A $7,500 tax credit for buyers of new electric vehicles and one worth $4,000 for used EVs expire in September.

Electric vehicle purchases. The new law will also end the cash rebate for EV buyers. Currently, some buyers are "eligible for ...

Tesla is about to tumble off a familiar policy cliff. The $7,500 federal tax credit that juiced demand for electric vehicles ...

The new federal budget rescinded the Biden-era Clean Vehicle Tax Credit. It was originally set to expire in 2032. But now, ...

Vehicle buyers looking to go electric in 2025 need to act fast, as key federal incentives are set to disappear this fall.

Edmunds reports EV tax credits will end September 30, 2025. New buyers can claim up to $7,500; used buyers up to $4,000, with ...

Federal EV tax credits will end September 30 after being eliminated in Trump’s new budget bill Buyers still have time to claim up to $7,500—if they ...

Plans for a southern electric-vehicle automotive hub have hit the brakes as consumer confidence wanes and federal incentives ...

Sweeping tax and budget legislation approved by Congress on Thursday means $7,500 tax credits for buying or leasing new ...

What changed? The old credit offered $7,500 for new electric vehicle buyers until their automaker hit a 200,000 limit for available tax credits. Plug-in hybrid buyers received a smaller credit.

The $7,500 electric vehicle tax credit in the Inflation Reduction Act, which Biden signed in August, doesn’t limit the number of credits, but the full $7,500 credit for new EVs assembled outside ...

There are plenty of stringent requirements for electric vehicles to receive the tax credit under the new law, which fully takes effect on January 1, 2023. Vehicles must be assembled in North ...