10.5% Of New Vehicle Sales Now Electric Vehicle Sales In Colorado

Credit to Author: Zachary Shahan| Date: Wed, 15 Feb 2023 02:55:41 +0000

Last year, Colorado saw its EV uptake pass the symbolically important 10% marker. In the end, 10.5% of new vehicle sales in Colorado were electric vehicle sales in 2022. That’s a great result in the USA, which as a whole is closer to 6% or 7% of new vehicle sales being electric. Colorado got to […]

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How The IRS Ignored The Inflation Reduction Act & Snubbed The Most Popular Electric SUVs From The Federal Tax Credit

Credit to Author: Michael Grinshpun| Date: Wed, 11 Jan 2023 04:27:33 +0000

The classification decisions made by the Treasury are not consistent with either the letter or intent of the Inflation Reduction Act, are unfair to full battery electric vehicles, and are confusing for consumers.

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Ford Wants U.S. Government To Be Lenient With EV Tax Credit Requirements

Credit to Author: Jennifer Sensiba| Date: Thu, 24 Nov 2022 09:16:31 +0000

Ford wants the U.S. to be a bit loose in determining whether EVs comply with new EV tax credit requirements. Read on for what’s going on here. Some Background Rare-earth minerals are a big deal. By mining rare-earth minerals, we are then able to obtain the rare-earth elements needed for renewable energy, mobile devices, and […]

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Taxes on EVs Cut, Incentives Added in Australia

Credit to Author: David Waterworth| Date: Tue, 22 Nov 2022 07:57:55 +0000

Import tariffs and the Fringe Benefits Tax (FBT) will be cut on electric vehicles costing below $84,000 (AUD) in Australia. It is an exciting time to be watching the surge in EV ownership taking place as Labor makes good on its election promises. Taxes on EVs cut, incentives added — the electric future is bright. […]

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5 Things To Know About The Updated EV Charging Tax Credit

Credit to Author: Guest Contributor| Date: Wed, 21 Sep 2022 10:00:57 +0000

Article by Samantha Houston, a senior vehicles analyst for the Clean Transportation program at Union of Concerned Scientists. The Inflation Reduction Act (IRA) contains a tax credit that can be used for electric vehicle charging infrastructure. You might have missed it because its name is a bit wordy and doesn’t contain the words “electric” or […]

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$4,000 EV Rebate Available in Illinois for Another Month

Credit to Author: Zachary Shahan| Date: Mon, 29 Aug 2022 00:12:46 +0000

If you’re in Illinois and thinking about getting an electric car, you better get on it fast. A $4,000 purchase rebate for electric vehicles is available right now, but the application period ends on September 30, 2022. Note that this $4,000 rebate is for buying either a new or used electric vehicle (not including motorcycles), […]

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BEV Demand Increasing, ICEV Demand Decreasing Across Europe

Credit to Author: David Waterworth| Date: Sun, 14 Aug 2022 15:14:14 +0000

Compared to 2021, new passenger car sales have dropped by at least 11% and up to 20% in Germany, France, Spain, Italy, and the UK. Full electric vehicle (BEV) demand is increasing; internal combustion engine vehicle (ICEV), conventional hybrid electric vehicle (HEV), and plugin hybrid electric vehicle (PHEV) demand are decreasing throughout Europe. Put simply, […]

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Why I Think The EV Tax Credits In The Inflation Reduction Act Will Work Out

Credit to Author: Jennifer Sensiba| Date: Thu, 11 Aug 2022 01:50:38 +0000

There has been a lot of debate over the revamped EV tax credits we’re going to see as part of the recently passed Inflation Reduction Act. While there were many other things in the bill, including a controversial expansion of the IRS, the cleantech world has been focused on how the bill will affect electric […]

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