With interest and investment in electric vehicle (EV) technology increasing steadily, it is important for original equipment manufacturers, suppliers, dealers, and consumers to be aware of federal and state incentives available in the United States that may subsidize their particular EV decisions. These are some of the more important federal incentives to consider.
Qualified Plug-In Electric Vehicle (PEV) Tax Credit A tax credit is available for the purchase of new qualified PEVs that are propelled by a battery with at least four kilowatt-hours (kWh) of capacity, use an external source of energy to recharge the battery, have a gross vehicle
With interest and investment in electric vehicle (EV) technology increasing steadily, it is important for OEMs, suppliers, dealers, and consumers to be aware of federal and state incentives that may subsidize their particular EV decisions. In Georgia, specifically, several potential credits and discounts are available from the state and from private utilities. Consider the following:
Alternative Fuel and Advanced Vehicle Job Creation Tax Credit A business enterprise that manufactures alternative energy products for use in battery, biofuel, and EV enterprises may claim an annual state tax credit for five years, based on the number of eligible new full-time employee jobs
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