Tag: Tax Credit

Canada’s New Nationwide EV Tax Credit Bumped Sales By 30%, Report Says | Roadshow

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The Canadian government is hoping to spark the EV revolution in the Great White North with a new EV tax credit. Electric cars are getting more popular in America’s neighbor-to-the-north, thanks to a new country-wide EV tax credit. Here at Roadshow, we talk a lot about EV sales in the US and how various state and federal tax incentives have affected them. Well, guess what, champ — Canada has EV tax incentives too, and we’ll be damned if theirs aren’t working like a dream. Read full story here: Canada’s New Nationwide…

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Trump Administration Says It Will End Electric Car Tax Credit In The Strangest Way | Electrek

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A Trump administration official has now announced that they are indeed planning to kill to the federal tax credit for electric vehicles, but they are offering a strange timeline as it is unclear if they even have the power to do it. The situation around the federal tax credit for EVs is weirder than ever right now. As Tesla hit the 200,000 delivery threshold to initiate the phase-out, there are two different legislative efforts to change the program. Read full story here: Trump Administration Says It Will End Electric Car Tax Credit In…

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Tesla, GM And Nissan Will Fight To Maintain EV Tax Credits Together | Engadget

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Tesla, GM and Nissan have teamed up on a new lobbying initiative to extend the $7,500 per vehicle tax credit for EVs. The “EV Drive Coalition” — which also counts industry giant ABB and non-profit Plug In America as its members — launched on Tuesday to spur lawmakers into passing reformative legislation that “works better for more consumers for a longer time frame.” Read full story here: Tesla, GM And Nissan Will Fight To Maintain EV Tax Credits Together | Engadget  

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