U.S. Treasury, IRS Updates Procedures for Qualified Manufacturers, Dealers, & Sellers of Certain Qualified Clean Vehicles Under the Inflation Reduction Act

Credit to Author: US Department of Energy| Date: Thu, 20 Jun 2024 19:11:16 +0000

WASHINGTON, D.C. — The Department of the Treasury and Internal Revenue Service issued Revenue Procedure 2024–26 June 7 for the submission of information by qualified manufacturers of new clean vehicles and dealers and sellers of new clean vehicles and previously-owned clean vehicles. This guidance provides additional procedures for qualified manufacturers … [continued]

The post U.S. Treasury, IRS Updates Procedures for Qualified Manufacturers, Dealers, & Sellers of Certain Qualified Clean Vehicles Under the Inflation Reduction Act appeared first on CleanTechnica.

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Tesla Model 3 Long Range Now Eligible for Full $7,500 Tax Credit — Low Cost of Ownership Now

Credit to Author: Zachary Shahan| Date: Wed, 19 Jun 2024 22:07:37 +0000

You can now buy the Tesla Model 3 Long Range in the United States and get the full $7500 federal tax credit. That is, of course, if you have that much tax liability. Consult a tax professional before counting on the full $7500 if you are not sure of your … [continued]

The post Tesla Model 3 Long Range Now Eligible for Full $7,500 Tax Credit — Low Cost of Ownership Now appeared first on CleanTechnica.

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Get Ready for a Flood of EV Sales in Quebec, Canada

Credit to Author: Zachary Shahan| Date: Thu, 18 Apr 2024 03:54:25 +0000

What do companies want from government policy? They want consistency and predictability. Whether policies are more supportive or less, consistency and predictability allow a company to plan things out. They allow a company to more easily forecast consumer demand as well as company expenditures. It’s easy to get excited about … [continued]

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Tesla 2023 IRA Document For Tax Credit — How To Get It

Credit to Author: Zachary Shahan| Date: Sat, 27 Jan 2024 04:25:01 +0000

If you bought a Tesla in 2023 and are looking to get a tax credit from the US government, it … [continued]

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Climate Pollution Reduction Grants for Equitable Transportation Electrification

Credit to Author: Guest Contributor| Date: Thu, 18 Jan 2024 12:02:43 +0000

The federal Bipartisan Infrastructure Law and Inflation Reduction Act are making once-in-a generation investments in reducing greenhouse gas (GHG) pollution. … [continued]

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Don’t Buy Another Gas Car! No Hybrids Either. It’s Got To Be Electric!

Credit to Author: Arthur Frederick (Fritz) Hasler| Date: Thu, 08 Jun 2023 17:36:51 +0000

Your current car is getting a bit long in tooth and it’s time when you would normally be looking to replace it. Don’t buy another gas car! Some of you won’t let “them” pry a gas car from your cold dead fingers. However, many of the rest of us are open to the idea of […]

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Tesla To Reap $1.8 Billion From IRA Incentives, All Model 3 Cars Eligible For Full Tax Credit

Credit to Author: Steve Hanley| Date: Sun, 04 Jun 2023 12:34:29 +0000

Tesla stands to qualify for $1.8 billion in the federal production credits that are part of the Inflation Reduction Act this year.

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Loophole: How Ineligible Electric Cars Can Still Qualify for $7,500 Tax Credit

Credit to Author: Guest Contributor| Date: Thu, 18 May 2023 02:19:09 +0000

Recent changes to federal regulations deemed certain electric vehicles no longer eligible for the full $7,500 tax credit. However, a loophole has been spotted that restores eligibility to nearly any EV, whether from Tesla or other automakers. After the list of EVs qualifying for the full credit was cut significantly last month, some have discovered […]

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