• Lease-related EV tax credits renewed for 2024

    Lease-related EV tax credits renewed for 2024

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    December 20th, the U.S. Department of the Treasury renewed the "safe harbor" for Section 45W clean vehicle tax credits for commercial vehicle sales in 2024. Companies will still be able to lease qualifying electric vehicles (EVs) in 2024 and pass on to consumers up to $7,500 from the tax credit they receive.
  • 2024 DOE/EPA Fuel Economy Guide - Now Available!

    2024 DOE/EPA Fuel Economy Guide - Now Available!

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    The U.S. Department of Energy (DOE) and the Environmental Protection Agency (EPA) have released the 2024 Fuel Economy Guide that details fuel economy estimates for model year 2024 light-duty vehicles...
  • EV Segment Begins 2024 Experiencing an Economic Hangover

    EV Segment Begins 2024 Experiencing an Economic Hangover

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    Following an incredible, whirlwind, three-year high fueled by outsized promises and expectations spurred on by a seemingly endless supply of money and government edicts, the EV world finds itself taking four ibuprofen and guzzling a quart of Gatorade as it attempts to recover from its current hangover. The industry has difficulty shaking the cost, range anxiety, and charging time trilogy with potential buyers beyond...
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