Remove tag Incentives
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GM expects Chevrolet Silverado EV to get full $7,500 tax credit

Teslarati

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. The legacy automaker recently announced that its customers will benefit from the full $7,500 clean vehicles purchase incentive across its entire EV fleet lineup under a given MSRP cap.

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Fisker and Foxconn’s ‘Project PEAR’ EV gets optimistic $30,000 price tag

Electrek

Although the original news surfaced months ago, Fisker and Foxconn have now shared that they anticipate this EV to cost under $30,000 before tax incentives. more… The post Fisker and Foxconn’s ‘Project PEAR’ EV gets optimistic $30,000 price tag appeared first on Electrek.

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Tesla slashes prices on Model Y and Model 3 inventory units

Teslarati

A red Model Y AWD is listed in the Bay Area with a $51,970 price tag. There is a red 2023 Model 3 Dual-Motor Performance AWD in Fremont, California, with a $53,590 price tag. New Tesla Model Y and Model 3 units are eligible for the federal EV tax credit under the Inflation Reduction Act. Its initial price was $52,490.

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Tesla rolls out forgotten Model Y configuration in Canada

Teslarati

Also, all Model Y RWD and Model Y Long Range AWD vehicles now qualify for a $5,000 federal iZEV incentive. The $5,000 comes directly of the purchase price of the vehicle (after tax). The $5,000 comes directly of the purchase price of the vehicle (after tax).

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Biofuel Companies and Trade Associations Push for Extension to Investment Tax Credits for Cellulosic Biofuels and The Inclusion of Algae Biofuels

Green Car Congress

A group of 35 biotechnology and biofuel companies and trade associations are urging the leaders of the House Ways and Means Committee to extend tax credits for cellulosic biofuels for four years, to allow algae biofuels to qualify for those tax credits, and to create an option for monetizing the tax credits as tax refunds.

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Biodiesel Board Study Asserts Critical Importance of Biodiesel Tax Credit, Calls for Extension

Green Car Congress

The original biodiesel tax credit was passed in 2004 and has been extended twice. per gallon excise tax credit. The biodiesel tax incentive is designed in a manner that makes biodiesel price competitive with diesel fuel in the marketplace. Economic Impact of Eliminating the Biodiesel Tax Credit.

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Michigan Adds Another $220M in Tax Incentives for Advanced Battery Companies

Green Car Congress

Granholm signed legislation that increases tax incentives for companies that develop and manufacture advanced batteries. The new law adds an additional $220 million in refundable tax credits for companies involved in the development and application of advanced-battery research, engineering, and manufacturing. Governor Granholm.

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