lowincome – Auto Blog

California Adds $14,000 In EV Incentives For Low-income Drivers

July 9, 2024 by autooayme

As automakers slowly launch more affordable electric vehicles, California is looking to help low-income consumers make the switch to fully electric vehicles. Under the state’s new Clean Driver Assistance Program (DCAP), the California Air Resources Board… Source: Cars Direct

Changes To The EV Tax Credit Will Soon Allow Low-income Buyers To Receive The Full $7,500 Amount.

October 29, 2023 by autooayme

The IRS today announced new guidance on the EV tax credit, which means starting next year, low- and moderate-income buyers will receive the full $7,500 credit even if they don’t owe the full tax liability. will be able to receive it. The Inflation Control Act included major changes to the EV tax credit. Source: electrek.co