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This mileage rate for business increased by 1.5 cent from 65.5 cents per mile in 2023. Military moving mileage rate: 21 cents per mile (1 cent decrease from 2023). Qualified active-duty Armed ...
Alternative fuel vehicles: Currently the only pre-approved alternative fuel vehicle is the Honda Civic GX, which runs on compressed natural gas (CNG), a fossil fuel that burns cleaner than standard gasoline. [12] Currently the standard credit for a qualified alternative fuel vehicle is $4,000.
Electric and hybrid vehicles are exempt from the environmental tax, which also acts as a registration tax. From March 2015, electric vehicles are also exempt from the annual tax, while hybrid vehicles have a 95% reduction. [170] In 2016, the "Rabla Plus" program offered a government grant of €5,000 for the purchase of a new electric car. [171]
Gas-powered vehicles are still a great choice if you're trying to keep costs low. A mid-sized, gas-powered sedan will cost just over $1,000 more annually than the average cost of ownership of a ...
[20] [21] The number of flex-fuel vehicles on U.S roads increased from 1.4 million in 2001, to 4.1 million in 2005, and rose to 7.3 million in 2008. [3] [19] E85 flex-fuel vehicles are becoming increasingly common in the Midwest, where corn is a major crop and is the primary feedstock for ethanol fuel production.
New vehicles sold in the U.S. will have to average about 38 miles per gallon of gasoline in 2031 in real-world driving, up from about 29 mpg this year, under new federal rules unveiled Friday by ...
In 1994 the U.S. National Institute of Standards and Technology (NIST) introduced gasoline gallon equivalent (GGE) as a metric for fuel economy for natural gas vehicles. NIST defined a gasoline gallon equivalent (GGE) as 5.660 pounds of natural gas, and gasoline liter equivalent (GLE) as 0.678 kilograms of natural gas. [18]
Natural gas-powered vehicles are one of the most obvious ways of using America's cheap and plentiful supplies of natural gas. Not only would gas-powered cars theoretically be cheaper, but they ...