Posts Tagged taxes

Virginia Proposes $3,500 Tax Credit For Electric Cars

Electric cars in Virginia could become up to 10% more affordable this year if bill HB469 with new tax credits passes into law. On Wednesday, January 10, Virginia General Assembly will decide whether or not to introduce a tax credit for purchase or lease electric car. 10% of the price, up…

1 month ago by Mark Kane 11

New Tax Brackets Could Hurt Electric Car Sales In UK

UK is one of the largest plug-in car markets in Europe with 36,917 new passenger plug-in registrations in 2016. That number include 24,714  PHEVs. According to Autoexpress, new car tax brackets that will be introduced in April will limit exemptions: “The government’s new car tax brackets will move 66% of…

12 months ago by Mark Kane 10