Tax credits for many American-made EVs will drop on April 18

2022 Bolt EV assembly - battery marriageThe U.S. Department of the Treasury on Friday posted guidance for battery materials, helping to clarify whether those buying EVs as soon as later next month will be able to claim the $3,750 credit dedicated to this under the new Clean Vehicle Credit. Based on an initial look, the rules will cast a wide net that follows the more liberal definition...

EV tax credit consequence: Plug-in vehicle lease prices are soaring

2023 Toyota bZ4X Limited AWDSome shoppers for electric vehicles and plug-in hybrids are encountering severe sticker shock this weekend in monthly lease numbers. That’s because versus just a few days ago, a vast swath of EV and PHEV models are no longer eligible for the federal EV tax credit—now known as the Clean Vehicle Credit. On Thursday, Toyota pulled its...

California EV incentive is getting smaller in November

2020 Bentley Bentayga HybridA California incentive for plug-in cars is about to be reduced by half. Effective November 2, the California Clean Fuel Reward (CCFR) for electric cars and plug-in hybrids will go from $1,500 to $750. The program, as recently noted by CarsDirect, requires delivery of a qualifying vehicle by November 1 if buyers want to claim the larger amount...

Austria to let drivers of electric cars go faster

2019 Jaguar I-Pace SAustria is offering would-be electric-car owners (and current ones) a tempting incentive to go tailpipe-emissions-free: permission to drive faster than those with gasoline, diesel, or hybrid vehicles. Under a recently approved amendment to the country’s speed limits, aimed at rewarding those who choose electric vehicles, they will be given a...

Tesla sales: how much do rebates matter to buyers in Canada?

2013 Tesla Model S on Chilcotin Highway, Canada [photo: owner Vincent Argiro]The government of Ontario amended its plug-in electric vehicle incentive program in March, eliminating incentives for vehicles with a recommended price of $75,000 or more. What effect will this have on demand for Tesla’s Model S and X? Two years ago, this site analyzed the impacts on electric-car sales in British Columbia when funding for...

Tesla sales: how much do rebates matter to buyers in Canada?

2013 Tesla Model S on Chilcotin Highway, Canada [photo: owner Vincent Argiro]The government of Ontario amended its plug-in electric vehicle incentive program in March, eliminating incentives for vehicles with a recommended price of $75,000 or more. What effect will this have on demand for Tesla’s Model S and X? Two years ago, this site analyzed the impacts on electric-car sales in British Columbia when funding for...

Automakers, electric utilities want electric-car tax credit extended

2018 Chevrolet Bolt EVWith Tesla likely to hit 200,000 electric cars sold in the U.S. later this year, it will begin a phasedown process during which the income-tax credits available to its buyers start to dwindle on a set schedule. General Motors is likely to hit the same cap a couple of quarters after Tesla. Now those two companies are lobbying for an expansion of...

India plan for converting to electric cars by 2030 may get trimmed, a lot

Smog in Dehli, India (by Flickr user Mfield)Two years ago, the government of India proposed a remarkable and ambitious goal: make every new vehicle coming onto its roads electric by 2030. The plan was largely a response to some of the world's highest levels of hazardous air pollution in its cities, higher in many cases than the legendary foul air in Chinese cities. The world's second-most...