Everything you need to know about which tax credits Congress just voted to eliminate, when they expire and who qualifies.

The massive tax and spending cut bill that Congress passed Thursday ends federal tax incentives for electric vehicles. Buyers ...

EV sales are slowing nationwide, but that doesn’t seem to be the case in Arkansas. EV registrations this year are far ...

Wind provides about 10% of the electricity generated in the U.S., according to the U.S. Energy Information Administration, ...

The $7,500 tax credit that car shoppers can use for new EV purchases is set to expire at the end of September, according to ...

The budget bill passed by Congress on Thursday pulls the plug on federal tax incentives for electric vehicles.

Why the federal electric vehicle tax credit is under attack The President has been taking aim at EVs for years and openly expressed his disdain for former President Biden 's mandate demanding ...

In February, U.S. Senate Republicans proposed a pair of bills to kill the country's $7,500 electric vehicle tax credit and impose a new $1,000 tax on EVs to pay for road repairs, according to Reuters.

The credits can be up to $7,500 for eligible new EVs and up to $4,000 for eligible used electric vehicles. For vehicles placed in service April 18, 2023, and after, for example, you'd receive up ...

IRS data indicates that only 7% of consumers who were eligible for a new clean vehicle tax credit between Jan. 1 and Oct. 1, 2024, opted to receive the credit when they filed their taxes, Allen said.

Electric vehicle tax credits 2024 and 2025: What you need to know Federal EV tax credits in 2024 top out at $7,500 if you’re buying a new car and $4,000 if you’re buying a used car, while the ...

Aliaksei Kaponia // Shutterstock Electric vehicle tax credits 2024 and 2025: What you need to know Federal EV tax credits in 2024 top out at $7,500 if you’re buying a new car and $4,000 if you ...