GreenPower All-Electric Vehicles Eligible for Commercial Clean Vehicle Credit of up to $40,000 Under the Inflation Reduction Act
GreenPower's all-electric commercial vehicle models weighing greater than 14,000 pounds GVWR are eligible for up to $40,000 in tax credits.
- GreenPower's all-electric commercial vehicle models weighing greater than 14,000 pounds GVWR are eligible for up to $40,000 in tax credits.
- On Jan. 1, 2023, the commercial clean vehicle credit became available to businesses and tax-exempt organizations for the purchase of new electric vehicles to incentivize the adoption of EVs and support domestic production.
- With the tax credit, owning an all-electric commercial vehicle will be more affordable in the long run than ICE units, in many cases."
- GreenPower vehicles available for the credit include:
EV Star: A multi-purpose, zero-emission, passenger transportation vehicle with a range of up to 150 miles and dual charging capabilities.