LAist is part of Southern California Public Radio, a member-supported public media network. For the latest national news from NPR and our live radio broadcast, visitA family inspects the engine of a new Toyota Prius model during the Electrify Expo In D.C. in Washington, D.C., on July 23, 2023. Getting an electric vehicle tax credit of up to $7,500 will get a lot easier next year.In these challenging times, the need for reliable local reporting has never been greater.
All the requirements for qualifying for the tax credit still apply — for both EV buyers and automakers. That addresses one major customer concern. As of now, buyers have to do a lot of homework to figure out whether an EV they want to buy would qualify for a tax credit — navigating through a myriad of
Significantly, a buyer taking the credit at the dealership can get it regardless of what their tax bill is that year. Previously, a buyer would need to owe $7,500 in taxes in a given year to get the full benefit of the credit., since many low- and middle-income families owe less than that in taxes. It was also just another headache for people trying to figure out how much the credit was actually worth to them.
The challenge is almost unimaginable: Truckloads of sand — enough to fill five Olympic swimming pools — were needed for one job to save just one small stretch of beach.At Last, Some Good Wildlife News: Green Sea Turtles Are Thriving In The San Gabriel River
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: cleantechnica - 🏆 565. / 51 Read more »