Electrek

MAY 26, 2023

The automaker says EV leases are climbing as buyers take advantage of the tax credit provided by the Inflation Reduction Act (IRA). more… The post Hyundai CEO reveals US EV leases are climbing as buyers take advantage of IRA tax credit appeared first on Electrek.

Tax Credit 119

Tax Credit Hyundai Tax Electric Vehicles 119

Green Car Reports

APRIL 6, 2023

Ford on Wednesday confirmed that the F-150 Lightning electric pickup truck and Lincoln Aviator Grand Touring plug-in hybrid SUV will be eligible for the full $7,500 federal tax credit going forward, while all of its other current EVs and plug-in hybrids will be eligible for smaller amounts. Treasury.

F-150 170

F-150 Tax Credit Ford Tax 170

Teslarati

JANUARY 3, 2023

The Internal Revenue Service (IRS) is inviting consumers to share comments on the electric vehicle tax credit qualifications. In December, the IRS announced the vehicles that qualified for the 2023 EV tax credit. The graph below shows which Tesla vehicles qualify for the EV tax credit. Credit: IRS.

Tax Credit 145

Tax Credit Tax Electric Vehicles Tesla 145

Green Car Reports

JANUARY 1, 2023

In the months even before we knew some used plug-in hybrids would be eligible for a $4,000 used EV tax credit, market interest in plug-in hybrids was on the rise, according to a recent pricing analysis.

Tax Credit 182

Tax Credit Tax PHEV Price 182

Teslarati

APRIL 7, 2023

The Tesla Model 3 RWD, the most affordable vehicle in the company’s lineup, will see its federal tax credit reduced from $7,500 to $3,750, as confirmed by an update on Tesla’s official Model 3 page. The reduction in the federal tax credit for the Model 3 RWD will take effect on April 18.

Tax Credit 130

Tax Credit Tesla Tax Electric Vehicles 130

Green Car Reports

FEBRUARY 3, 2023

Treasury Department on Friday announced an update on how vehicles will qualify as a car or an SUV under the revamped EV tax credit, now known as the clean vehicle tax credit.

Tax Credit 140

Tax Credit SUV Tax Price 140

InsideEVs

MAY 31, 2023

The new incentive goes into effect July 1; an additional tax credit of $2,500 for EVs under $35,000 will be available from 2024.

Tax Credit 98

Tax Credit Tax Colorado Available 98

CleanTechnica EVs

MARCH 31, 2023

The final version of the rules for the EV tax credit will be issued by the Treasury department on April 18.we we hope.

Tax Credit 121

Tax Credit Tax Electric Cars Electric Vehicles 121

CleanTechnica EVs

APRIL 14, 2023

Consumers have a new resource for finding plug-in electric and fuel cell vehicle tax credits. Oak Ridge National Laboratory researchers have developed an online resource to help consumers understand the electric vehicle tax credits available […]

Tax Credit 93

Tax Credit Electric Cars Tax Electric 93

Energy Institute at HAAS

MAY 22, 2023

At the heart of this deal are billions of dollars in clean energy tax … Continue Reading Can Targeted Tax Credits Bring Clean Energy to Coal Country? The Bidenomics of place-based climate policy. The Inflation Reduction Act (IRA) is a big climate deal.

Tax Credit 101

Tax Credit Coal Tax Clean 101

Electrek

APRIL 20, 2023

After submitting updated documentation, the Rivian R1S and R1T models will, in fact, qualify for at least a portion of the EV tax credit. more… The post Rivian R1T and R1S now qualify for (some) of the EV tax credit appeared first on Electrek.

Tax Credit 133

Tax Credit Tax 133

Green Car Reports

JANUARY 27, 2023

Senator Joe Manchin this week introduced a bill seeking to delay federal EV tax credits, claiming the Treasury Department isn't adhering to recently enacted rules.

