Whoever Created The EV Leasing Loophole Subsidy Is A Clever Genius

Credit to Author: Zachary Shahan| Date: Tue, 17 Sep 2024 03:26:19 +0000

When Democrats in the U.S. House of Representatives, Democrats in the U.S. Senate, and the Joe Biden administrations worked together to extend and even revive electric vehicle subsidies for consumers, several rules were added. However, one loophole broke all of those rules, and it’s leading to a lot more electric … [continued]

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Tesla Has Gotten Tremendously More Support From Democrats

Credit to Author: Zachary Shahan| Date: Mon, 19 Aug 2024 03:57:32 +0000

A big part of this story was originally going to be about why Elon Musk has turned on Democrats, focusing particularly on he and Tesla getting slighted by Joe Biden in a press conference that really didn’t matter or mean anything. However, going into all of that probably doesn’t matter … [continued]

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IRS Guidance On Electric Drive Incentives Will Provide Clarity For The Stakeholders Throughout The Value Chain

Credit to Author: Press Release| Date: Sat, 04 May 2024 00:18:29 +0000

WASHINGTON — Following the IRS release of guidance on Section 30D and 25E incentives, Electric Drive Transportation Association (EDTA) President Genevieve Cullen said, “The Electric Drive Transportation Association (EDTA) shares the Administration’s vision for an electrified fleet, and our members are working to expand manufacturing capacity and strengthen the supply … [continued]

The post IRS Guidance On Electric Drive Incentives Will Provide Clarity For The Stakeholders Throughout The Value Chain appeared first on CleanTechnica.

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U.S. DOE Releases Final Interpretive Guidance on the Definition of Foreign Entity of Concern

Credit to Author: US Department of Energy| Date: Fri, 03 May 2024 23:38:45 +0000

Final Guidance Provides Clarity on Terms that Restrict FEOCs from Clean Vehicle Tax Credits and Support Growth of Domestic Battery Materials Processing and Manufacturing WASHINGTON, D.C. — Today, the U.S. Department of Energy (DOE) finalized its guidance interpreting the statutory definition of “foreign entity of concern” (FEOC) in Section 40207 of the Bipartisan … [continued]

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If Trump Is Elected President, The US EV Tax Credit Could Be Dead — And EV Production Will Drop

Credit to Author: Zachary Shahan| Date: Wed, 07 Feb 2024 17:56:46 +0000

I know, I know — it’s unfathomable that Donald Trump would be elected president again. That said, it was unfathomable … [continued]

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Will New Tesla Model 3 Become Eligible for $7,500 Tax Credit Again?

Credit to Author: Zachary Shahan| Date: Wed, 07 Feb 2024 14:14:06 +0000

When the Democrat-controlled US Congress and President Joe Biden extended the federal tax credit for electric vehicles a couple of … [continued]

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Only 10 Electric Car Models Will Qualify For Full Federal EV Tax Credit On January 1, 2024

Credit to Author: Steve Hanley| Date: Tue, 12 Dec 2023 16:25:42 +0000

The federal electric car tax credit rules will change on January 1, 2024, leaving some prospective buyers out in the cold.

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Ford Mustang Mach-E To Lose Tax Credit in January

Credit to Author: Jennifer Sensiba| Date: Sat, 09 Dec 2023 06:58:23 +0000

Earlier this month, Ford announced to dealers that the Mustang Mach-E would be losing access to the tax credits it … [continued]

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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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