Electric driving is about to become available to a whole new swath of car buyers, as substantial numbers of EVs enter the used-vehicle market. Continual improvements are decimating resale values for most models – a tough break for early adopters, but great news for bargain-seekers. The latest issue of the National Automobile Dealers Association’s Used… Read more »
Search Results Found For: "ev tax credit"
Georgia EV fans may sue state over new fee
The state of Georgia recently reversed its policy of encouraging EV adoption, not only eliminating its $5,000 tax credit for plug-in purchases, but saddling drivers with a yearly $200 road-use fee to boot. The leader of a local pro-EV group is considering a class-action lawsuit against the state. “We will challenge the state for discriminating… Read more »
Meanwhile, Massachusetts extends its EV rebate program
As other states, including Georgia and Illinois, are eliminating their tax incentives for EV purchases, Massachusetts has allocated an additional $2 million to its Massachusetts Offers Rebates for Electric Vehicles (MOR-EV) program, which offers rebates of up to $2,500 to residents who buy or lease plug-in or fuel cell vehicles. The MOR-EV program was initially… Read more »
Musk: Gigafactory is a no-lose proposition for Nevada
Elon Musk, always quick to respond to any perceived slight against Tesla, has posted a detailed rejoinder to a recent Fortune article that told the story of how the company selected a Nevada site for its Gigafactory. The article didn’t accuse Tesla of doing anything wrong, much less illegal. On the contrary, as befits a… Read more »
New study: state EV incentives are driving sales
Following up on its earlier review of national EV incentive programs, the International Council on Clean Transportation (ICCT) has released a new study showing that state incentives are playing a significant early role in driving EV sales. As described in their white paper, Evaluation of State-level US Electric Vehicle Incentives, the researchers found that some… Read more »
Chinese and US policymakers cooperate to spur EV adoption
The University of California, Davis, and the China Automotive Technology and Research Center (CATARC) have agreed to work together to establish the China-US ZEV Policy Lab, a research institution for US and Chinese ZEV/new energy vehicle policies. The California Air Resources Board (ARB) and China’s National Development and Reform Commission (NDRC) will co-chair the new… Read more »
Are auto dealers the EV’s worst enemy?
It’s safe to say that car dealers aren’t a particularly beloved bunch. Shopping for a car may not be as bad as going to the dentist, but for many people, it’s right up there. Technically-minded buyers find it frustrating to try to glean some factual information from the typical rambling sales pitch, while more gentle… Read more »
California bill would establish income cap for state EV rebates
California’s goal is to have 1.5 million zero-emission vehicles on the road by 2025 – more than 15 times the current number. The state offers a rebate of $2,500 to buyers of EVs, in addition to the $7,500 federal tax credit. However, sales remain well short of the rate needed needed to meet the ambitious… Read more »
Eight states announce major EV incentives
As the Charge Ahead California Initiative advances in the state legislature, seven other states have announced their own packages of pro-EV incentives. The collective goal is to put 3.3 million zero-emission vehicles on the road by 2025. The eight-state coalition, consisting of California, New York, Connecticut, Maryland, Massachusetts, Oregon, Rhode Island and Vermont, released an… Read more »
Plug-in incentives: $25 million more for California rebates, Colorado’s new EVSE grants
California adds $25 Million to it Clean Vehicle Rebate Program wait-list With fiscal year 2013-14 rebate funds depleted, California’s Clean Vehicle Rebate Program (CVRP) started accepting rebate reservations. On Friday, April 26, the California Air Resources Board authorized another $25 million for the wait-list, bringing the total to $30 million. The Board expects this additional funding to… Read more »