Tax Credit 162

Tax Credit Tax Vehicles 162

Electric Driver

MARCH 3, 2023

federal government is offering a clean vehicle tax credit to help promote the purchase of electric vehicles as an effort to reduce carbon emissions. The clean vehicle tax credit of up $7,500 depends on several factors. Here are some details on what is needed to qualify for the tax credit.

Tax Credit 111

Tax Credit Vehicles Tax Clean 111

Electrek

MARCH 23, 2023

Tesla told employees that it expects to lose the full $7,500 federal tax credit on its cheapest electric car because the batteries come from China. more… The post Tesla expects to lose full $7,500 tax credit on its cheapest electric car appeared first on Electrek.

Tax Credit 143

Tax Credit Electric Cars Tesla Tax 143

Green Car Reports

DECEMBER 13, 2022

The Internal Revenue Service (IRS) on Monday released an introduction for the full eligibility rules for the revamped federal EV tax credit, and it looks like automakers—as well as sellers—will have to submit a lot of reports.

Tax Credit 168

Tax Credit Tax International 168

CleanTechnica EVs

APRIL 19, 2023

The US federal tax credit for electric vehicles has been updated, and that means that some electric cars, trucks, and SUVs no longer qualify for the full tax credit — or even half the tax credit. Actually, most electric vehicles on the market in the United States no longer qualify!

Tax Credit 135

Tax Credit Electric Cars Electric Vehicles Fully Electric 135

Green Car Reports

NOVEMBER 14, 2022

Congressional lawmakers are seeking to delay requirements for domestically sourced content under the revamped federal EV tax credit.

Tax Credit 163

Tax Credit Tax 163

Green Car Reports

AUGUST 16, 2022

With President Biden signing the Inflation Reduction Act on Tuesday, time is nearly up to get your purchase paperwork completed for a new EV or plug-in hybrid and still earn the federal tax credit.

Tax Credit 206

Tax Credit Plug-in Plug Hybrid 206

Green Car Reports

MARCH 28, 2023

A trade pact could make EVs with battery materials sourced from Japan eligible for federal tax credits, the Japan Times reported Tuesday. The Inflation Reduction Act (IRA) requires major battery components and critical minerals to be sourced from countries with which the U.S.

Tax Credit 138

Tax Credit Japan Tax Batteries 138

Teslarati

MARCH 29, 2023

The United States Department of Treasury’s battery sourcing guidance might slash EV Tax credits from the Inflation Reduction Act (IRA). The Treasury will release the battery guidance for the IRA EV tax credits this Friday, April 1, 2023. The battery guidance on sourcing minerals will increase by 10% annually.

Tax Credit 89

Tax Credit Batteries Battery Tax 89

Electrek

MAY 17, 2023

The move comes as the two automakers look to ensure EV models qualify for the IRA tax credit. more… The post Kia and Hyundai to build EVs in Mexico for IRA tax credit eligibility appeared first on Electrek.

Tax Credit 98

Tax Credit Kia Hyundai Mexico 98

The Driven EV News

MAY 29, 2023

Colorado has introduced a new EV tax credit which combined with federal incentives will reduce the cost of a Model Y by one quarter. The post Colorado introduces tax credit to help slash cost of new EVs by one quarter appeared first on The Driven.

Tax Credit 77

Tax Credit Colorado Tax Cost Of 77

Teslarati

MARCH 8, 2023

Rivian emailed customers about the Internal Revenue Service’s (IRS) recently released guidance regarding the EV tax credits under the Inflation Reduction Act (IRA) of 2022. Foley & Lardner LLP explained the latest IRS guidance regarding EV tax credits. The Teslarati team would appreciate hearing from you.

Tax Credit 98

Tax Credit Tax North America Electric Vehicles 98

Teslarati

APRIL 17, 2023

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. If it does, the Silverado EV will qualify for the IRA’s full $7,500 EV tax credit. GM issued a list of electric vehicles in its lineup that would qualify for the full EV credit.

