U.S. EV Tax Credit Tool Tracks Electric Car Savings

Credit to Author: Guest Contributor| Date: Sat, 15 Apr 2023 03:50:26 +0000

Consumers have a new resource for finding plug-in electric and fuel cell vehicle tax credits. Current owners and those considering an electric vehicle purchase can access a free tool developed by ORNL researchers for fueleconomy.gov. Oak Ridge National Laboratory researchers have developed an online resource to help consumers understand the electric vehicle tax credits available […]

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Tesla Touts Tax Credits & Price Cuts

Credit to Author: Steve Hanley| Date: Sun, 09 Apr 2023 01:21:05 +0000

Tesla's engineeringTesla has juggled its prices once again, lowering the price of the Model 3 RWD by $1,000 and the Model Y by $2,000. It has also added a RWD version of the Model Y for North America.

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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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The IRS Answers All Your EV Tax Credit Questions — Sort Of

Credit to Author: Steve Hanley| Date: Mon, 09 Jan 2023 02:18:28 +0000

RAM 1500 Revolution Electric Pickup TruckIn an effort to clear up confusion about the new federal tax credit for electric cars, the IRS has issued new guidelines for taxpayers.

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$4,000 Tax Credit For Used EVs Under $25,000 Starts Now, But When Will Tesla Model 3 Be Eligible?

Credit to Author: Paul Fosse| Date: Mon, 02 Jan 2023 06:55:42 +0000

Electric vehicles (EVs) have become increasingly popular in recent years due to their environmental benefits and cost savings on “fuel,” among other reasons. However, the upfront cost of purchasing a new EV can be prohibitively expensive for some consumers. As a result, many people opt to purchase a used EV in order to take advantage […]

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New Treasury EV Federal Tax Credit Rules May Benefit Foreign Automakers

Credit to Author: Steve Hanley| Date: Sat, 31 Dec 2022 08:20:08 +0000

The Treasury Department is writing rules for the federal EV tax credit that some think are not in line with the intent of the IRA.

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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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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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