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Home Energy Efficient Tax Credit: An Inflation Reduction Act 2022 Benefit

AutoShopOwner

The Inflation Reduction Act of 2022 was signed into law with the goal of addressing economic challenges and encouraging businesses and homeowners to adopt more “green” energy practices. What is the Home Energy Efficient Tax Credit Under the Inflation Reduction Act of 2022? What Are the Qualifying Credit Amounts and Expenses?

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Canada shows growing momentum for EVs

Auto Service World

Canada’s electric vehicle (EV) market is gaining traction, but significant hurdles in infrastructure and consumer incentives threaten to stall progress, warned a new report. The global EV market’s growth has decelerated from 37 per cent year-on-year in 2022 to 29.7 per cent in 2023, with further decline expected in 2024.

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How much cheaper EVs need to get in Canada

Auto Service World

A new report highlighted just how much cheaper electric vehicles need to get in Canada to reach mandated sales levels. Last December, the federal government unveiled its Electric Vehicle Availability Standard, which outlines zero-emission vehicle sales targets for automakers.

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Details on what SMP released last year

Auto Service World

Its December release provided new coverage in 71 product categories and 128 part numbers for 2022-2024 model-year vehicles. Standard’ hybrid and electric vehicle program saw an expansion, … The post Details on what SMP released last year appeared first on Auto Service World.

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Honda dealers may service upcoming Sony electric vehicles

Autoblog: Repairs

Filed under: Green , Honda , Auto Repair , Maintenance , Ownership , Electric , Future Vehicles Continue reading Honda dealers may service upcoming Sony electric vehicles Honda dealers may service upcoming Sony electric vehicles originally appeared on Autoblog on Wed, 9 Nov 2022 09:15:00 EST. Please see our terms for use of feeds.

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Internal Revenue Service shrinks the Vehicle list that Qualify for EV Tax Credits

AutoShopOwner

4 to the list of vehicles qualifying for the full $7,500 tax credit. On April 18, the number of battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) eligible for an Internal Revenue Code (IRC) Section 30D tax credit shrank considerably.

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The BMW M Division's Best-Selling Vehicle Is Electric

autoevolution

The BMW Group's performance arm sold 177,257 vehicles worldwide in 2022. Rather than the six-cylinder M3 or eight-cylinder X5 M, the best-selling M vehicle of 2022 was the i40 M50, which is – technically speaking – an M Performance model. Once again, the ( continue reading. )

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