The Real Crime With The US EV Tax Credit — Pushing Larger Vehicles

Credit to Author: Zachary Shahan| Date: Tue, 16 Jan 2024 18:13:29 +0000

This kind of automobile favoritism is nothing new in the US. However, I’m having a tough week, and another update … [continued]

The post The Real Crime With The US EV Tax Credit — Pushing Larger Vehicles appeared first on CleanTechnica.

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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]

The post Ford Mustang Mach-E To Lose Tax Credit in January appeared first on CleanTechnica.

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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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Tesla Brings Back the Model 3 Long Range

Credit to Author: Guest Contributor| Date: Tue, 09 May 2023 23:10:23 +0000

Tesla’s Model 3 is its most popular sedan, and now the automaker has added a highly coveted variant of the electric vehicle back to its online order configurator. The variant, the Model 3 Long Range, is now available again, after being discontinued last August due to high demand. Last week, Tesla reintroduced the Model 3 […]

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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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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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