Tesla set to lose EV tax credit on Model 3 pending new battery guidelines
Buyers of certain Tesla vehicles have reaped the benefits of the $7,500 EV tax credit since it launched January, but the company now expects the Model 3 will lose its...
TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%
TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%
TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%
tax credits
Biden faces criticism at home for EV focused free trade agreements
The Biden Administration's efforts to arrange free trade agreements with allied nations have come under fire from U.S. lawmakers on both sides of the political aisle.
The agreements are meant to...
Secretary Yellen says foreign car brands may be able to qualify for EV tax credits
U.S. Treasury Secretary Yellen said that free trade agreements may give overseas automakers a way to earn electric vehicle tax credits without an act of congress.
Speaking to reporters at the...
Biden expands EV tax credit eligibility after automaker complaints
EV tax credit eligibility was expanded last week in response to complaints from Ford, General Motors and Tesla over the Inflation Reduction Act's SUV classification system.
The tax incentives provide a...
Dealers need more straightforward guidance for EV tax credits
To almost no one's surprise, the Federal Government's attempt at explaining the new consumer EV tax credit only caused more confusion. It was hoped that the so called "Inflation Reduction...
GM and Treasury argue over EV tax credits for Cadillac Lyriq
The U.S. Treasury Department has refused to classify General Motor's electric Cadillac Lyriq as an SUV, a restriction which prohibits the vehicle from qualifying for EV tax credits.
The incentives provided...
2023 Chevy Bolt gets a new price bump to ring in the New Year
Earlier this week, General Motors raised the price of its 2023 Chevrolet Bolt from $26,595 to $27,495, a $900 increase.
The 2023 Chevy Bolt is considered one of the most budget-friendly...
EV tax incentive delays could work in auto industry’s favor
The U.S. Treasury Department announced it would delay key pieces of its 2023 electric vehicle tax incentive guidelines until March.
Originally, the agency aimed to have all relevant regulations published in...
OfferLogix’s new solutions help with changes in auto retail – Aaron Bickart
Offering more and more services to the automotive industry, OfferLogix is quickly rising to the top. On today’s Inside Automotive, Aaron Bickart, Executive Vice President and General Manager of OfferLogix,...
Biden’s EPA to finally allow EV makers to earn generous tax credits
The Environmental Protection Agency announced a new proposal offering additional incentives for the auto industry.
In keeping with the Biden administration’s goal of circumventing climate change, the EPA’s new rules would...
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