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Study finds EV buyers want rebates, not tax credits; government could have saved $2B

Green Car Congress

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. —Roberson and Helveston (2022).

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This Is The Time To Buy An EV — Tax Credits Will Expire Soon And Musk Doesn’t Care

CleanTechnica EVs

continued] The post This Is The Time To Buy An EV Tax Credits Will Expire Soon And Musk Doesn’t Care appeared first on CleanTechnica. There’s a great FLO charger in White River Junction at Hampton Inn, halfway between his two homes, which offers a nice boost.

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Elon Musk May Need to Recalculate His Opinion on EV Tax Credit Repeal

CleanTechnica EVs

continued] The post Elon Musk May Need to Recalculate His Opinion on EV Tax Credit Repeal appeared first on CleanTechnica. On the campaign trail last year, asked about US EV subsidies, Elon Musk said that he was opposed to all subsidies and would be happy with both EV and fossil fuel subsidies being removed.

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Fisker finesses the Inflation Reduction Act tax credit changes with binding sales contract; “Transition Rule”

Green Car Congress

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. In the US, the Fisker Ocean starts at $37,499 in the base Sport.

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Ford, GM, & Other Automakers Pushing to Keep US EV Tax Credits, Especially Leasing One

CleanTechnica EVs

As I just wrote, the wheels are now in motion to kill the US EV tax credit (or, well, all three of them the $7,500 one for certain new EV purchases, the $7,500 one for EV leasing, and the $4,000 one for used electric cars). One would think that.

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It’s back: Hyundai IONIQ 5 qualifies for $7,500 tax credit – again!

Electrek

The Hyundai IONIQ 5 got a raft of upgrades and sporty, rally-focused XRT trim level for 2025 but the biggest upgrade for the Made in America Hyundai might be this: the 5 has regained eligibility for the full $7,500 federal EV tax credit!

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Republicans in Congress Want to Put $1,000 Tax on EVs, & Kill the EV Tax Credit

CleanTechnica EVs

continued] The post Republicans in Congress Want to Put $1,000 Tax on EVs, & Kill the EV Tax Credit appeared first on CleanTechnica.