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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India Readies $2.2 Billion In Incentives For Green Hydrogen

Credit to Author: Saurabh| Date: Mon, 02 Jan 2023 17:05:26 +0000

The Indian government could soon announce an incentive program worth $2.2 billion to help reduce the production of cost of green hydrogen.  According to Reuters, the incentive package could be part of next year’s budget scheduled to be tabled in the Sansad (India’s parliament) on 1 February.  The incentive package is expected to enable manufacturers […]

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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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Victoria’s Roadmap from Gas to Electricity

Credit to Author: David Waterworth| Date: Sat, 31 Dec 2022 22:25:15 +0000

The southern state of Victoria in Australia is making headlines as it moves from brown coal to wind and from fossil fuel gas to battery-firmed solar. As such, it is making a great effort to take the general public along for the journey along Victoria’s Roadmap, with education playing a key role in the sat […]

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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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Record Year for Electric Vehicle Battery Supply Chains

Credit to Author: NRDC| Date: Thu, 15 Dec 2022 03:38:46 +0000

Ford BlueOval SK Battery ParkThis Blog is part of NRDC’s Year-End Series Reviewing 2022 Climate & Clean Energy Developments

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Biden & Harris: Here’s $80 Million for Energy Upgrades in Public Schools

Credit to Author: U.S. Department of Energy| Date: Wed, 07 Dec 2022 03:07:56 +0000

Applications Open for K-12 Public Schools to Apply for Bipartisan Infrastructure Law Funding for Energy Improvements, Lowering Utility Costs and Fostering Healthier Learning Environments for Students WASHINGTON, D.C. — The Biden-Harris Administration, through the U.S. Department of Energy (DOE), has announced that applications are open for the Renew America’s Schools grant program. This initial funding round, up […]

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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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