Budget deal restores tax credits for EV charging stations, electric motorcycles, fuel-cell cars

Green Car Reports

Fears that Congress would kill the federal tax credit for purchase of a plug-in electric car were laid to rest in December when that incentive survived the $1.5 billion tax-cut bill. Now Congress has added back a handful of other tax credits related to electric cars and greener transportation in the $400 billion budget bill it passed in the wee. incentives tax credit plug-in cars hydrogen fuel cell electric motorcycles

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Electric-car tax credit retained in Congressional tax reform bill: report

Green Car Reports

income-tax credit for purchase of a plug-in electric vehicle will not be killed after all. Politics Plug-In Hybrids congress incentives tax credit plug-in cars Battery Electric Vehicle (BEV We'll likely never know whether it was the influence of auto lobbyists, pressure from the actual public, or a letter signed by two dozen mayors. But however the sausage was made, it appears that the U.S.

Trending Sources

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.

Georgia to take second try at electric-car tax credit after killing first one

Green Car Reports

Several years ago, Georgia offered a generous state-tax credit for purchase of a zero-emission vehicle, and its sales of electric cars boomed. When state politics interceded to kill that credit in 2015—and add a new tax specifically on those same vehicles—the state became a case study on what happens when such incentives are suddenly. Politics incentives tax credit Georgia plug-in cars Battery Electric Vehicle (BEV) state laws

2018 16

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.

In an ideal world, this is how electric-car tax credits should work

Green Car Reports

The tax reform bill likely to be voted on by the U.S. Senate and House of Representatives retained a number of provisions originally slated to be cut from the tax code. Among them was the federal income-tax credit for purchase of a plug-in electric vehicle. New York Politics sales rebates Plug-In Hybrids California congress incentives tax credit plug-in cars Battery Electric Vehicle (BEV

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.

IL Suspends Clean-Car Rebates; GA Tax Credit In Trouble Too; Texas Next?

Green Car Reports

State tax credits and purchase rebates have proven effective in kickstarting the early market for plug-in electric cars and other green vehicles. Green Georgia Illinois Texas incentives plug-in cars rebates state laws tax credit But they don''t last forever, as buyers in Illinois and Georgia are learning; the Ilinois program has been suspended, and Georgia seems likely to kill off its program as well. Then there''s Texas, where a.

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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Tesla Model S P85D Torque, Georgia Electric-Car Tax Credit, Chevy CrossVolt: Today's Car News

Green Car Reports

Today we learn just how much torque the Tesla Model S P85D electric car produces, survey the ongoing fight over Georgia''s electric-car tax credit, and consider what the renewal of the CrossVolt trademark means for Chevy''s future electric-car lineup.

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

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

EPA 14

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.

Nevada treasurer, Faraday's nemesis, turns eye toward Tesla tax-credit transfer

Green Car Reports

Manufacturing government incentives jobs tax credit plug-in cars nevada gigafactory Faraday FutureThe state of Nevada has been fairly generous to startup electric-car makers that pledge to establish manufacturing operations within its borders. After offering a generous incentive package several years ago, the Silver State landed Tesla's lithium-ion battery "Gigafactory," which is now up and running just outside Reno. Then it lured the.

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

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

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

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.

Senate tax plan leaves electric-car purchase credit in place

Green Car Reports

income-tax credit for purchase of an electric car took a new turn on Thursday. HR1, the draft Tax Cut and Jobs Act introduced in the House of Representatives, would end the credit as of December 31. Senate version of the tax-reform bill introduced late Thursday, however, retains the credit. Politics senate tax credit taxes plug-in carsThe battle over early termination of the U.S.

Plug 23

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.

2016 41

Virginia proposes state-tax rebate up to $3,500 for electric-car purchase

Green Car Reports

Reid [D-32nd] has proposed a bill, expected to hit the House floor Wednesday, that would see buyers of electric vehicles receive a state-tax rebate of up to $3,500. Plug-In Hybrids incentives tax credit plug-in cars Battery Electric Vehicle (BEV) state laws VirginiaVirginia is for lovers—and it may soon be for lovers of electric cars and plug-in hybrids, too. Virginia House Delegate David A.

2018 23

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

BMW 22

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

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

Income-tax credits, Harley Davidson electrics, killing clean energy, Jan plug-in car sales: Today's Car News

Green Car Reports

Today, we've got bad news from our capitol (again), an electric Harley Davidson on the way, an explanation of which carmakers may lose income-tax credits for electric-car sales, and a January plug-in car sales report. All this and more on Green Car Reports. For the first time since modern electric cars went on sale seven years ago, two makers face. Today in Car News

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.

If you plan to buy an electric car, you should do it this month

Green Car Reports

Politics rebates congress incentives tax credit plug-in carsCommon wisdom has it that the last few days of any calendar year are the best time to buy a car. Not only are franchised dealers and their salespeople seeking to close out the month with a bang, but it's the end of a year and their allocation of cars next year can depend on how many they sell this year. In other words: bargains may be there for.

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.

Fisker EMotion, electric-car tax credit, plug-in cars for Costa Rica: Today's Car News

Green Car Reports

Today, we've got some wrapup articles from both last week's Consumer Electronics Show and this week's Detroit auto show, thoughts on the electric-car tax credit, and greener wheels in Costa Rica. All this and more on Green Car Reports. We were able to interview Henrik Fisker, the Danish designer whose Fisker EMotion 400-mile electric luxury car. Today in Car News

Draft tax bill eliminates credit for all electric-car buyers: report (updated)

Green Car Reports

The process of drafting a so-called tax reform bill has been shrouded in mystery, with even Republican congressmembers admitting they didn't know what provisions it would contain. But according to a report on Thursday, the draft of the Tax Cuts and Jobs Act proposed in the House of Representatives on Thursday immediately eliminates the income-tax. Politics rebates incentives tax credit taxes plug-in cars

Bolt EV in winter, 2018 Kia Niro, electric-car tax credits, 2018 Nissan Leaf news: The Week in Reverse

Green Car Reports

Which two automakers may start to run out of electric-car tax credits this year? What happens if you buy a used Fiat 500e electric car outside California and it needs service? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending on Friday, February 2, 2018. Friday, we wrote that it's taken. The Week In Reverse

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

2014 23

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

Tahoe 28

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.

Cars 17

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

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.

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.

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.

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.