News & Analysis as of

Tax Credits Charging Stations

Holland & Knight LLP

Treasury Department, IRS Release Section 30C Proposed Regulations

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The U.S. Department of the Treasury and IRS on Sept. 19, 2024, released proposed regulations under Section 30C of the Internal Revenue Code providing important clarity on the changes made by the Inflation Reduction Act (IRA)....more

Vinson & Elkins LLP

Charging Forward: Proposed Regulations Issued for EV Charging & Alternative Fuel Refueling Property

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On September 18, 2024, the Department of Treasury (the “Treasury”) and the Internal Revenue Service (the “IRS”) (1) issued proposed regulations (the “Proposed Regulations”) providing guidance to taxpayers on the Alternative...more

Foley Hoag LLP - Energy & Climate Counsel

EV Roundup - June 2024

Since our last quarterly EV Roundup, the Biden Administration has continued to increase investment in EV infrastructure across the United States and support tax credits for the domestic EV industry in its efforts for EVs to...more

Foley Hoag LLP - Energy & Climate Counsel

EV Roundup - March 2024

Our last quarterly EV Roundup checked in on states’ efforts to deploy a national network of EV charging infrastructure under the National Electric Vehicle Initiative (“NEVI”) and highlighted industry moves to facilitate a...more

ArentFox Schiff

Charging Ahead: A Primer on EV Charging for the Hospitality Industry

ArentFox Schiff on

Location, price, brand, and customer reviews are typically the key considerations when someone is choosing a hotel. However, recent data from Hilton reveals one amenity increasingly holds sway for consumers — electric...more

Dickinson Wright

Plugged In: An EV Newsletter Vol. 2, No. 2

Dickinson Wright on

Editor’s Note - Dear Readers, Our collaboration with guest authors continues to ramp up, this time with an author from half way around the world! Welcome to yet another enthralling edition of Plugged-In, where we hear from...more

Bricker Graydon LLP

Inflation Reduction Act: Federal Incentives for Public Entities for Clean Energy Improvements

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By now, you are likely aware that the federal government is making the largest investment in climate and energy improvements in American history, known as the Inflation Reduction Act (IRA). The IRA allocates funding to...more

Pillsbury Winthrop Shaw Pittman LLP

IRS Provides Highly Anticipated Wage and Apprentice Guidance for Applicable Tax Credits under the Inflation Reduction Act

Publication of Notice 2022-61 starts the 60-day clock until projects that initially commence construction must comply with the new requirements. On November 30, 2022, the Internal Revenue Service (IRS) published Notice...more

Clark Hill PLC

Development of Charging Station Infrastructure in Light of Changes To Alternative Fuel Vehicle Refueling Property Language in the...

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The Inflation Reduction Act (IRA) recently extended, expanded, and renewed the Alternative Fuel Vehicle Refueling Property (AFVRP) tax credits for electric vehicle charging stations, LNG, CNG, LPG, hydrogen, ethanol, and...more

Nelson Mullins Riley & Scarborough LLP

Reinventing the American Road Trip: What the Inflation Reduction Act Means for Electric Vehicle Infrastructure

The Inflation Reduction Act of 2022 (“IRA”) signifies a turning point in domestic efforts to tackle climate change. Within the multibillion-dollar package are robust investments in climate mitigation initiatives, such as...more

Foley & Lardner LLP

EV Charging Station Tax Credits are Back: Inflation Reduction Act Extension of the Section 30C Tax Credit

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After expiring at the end of 2021, the Internal Revenue Code Section 30C tax credit for electric vehicle charging stations is back. Technically referred to as the “Alternative Fuel Vehicle Refueling Property Credit,” the...more

Clark Hill PLC

Clark Hill 2022 Automotive & Manufacturing Industry Outlook: EV Infrastructure And Government Relations

Clark Hill PLC on

Increasing electric vehicle adoption has been a priority for the Biden administration. Early in his presidency, President Joe Biden set a goal of 50% of new vehicle sales be electric by 2030. The American Jobs Plan did not...more

Morgan Lewis

How States Are Utilizing Electric Vehicle Tax Credits

Morgan Lewis on

State and local tax authorities are facing the same issues today as they did before the pandemic: determining how to use their arsenal of audit activities, interpreting existing tax laws, and crafting and passing new tax...more

Foley & Lardner LLP

Build Back Better: Notable Infrastructure and Other Public Finance Provisions Make Progress in Congress

Foley & Lardner LLP on

On Wednesday, September 15, 2021, the House Committee on Ways and Means advanced the infrastructure bill (also called the Build Back Better Act). Of particular interest to the public finance market are Subtitles F and G,...more

Morgan Lewis - Power & Pipes

President Biden Reiterates Commitment to Deploying Electric Vehicles in Domestic Markets

US President Joseph Biden signed an executive order on August 5 that underscores his stated commitment to encourage the development and deployment of electric vehicles (EVs) as part of the Biden-Harris administration’s clean...more

Mayer Brown

Working Capital - Second Edition 2021

Mayer Brown on

When I think about transformations in the energy industry, I often think of the great inventor Thomas Edison, who was not only responsible for hundreds of important inventions but who also set the stage for a breakthrough...more

Mayer Brown

Electric Vehicle and Charging Station Tax Credits: Assessing Proposed Changes

Mayer Brown on

Section 30D of the US Internal Revenue Code (“IRC”) provides business and individual taxpayers that purchase new qualified plug-in electric drive motor vehicles (“EVs”), including passenger vehicles and light trucks, with a...more

Eversheds Sutherland (US) LLP

Electric vehicle incentives in Georgia

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...more

Foley & Lardner LLP

Electric Vehicles Continue to Roll Off The Assembly Line Even With Speedbumps Along The Way

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As consumers continue to display a growing appetite for the electric vehicle compared to their fossil fuel counterparts, manufacturers are starting to take notice. In 2021 alone, major OEMs and new-market entrants are...more

Perkins Coie

New Jersey Buries the Needle on Electric Vehicles With New Legislation

Perkins Coie on

New Jersey Governor Phil Murphy signed landmark legislation (S2252/A4819) on January 17, 2020 that is poised to dramatically accelerate the electrification of New Jersey’s transportation sector. The legislation increases...more

Hogan Lovells

Congress' year-end funding bill included extensions of tax credits for renewable energy, including wind, biofuels, and others

Hogan Lovells on

In a rare display of bipartisanship, both houses of Congress and President Trump were able to come to agreement in the waning hours of the 2019 congressional session to extend government funding for fiscal year 2020. Included...more

Foley & Lardner LLP

Driving the Future of Automotive Technology

Foley & Lardner LLP on

Powering the future is now! Electric vehicles (EVs) and self-driving cars (AVs) are two of the most innovative technologies in the history of the automotive industry....more

Allen Matkins

Renewable Energy Update - June 2018 #4

Allen Matkins on

Focus - IRS issues favorable tax credit guidance for new solar projects - GREENTECH MEDIA - Jun 22 The Internal Revenue Service (IRS) released a new guidance Friday that establishes when the construction of a solar...more

Snell & Wilmer

Green Cars: Reducing Range Anxiety and Increasing Incentives

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The “green car” market is growing. Tesla may lead the way in luxury, but almost all auto manufacturers are investing significantly in plug-in electric vehicles (EV(s)). Policy, law, and regulation must change as the EV market...more

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