015 plug-in car in our electric car price guide. Ohio thumbs its nose at energy

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2017 BMW i3, VW diesel update, Tesla Model 3 tax credits: Today's Car News

Green Car Reports

Today, we have details on the 2017 BMW i3 electric car, news that Volkswagen is delaying a report on its diesel cheating, and a theory of how Tesla could get more tax credits for the Model 3. All this and more on Green Car Reports. Learn about electric-car battery costs, the Germans' reaction to Tesla, and more in our Week in Reverse feature and. Today in Car News

Will Georgia Kill Its $5,000 Tax Credit For Electric-Car Purchases?

Green Car Reports

Legislation proposed by Representative Chuck Martin last Thursday night would end the $5,000 electric-vehicle tax credit by April 1, the Atlanta Business Chronicle reports. The credit--among the highest offered by any state--applies to new electric-car purchases or For Georgia electric-car owners, things aren''t looking too peachy this week.

Colorado simplifies electric-car incentive, but axes used models

Green Car Reports

However, it would remove the eligibility of used cars that could qualify for the same credit. The measure, House Bill 16-1332, would make the state's electric and alternative vehicle credits considerably simpler, by giving the tax. rebates incentives Used Cars tax credit plug-in cars state lawsLast week, the Colorado State Legislature passed a bill that would simplify the state's electric car incentives.

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MD Boosts Electric-Car Tax Credit, CA Adds Funds To Rebate Program

Green Car Reports

Government incentives are a major perk of electric-car ownership, and two states have now ensured that more people are encouraged to drive zero-emission vehicles. On April 7, the Maryland General Assembly passed HB 1345 (via Charged EVs), which now awaits the signature of Governor Martin O''Malley. The bill--introduced by Delegate Brian K

My Hummer Isn't Electric? IRS Details False Tax Credit Claims

All Cars Electric

taxpayers wrongly claimed a staggering $33 million under the electric tax credit incentive scheme, a Treasury Department inspector general report has revealed. The credits, designed to encourage the uptake of plug-in hybrid and electric-only vehicles under the American Clean Energy and Security Act During the first half of 2010, nearly 13,000 U.S.