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More EVs to qualify for tax credit following Treasury changes

More electric vehicles will qualify for a $7,500 tax credit under changes revealed Friday by the federal government, a move that follows pressure from auto industry lobbyists to better define the eligibility requirements.  The Treasury Department said Friday it was modifying how it classifies vehicles subject to certain price caps set under the Inflation Reduction Act, which made revisions to the subsidy rules. The move effectively expands the population of eligible vehicles…. Source: AllSides News…

U.S. says more Tesla, Ford, GM EVs eligible for tax credits

The U.S. Treasury Department said Friday it will make more Tesla (TSLA.O), Ford Motor (F.N), General Motors (GM.N) and Volkswagen (VOWG_p.DE) electric vehicles eligible for up to $7,500 tax credits after it revised its vehicle classification definitions. The reversal by Treasury is a win for Tesla, GM, Ford and other automakers which had pressed the Biden administration to change the vehicle definitions. Under the $430 billion climate bill approved in August… Source: AllSides News…

More EVs Will Qualify for Tax Credits After US Reverses Course

The Biden administration will allow more crossover SUVs to qualify for the newly-revamped electric vehicle tax credit following lobbying by automakers such as General Motors Co. and Stellantis NV. The change announced Friday by the Treasury Department effectively expands the number of buyers who can take advantage of a lucrative $7,500 consumer tax credit by broadening the definition of how a sport-utility vehicle is defined. The tweak matters because under Democrats’ Inflation… Source: AllSides News…

DNC Votes to Move South Carolina Primary Ahead of N.H., Iowa

The Democratic Party on Saturday approved the reordering of its 2024 presidential primary, replacing Iowa with South Carolina in the leadoff spot as part of a major shake-up meant to empower Black and other minority voters critical to its base of support.Source: newsmax.com…

John Jokisch continuing the family legacy at Michigan

Paul and Dan Jokisch would go on to have successful careers in Ann Arbor as wide receivers, with Paul going on to play in the NFL. Now, another Jokisch enters the fold to continue the family legacy. John Jokisch announced on Thursday that he had committed to the Wolverines as a PWO. Source: sports.yahoo.com…

Four-star OT Michael Uini highlights FSU’s latest round of offers

Florida State continues to offer prospects for both its 2024 and 2025 classes. Here is a list of some the offers Mike Norvell and his staff have extended over the last couple of days. FSU has offered class of 2024 four-star offensive tackle prospect Michael Uini, who is 6-foot-8 and 273 pounds from Copperas Cove (Texas) High. Source: sports.yahoo.com…

Horns seek revenge against talented Kansas State Wildcats team on the road

The last time Texas played Kansas State, the Wildcats strutted onto Texas’ home floor and beat them soundly, putting on an offensive clinic and winning 116-103 behind a game-leading 36 points from star guard Markquis Nowell (17.1 points, 8.0 assists; second in the NCAA in assists per game). Along with him, Kansas State also stars Florida transfer forward Keyontae Johnson (18.2 points, 7.9 rebounds), part of a one-two punch of a pair of the best players in the Big XII. Texas has a more balanced team than KSU does, but KSU has elite, elite talent at the very top of its roster in these two complete stars. Source: sports.yahoo.com…

What will the Jets do with Zach Wilson?

After a disastrous Thursday night start against the Jaguars in December, it appeared that the Jets and quarterback Zach Wilson were headed for Splitsville. Since then, suggestions have emerged that the Jets will keep the second overall pick from the 2021 draft. The latest report along those lines comes from Jeff Howe of TheAthletic.com, who [more] Source: sports.yahoo.com…

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