Category: Incentives

By on September 19, 2014

A general view of the Internal Revenue Service Building in Washington

In 2008, Congress passed a tax bill that would provide a credit of up to $7,500 for customers who purchase plug-in vehicles as a way to encourage adoption of cleaner vehicles. The credit would last in full for the first 200,000 units an automaker sold, then phased out over the course of 12 months.

The problem? The agency responsible for handling the credit, the Internal Revenue Service, has no clue as to where things stand as far as that cap is concerned, despite every automaker that sells a plug-in model reporting the figures every quarter, as required by law.

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By on September 15, 2014

Elon Musk and Brian Sandoval

A week after the announcement, and through two days of deliberation by the state legislature, Nevada governor Brian Sandoval signed into law September 11 the $1.25 billion tax package that won over Tesla enough to bring its Gigafactory to the Silver State.

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By on September 15, 2014

venucia-E30-1

After 3.1 million miles of pilot testing, Dongfeng Nissan last week launched its version of the Leaf for the Chinese EV market, the Venucia e30.

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By on September 12, 2014

2015 Kia Soul EV

Looking for an EV that doesn’t cost Tesla money or resemble a jelly bean? Then Kia might just have what you need with its electrified version of the Soul when it arrives in showrooms later this year.

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By on September 11, 2014

Tahoe Reno Industrial Center

Last week, Tesla and Nevada governor Brian Sandoval jointly announced the automaker would be bringing its Gigafactory to Reno. Now, it’s up to both houses of the state’s legislature to pull it all together with a $1.3 billion tax break.

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By on September 10, 2014

2015 Dodge Challenger SRT with the HEMI® Hellcat

Dodge dealers wanting to help their customers destroy wannabes with the 2015 Challenger SRT Hellcat will themselves need to prove their worth to the brand before a single car leaves the carrier.

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By on September 9, 2014

VW-Up-Japan-December-2012

While Toyota and the administration of Japan Prime Minister Shinzo Abe are going all in on hydrogen, Volkswagen Group Japan President Shigeru Shoji proclaims FCVs will struggle to make headway elsewhere.

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By on September 5, 2014

Elon Musk and Brian Sandoval

It’s official: Tesla will build its Gigafactory in Nevada pending legislative approval.

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By on September 4, 2014

Tesla Gigafactory

After months of wondering as to where Tesla’s massive Gigafactory would end up, an answer could come as soon as 4 p.m. Mountain, when Nevada Governor Brian Sandoval and the automaker plan to hold a joint press conference in Carson City.

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By on August 29, 2014

Lada Coupe

A few days ago, we reported the Russian government was considering bringing back its cash for clunkers program to help spur domestic auto sales in the face of Western sanctions. The government as since decided to go forward with the scheme.

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