Where Can You Get the Biggest Electric Vehicle Tax Breaks?

23 Jan 2023 | Abstracted from Fool.com

"In addition to the $7,500 federal EV tax credit, many state and local governments, as well as utilities, offer extra incentives...How much you qualify for will depend on where you live and the type of car you purchase, as well as other factors.

"Connecticut's Hydrogen and Electric Automobile Purchase Rebate Program (CHEAPR) offers rebates ranging from $750 to $9,500.

"...you may not live in a state that qualifies for a credit or rebate, but there may be plenty of other incentives."

ADDITIONAL RELATED NEWS LINKS

• New Congressional Bike Caucus Chair Mike Thompson: 'The Bike Is The Cure'


• 90% Of Qualifying Electric-Vehicle Buyers Opt For $7,500 'New Clean Vehicle' Tax Credit As Upfront Payment, Treasury Says


• The Future of Urban Transportation: A Closer Look at Denmark's iEV Z Vehicle


• Exclusive: Tesla Scraps Low-Cost Car Plans Amid Fierce Chinese EV Competition


• Amazon's Zoox Robotaxis Will Start Driving Faster, Farther And At Night In Las Vegas


• U.S. Taxpayers Have Subsidized Fossil Fuels For 111 Years, And Counting


• "Trickle-Down Economics" Is A Scam That Ignores Decades Of Evidence


• U.S. Department Of The Treasury, IRS Release Guidance To Build Out U.S. Clean Vehicle Charging Infrastructure


• Electric Vehicles Will Crush Fossil Cars On Price As Lithium And Battery Prices Fall


• Hyundai's CEO Thinks We'll Be Flying Their Electric Air Taxi Subsidiary By 2028 - But Admits Batteries Aren't There