10 Aug '18, 12pm

Beyond the federal tax credit: A Guide to Clean Car Incentives

Chevrolet Bolt EV being charged outside Go Forth electric-car showroom, Portland [photo: Forth] The king of all financial incentives for plug-in cars is, of course, the federal tax credit of up to $7,500. It’s not the only one, though. With Tesla’s federal tax credit already on its way to expiring and GM’s close behind, it’s worth knowing where to look for other incentives for those who want an electric car. The incentives are designed to make them more affordable, since electric-car batteries are still costly, and many models cost more than equivalent conventional cars. According to the National Conference of State Legislatures, 45 states and the District of Columbia offer incentives for electric cars. Some however, are only incentives on paper, because the programs have run out of money. (Even those who keep the lists of what incentives are still available sometimes run ...

Full article: https://www.greencarreports.com/news/1118115_beyond-the-f...

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