Articles tagged with "tax-credit"
Why I Expect Tesla To Have Great 4th Quarter Auto Sales - CleanTechnica
The article from CleanTechnica highlights Tesla’s record-breaking third-quarter vehicle sales, with over 497,000 deliveries and 447,000 vehicles produced, alongside a record deployment of 12.5 GWh of energy storage products. The surge in US sales was partly driven by buyers accelerating purchases ahead of the expiration of the $7,500 federal tax credit, which pulled demand from the fourth quarter into the third. While Tesla’s Model 3 and Model Y performed strongly in both the US and China despite intense competition, the Model S, X, and Cybertruck continued to underperform. Globally, sales trends were mixed, with strong growth in markets like Norway, South Korea, and Australia, but declines in Canada and Germany. The article notes that the reduction of purchase incentives in early 2026 could further boost fourth-quarter demand. Looking ahead, Tesla is expected to introduce more affordable versions of the Model Y and Model 3, with prices potentially dropping below $35,000 for the
energyelectric-vehiclesTeslaenergy-storageelectric-SUVstax-creditautomotive-industry$2,000 Tax Credit For Heat Pump Water Heaters Is Going Bye Bye In 90 Days - CleanTechnica
The article from CleanTechnica highlights that the $2,000 tax credit for heat pump water heaters (HPWHs) is set to expire in 90 days due to recent Republican legislation. This tax credit, which covers 30% of the installed cost of a HPWH, has been a significant incentive for homeowners to replace traditional water heaters with more energy-efficient and environmentally friendly heat pumps. With average installation costs around $4,700, the credit could reduce expenses by approximately $1,410, and it can be combined with additional local utility rebates to further lower costs. The article urges homeowners to act quickly to install HPWHs before the end of the year, noting that unlike solar panels, HPWH installations typically have shorter wait times and can be completed within three months. It also provides guidance on choosing models, recommending that those using contractors select familiar brands, while DIY installers often opt for Rheem or A. O. Smith models available at major retailers. The piece includes resources for finding
energyheat-pump-water-heatertax-creditenergy-efficiencyrenewable-energyhome-heatingHVACKia EV Sales In September Modest Despite EV Tax Credit Going Away, Down In 2025! - CleanTechnica
The article discusses the modest sales performance of Kia electric vehicles (EVs) in September 2025, despite the expiration of the US EV tax credit, which many expected would trigger a surge in EV purchases. While Kia’s EV6 and EV9 models saw some growth in September—31.3% and 47.6% increases respectively—the overall sales volumes remain low. More concerning is the significant decline in sales for these models over the first nine months of 2025 compared to the same period in 2024, with EV6 sales dropping from 15,985 to 11,077 and EV9 sales falling from 15,970 to 12,448. The article also highlights a similar downward trend for Nissan’s EVs, particularly the LEAF and ARIYA, which experienced substantial sales declines in the third quarter of 2025. The LEAF’s sales plummeted by 84% compared to the previous year’s third quarter, while ARIYA sales
energyelectric-vehiclesEV-salesKia-EVNissan-EVtax-creditclean-technologyThe Cheapest Used Electric Cars I'm Finding - CleanTechnica
The article from CleanTechnica outlines a new, systematic approach to tracking the used electric vehicle (EV) market, focusing on identifying the cheapest used EVs available under specific criteria. The author, Zachary Shahan, aims to regularly update this data to monitor market changes over time. Key parameters for the search include excluding vehicles with accident history or over 50,000 miles, limiting models to those originally priced under $60,000 (potentially lowering to $50,000), excluding models released within the last two years (with some exceptions), and only considering cars less than ten years old. The search is geographically limited to within 100 miles of Southwest Florida. Initial findings highlight that certain models, such as the Volkswagen ID.4, are available used at significantly lower prices compared to new, possibly due to factors like sub-par infotainment systems. The author plans to share ongoing data via a Google Sheet and invites reader feedback on the methodology and findings. The article also notes that the last day
energyelectric-vehiclesused-carsEV-marketclean-technologytax-creditsustainable-transportationHow The End Of The US EV Tax Credit Could Supercharge EV Sales - CleanTechnica
The article from CleanTechnica discusses the impending end of the US federal electric vehicle (EV) tax credits—$7,500 for new EVs and $4,000 for used EVs—set to expire after September 30. This expiration is causing a surge in EV purchases in the current quarter as buyers rush to take advantage of the incentives before they disappear. While sales are expected to drop immediately after the credits end, the article argues that this surge could ultimately accelerate broader EV adoption. New EV owners, impressed by their vehicles’ benefits, often influence friends, family, and coworkers through word-of-mouth, potentially sparking subsequent waves of EV interest and purchases even without financial subsidies. The author suggests that this initial surge of buyers acts as a catalyst for the "early majority" to consider switching to EVs, creating a snowball effect that could speed up the transition to electric vehicles. Although some may argue that maintaining the tax credits would lead to steadier, more consistent growth in EV sales
energyelectric-vehiclesEV-salestax-creditclean-energysustainable-transportationelectric-car-incentivesCorrection on $4,000 Used EV Tax Credit in USA - CleanTechnica
The article provides a correction regarding the $4,000 used electric vehicle (EV) tax credit in the USA. Initially, the author stated that the tax credit could only be claimed up to the amount of tax liability a buyer had, meaning if a buyer owed less than $4,000 in taxes, they could not receive the full credit. This was based on the IRS guidance that the credit is nonrefundable if not transferred to the dealer. However, feedback from readers and industry insiders clarified that if the tax credit is transferred directly to the dealer at the point of sale, buyers can receive the full $4,000 credit regardless of their tax liability. The dealer must be enrolled in the transferability program to apply the credit immediately as a discount on the vehicle price. This correction is significant for used EV buyers planning to purchase before October, as it means they can negotiate a $4,000 reduction off the vehicle price without needing to owe that amount in taxes. The key takeaway is to ensure
energyelectric-vehiclestax-creditclean-energyEV-incentivessustainable-transportationrenewable-energyWant To Buy A Used Electric Car Before US Tax Credit Expires? 7 Things To Know - CleanTechnica
The article outlines key information for buyers in the United States who want to purchase a used electric vehicle (EV) and take advantage of the $4,000 federal tax credit before it expires on October 1, 2025. To qualify, the used EV must cost $25,000 or less (including dealer fees not required by law), be purchased from a licensed dealer, and be a model year at least two years old (2023 or earlier). The credit covers 30% of the sales price up to $4,000 and is nonrefundable, meaning buyers cannot receive more credit than their tax liability. Income limits apply based on filing status, with thresholds ranging from $75,000 to $150,000 adjusted gross income. Buyers should ensure the dealer confirms the vehicle’s eligibility and properly registers the sale with the IRS, as failure to do so disqualifies the credit. The article recommends negotiating the vehicle price before discussing the tax credit to secure the best deal, then
energyelectric-vehiclestax-creditclean-energysustainable-transportationEV-incentivesUS-tax-policyWant to Claim the Solar Tax Credit? Get Installing Now
energysolartax-creditphotovoltaicinstallationrenewable-energyenergy-policy