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The U.S. Treasury Department said Thursday that electric vehicles leased by consumers starting Jan. 1 can qualify for up to $7,500 in commercial clean vehicle tax credits, a decision that makes those assembled outside North America eligible.
Daily Archive: December 29, 2022
20 EV stocks that could rebound the most in 2023
EV stocks have been pummeled this year, but the long-term growth thesis is intact.
U.S. Treasury says consumer leases can qualify for EV tax credits
The U.S. Treasury Department said Thursday that electric vehicles leased by consumers starting Jan. 1 can qualify for up to $7,500 in commercial clean vehicle tax credits, a decision that makes those assembled outside North America eligible. The announcement is a win for South Korea and some automakers that earlier this month sought approval to use the commercial electric vehicle tax credit to boost consumer EV access. Automakers said the credit could be used to reduce leasing prices.
U.S. Treasury says consumer leases can qualify for EV tax credits
The U.S. Treasury Department said Thursday that electric vehicles leased by consumers starting Jan. 1 can qualify for up to $7,500 in commercial clean vehicle tax credits, a decision that makes those assembled outside North America eligible. The announcement is a win for South Korea and some automakers that earlier this month sought approval to use the commercial electric vehicle tax credit to boost consumer EV access. Automakers said the credit could be used to reduce leasing prices.
California Bans Deceptive Self-Driving Claims
California has a new law that prohibits automakers and dealers from claiming a car is capable of self-driving if it is not.
EXPLAINER: 2023 tax credits for EVs will boost their appeal
WASHINGTON (AP) — Starting Jan. 1, many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle. The credit, part of changes enacted in the Inflation Reduction Act , is designed to spur EV sales and reduce greenhouse emissions .
Treasury Delays Final Rules on Manchin EV Tax Credit to March
The US Treasury Department sketched out its interpretation of content requirements for electric-vehicle tax credits in President Joe Biden’s signature climate bill, while delaying final rules until March of next year.
What cold weather means to most EV drivers: More charging
It's well established that electric cars lose some range in cold weather, but for drivers that generally means more charging rather than less driving, according to a new report from battery analysis firm Recurrent. Recurrent's primary business is producing battery health reports for used EVs, but the company analyzes data used to produce those... Mercedes EQS
Mercedes S-Class — Intro The Mercedes S-Class does not need an introduction. For half a century, it has been the top-of-the-line mode from the Mercedes-Benz group of models. It is the “mass-market” luxury car segment just below Rolls-Royce, Bentley, and the likes. The S-Class is the first generation that brings new Mercedes-Benz options and technology […]
