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Pyka awarded $7M California tax credit to expand manufacturing of zero-emission autonomous aircraft

Green Car Congress

Pyka, a developer of autonomous electric aviation technology, was awarded a $7-million California Competes Tax Credit with the California Governor’s Office of Business and Economic Development (GO-Biz), approved last week by the California Competes Tax Credit Committee.

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EV tax credit becomes instant dealership rebate in 2024: Here's how

Green Car Reports

The federal EV tax credit will shift to a point-of-sale dealership rebate in 2024, giving customers instant access to the credit, the U.S. Under current rules, buyers can't claim the credit of up to $7,500 for new vehicles and $4,000 for used vehicles until they file their taxes. Effective.

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What happened next after Colorado launched its fantastic EV state tax credits

Electrek

Colorado passed a new law that ramped up generous EV state tax credits for both purchases and leases from July 1, and here’s what resulted. more… The post What happened next after Colorado launched its fantastic EV state tax credits appeared first on Electrek.

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US tax credits and subsidies for electric bikes are growing bigger

Electrek

more… The post US tax credits and subsidies for electric bikes are growing bigger appeared first on Electrek. Not only are more cities and states promoting financials incentives to help residents buy electric bicycles, but the incentives are often growing in value, too.

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EV tax credit changes mean low-income buyers can soon get full $7,500

Electrek

The IRS released new guidance on the EV tax credit today, and the changes mean that starting next year, low- and middle-income buyers will be able to get the full $7,500 credit even if they don’t have enough tax liability.

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Nissan’s LEAF EV now qualifies for a $3,750 tax credit

Electrek

The electric car that started it all now qualifies for the $3,750 EV tax credit. After satisfying a portion of the requirements, Nissan has been able to certify that 2024 LEAF EVs are eligible for the credit. more… The post Nissan’s LEAF EV now qualifies for a $3,750 tax credit appeared first on Electrek.

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Bigger E-Bike Subsidies And Tax Credits On The Horizon

InsideEVs

Bigger e-bike tax credits and subsidies are foreseen in many US cities, hinting that now may be the best time to make the shift to two wheels.