Tax Credit Tango
Newly Released IRS Rule Making Slightly Loosens Sunset Of The Federal Tax Credit The IRS, which creates all the fine-print for the incentive, issued an updated set of rules on August 21 about the incentive … Read more
IRA
DEEP Preempts CHEAPR Rebate Cut With Another Cut
Demand Spike Creates Budget Concerns DEEP announced that high recent utilization rates of its CHEAPR EV purchase incentive are causing it to pre-empt its planned August 15th incentive cut with a larger cut taking effect … Read more
Proposed Republican Budget Bill Kills IRA EV Purchase Incentive
Federal Government Doing All It Can to Give EVs the Electric Chair Highlights (really lowlights) of what came out of the Ways and Means Committee EV purchase incentives will mostly end after this year. This … Read more
It’s Tax Season – Do You Know Where Your EV Tax Credit Is?
How The Federal EV Tax Credit Works at Tax Time The usual caveat applies. This is our best effort to provide updated information, but a tax professional should be consulted for a final determination. Leasing … Read more
Q4 Sales Burst Leads to 2025 Question Marks
The photo above is of the Model Y Juniper that has been published on Tesla’s website in China. Strong Finish Led to EV Sales Growth for 2024, But What Does the Future Hold? EV sales … Read more
Federal EV Incentive – 2025 Outlook
Changes to Battery Rules and Used EV Supply 2025 will bring a large increase in the supply of eligible used EVs and new restrictions on battery critical minerals and component manufacturing.. Changes in Battery Sourcing … Read more
EV Adoption in Environmental Justice Communities
post by Barry Kresch CT Roundtable for Climate and Jobs Panel The CT Roundtable for Climate and Jobs recently hosted a virtual event entitled “Transportation Infrastructure and Electric Vehicles in Connecticut.” I was one of … Read more
How Challenging Is The Federal Used EV Incentive
Policy Environment for Used Electric Vehicle Incentives When the Inflation Reduction Act was drafted, it had multiple goals, which can be loosely summarized as promoting clean energy, reviving the domestic industrial base, and making clean … Read more
The Geography of Federal EVSE Tax Credits
Federal Tax Credit for Buying/Installing EV Chargers Before the passage of the Inflation Reduction Act, every residence was eligible for a tax credit of 30% of the cost of the purchase and installation of residential … Read more
Transfer Provision is Now Live
Fisker Ocean pictured above Transfer Provision Details The transfer provision is now in place for the federal incentive. This allows the buyer to transfer the tax credit to the seller and take the incentive as, … Read more