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The EV Drive Coalition, which formed with a stated goal to reform the federal electric vehicle tax credit, announced its official launch as the U.S. Congress convenes for its lame duck session.
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Congressional negotiators will spare a $7,500 federal tax credit that has supported sales of plug-in electric vehicles, which was put in place in 2008 and 2009 for plug-in and converted plug-in electric vehicles.
Read More →A $7,500 federal tax credit that has fueled sales of plug-in electric vehicles in recent years could be eliminated if House Republicans can include the proposal in the tax cut bill now under discussion, reports Reuters.
Read More →The California Competes Tax Credit Committee has approved a $250,000 tax credit for Green Commuter to assist the Los Angeles-based company with continued expansion of its electric vehicle car sharing, vanpool and fleet replacement service.
Read More →Establishing a $2,500 tax credit for the purchase of electric vehicles in North Carolina would boost the state’s GDP by $52 million over the next 16 years, says a new study.
Read More →Colorado has passed a bill that provides a $5,000 tax credit for in-state buyers of battery-electric vehicles.
Read More →A $34.7 million California tax break will allow Tesla Motors to broadly expand its production of electric cars and powertrains.
Read More →Many eligible fleets may be leaving money on the table by not filing for alternative-fuel tax credits. The filing process isn’t as tricky as it may appear to be.
Read More →The Illinois Department of Commerce and Economic Opportunity passed the Illinois Rebate & Federal Tax Credit, allowing organizations and workplaces to save up to 80 percent on electric vehicle charging stations and installation through 2013.
Read More →Texas school district fleets operating clean propane autogas buses are benefiting from the “fiscal cliff” bill, which includes the extension of expired alternative-fuel tax credits. Schools already cutting costs with propane autogas will now save even more money by recouping 50-cents-per-gallon through 2013 and retroactively to 2012.
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