Silverado 124

Silverado Chevrolet Tax Credit GM 124

Green Car Reports

DECEMBER 1, 2022

Some Tesla purchases will qualify for at least $3,750 off under the revamped EV tax credit starting January 1. But the automaker on Thursday started this rolling a little early—as a discount of $3,750 on its most popular Model 3 or Model Y electric cars.

Tax Credit 158

Tax Credit Tesla Tax Electric Cars 158

Electric Cars Report

JANUARY 9, 2023

As of January 1, the tax credits for buying electric vehicles have undergone significant changes as a result of President Biden’s comprehensive climate legislation, which was signed into law in the previous year. These credits have existed for a while, but the recent overhaul represents a major shift.

Tax Credit 126

Tax Credit Tax Electric Vehicles Electric Cars 126

Green Car Reports

JANUARY 4, 2023

The 2023 Chevrolet Bolt EV once again qualifies for the federal EV tax credit, but now it's also getting a small price increase. General Motors lost eligibility for the $7,500 credit when it reached the 200,000-unit sales cap that was previously in place.

Tax Credit 165

Tax Credit Tax General Motors Chevrolet 165

InsideEVs

APRIL 17, 2023

The South Korean automaker says it immediately lost EV market share the moment the new US EV tax credit became law.

Tax Credit 111

Tax Credit Tax Hyundai Market 111

CleanTechnica EVs

MAY 17, 2023

Recent changes to federal regulations deemed certain electric vehicles no longer eligible for the full $7,500 tax credit. After the list of EVs qualifying for the full credit was cut significantly last month, some have discovered […]

Tax Credit 81

Tax Credit Electric Cars Tax Electric 81

Electrek

APRIL 20, 2023

VW has become the first non-US automaker that qualifies for the full $7,500 US federal EV tax credit. more… The post VW is now the first foreign carmaker to qualify for the full EV $7,500 tax credit appeared first on Electrek.

Tax Credit 124

Tax Credit Tax 124

Electric Driver

SEPTEMBER 3, 2022

You may be wondering what is an electric car federal tax credit. The US government provides people incentives to switch from gas to electric cars and will give you up to a $7,500 tax credit to make the change. This article will cover why there is an electric car tax credit, who qualifies for it, […].

Tax Credit 110

Tax Credit Electric Vehicles Tax Vehicles 110

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 208

Tax Credit Affordable Tax Price 208

Green Car Reports

DECEMBER 29, 2022

may be eligible for a tax credit of. Treasury Department confirmed Thursday that buyers can effectively bypass both the American final assembly and critical-mineral requirements for electric vehicles—if those EVs are leased. That means, according to Reuters, starting Jan.

Tax Credit 157

Tax Credit Tax Electric Vehicles Vehicles 157

Electrek

DECEMBER 29, 2022

The IRS has now released its full list of electric vehicle models eligible for the new and updated $7,500 US federal tax credit. The post Here are the Tesla models eligible for $7,500 US federal tax credit appeared first on Electrek. Here’s the list of Tesla models eligible.

Tax Credit 143

Tax Credit Tesla Tax Electric Vehicles 143

Electrek

FEBRUARY 24, 2023

German automaker and VW Group subsidiary Audi is flirting with the idea of implementing EV production on US soil, so its vehicles can once again qualify for federal tax credits under new terms outlined in the Inflation Reduction Act.

Tax Credit 133

Tax Credit Audi Tax Production 133

Teslarati

MARCH 29, 2023

Tesla published a notice on the Model 3 RWD’s configurator page, informing buyers that its EV tax credits will reduce by March 31. The Tesla Model 3 RWD will be affected by the US Treasury’s battery guidance for the Inflation Reduction Act’s (IRA) $7,500 EV tax credits.

Tax Credit 96

Tax Credit Tesla Tax Batteries 96

CleanTechnica EVs

NOVEMBER 28, 2022

Changes to the federal tax credit for electric vehicles have introduced lots of new provisions. Here's what we know so far.

Tax Credit 135

Tax Credit Tax Electric Vehicles Vehicles 135