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The generous lease provisions of the federal EV tax credit allow for a $7,500 deduction for all leased vehicles, $7,500 for buying certain new EVs, and $4,000 for purchasing used EVs.
In 2021, the Infrastructure Investment and Jobs Act included $7.5 billion to build 500,000 public charging stations for electric vehicles (E.V.s) across the country in an effort to boost a switch ...
Investment firm Monroe Capital LLC said on Monday it plans to launch a fresh fund of up to $1 billion to provide loans for smaller auto suppliers as the industry shifts from gasoline-powered to ...
EVs are fully exempt from both the Vehicle Tax due upon purchase (Imposto Sobre Veículos) and the annual Circulation Tax (Imposto Único de Circulação). Personal income tax provides an allowance of EUR 803 upon the purchase of EVs. EVs are exempt from the 5%-10% company car tax rates which are part of the Corporation Income Tax.
Based on where EVs are being sold in the United States in 2015, the average EV produces global warming emissions equal to a gasoline vehicle with a 68 mpg ‑US (3.5 L/100 km) fuel economy rating. The authors identified two main reason for the fact that EV-related emissions have become even lower in many parts of the country since the first ...
The post is an apparent reference to a March 28 report by The Washington Post, which is headlined, “Biden’s $7.5 billion investment in EV charging has only produced 7 stations in two years.”
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