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Newburyport adds first electric car to its fleet(November 4) -
Already a “green community,” Newburyport just got a little
greener with the newest addition to city equipment — an electric
car. City officials recently took possession of a 2015 Ford Focus, a
fully electric vehicle that does not use gasoline. It will be used
primarily by parking enforcement officials as they patrol the city.
Complete Story
Georgia
Electric-Car Sales Plummet After Incentive Replaced By Tax(November
4) - The Peach State previously had one of the most generous
incentive programs for new electric-car purchases, offering up to
$5,000 in income-tax credits to electric-car buyers. But earlier
this year, legislators killed that incentive program. And seemingly
adding insult to injury, they added a $200 annual registration fee
for electric cars at the same time.
Complete Story
Is Apple pursuing an electric car?(November 4) - Credible press
reports suggest that the company is indeed building an EV with a
600-person team. That team may soon triple, and the vehicle could be
in production as soon as 2019 or 2020.
Complete Story
Buffett's BYD Vs. Musk's Tesla: Electric Vehicle Race Still
Undecided(November 4) - Interestingly, just as Tesla’s shine is
starting to fade, the Chinese battery and electric vehicle maker BYD
’s has been soaring, reporting better sales and profits. One
commentator considers BYD’s profits to outshine the chicness of
Tesla.
Complete Story
What
are the Tax Credits for Electric and Plugin Hybrids
Federal Tax Credit for Electric Vehicles
Electric vehicles (EVs) purchased in or after 2015 may
be eligible for a federal income tax credit of up to $7,500. The
credit amount will vary based on the capacity of the battery used to
fuel the vehicle. Small neighborhood electric vehicles do not
qualify for this credit.
Tax Table |
