As of Jan. 1, 2024, you have two ways to get the EV tax credit on a new-vehicle purchase. Note that if you ordered a vehicle in 2023 but take delivery in 2024 or ‘25, the new rules apply.
Fact checked by Vikki Velasquez The clean vehicle tax credit is designed to encourage you to purchase an electric vehicle (EV ...
The current system, established under the Inflation Reduction Act, offers up to $7,500 in tax credits for new EVs and up to ...
[UPDATE] Tesla and General Motors stand to bear the brunt of the elimination of the federal EV tax credit.
Trump's use of the phrase "electric vehicle mandate" probably refers to a mix of three things: The $7,500 EV tax credit for ...
Wealthy people might be able to afford luxury cars, but not everyone opts to buy them. Many economically-minded affluent ...
You can still qualify for a tax credit if you made any energy-saving home improvements, like installing a new heat pump, ...
Rivian is offering an "All-electric Upgrade" promotion for owners of combustion vehicles who upgrade to an R1S or R1T ...
Affordable electric mobility could be on the horizon as Honda considers bringing a budget-friendly EV to America.
The removal of the $7500 federal tax credit on the purchase of electric vehicles will effectively raise the price of Tesla Inc vehicles in the U.S. as compared to its peers and pose a huge negative ...
Tesla accounts for slightly less than half the electric cars sold in the United States, and almost all its vehicles qualify ...
Clean Vehicle Definition The tax credit of $7,500 once applied to a narrow range of vehicles. Those buying a pure EV stood to qualify for the full credit but a buyer of a plug-in hybrid or ...