We've gathered every new EV that's currently eligible to earn the full $7500 federal tax credit.
Looking to save up to $7,500 at tax time and get a new ride too? Check out our list of the top electric cars, trucks and SUVs that are available with the newly revamped federal EV tax credit.
A tax credit of up to $7,500 could be used to defray the cost of an electric vehicle under the Inflation Reduction Act now moving toward final approval in Congress.
For a more in-depth look at how EV tax credits work, check out our dedicated article here. UPDATE 2/28/25: Reports that the Trump administration plans to end all federal EV/PHEV credits mean that this list could soon become moot. We'll continue monitoring the situation and update this ...
and did not immediately respond to FOX Business' request for comment. However, the alert comes after theBiden administration released updated guidancelast week aimed at helping automakers and consumers determine which electric vehicles (EV) are eligible for tax credits under the 2022 Inflation Reduction...
When it comes to our energy bills, every dollar saved counts. With rising natural gas and electricity costs, expenses can quickly increase. Now you can take advantage of federal tax credits and rebates to help you pay for home heating, cooling, plumbing,
Now that Hyundai has opened up a $7.6 billion EVmanufacturing plant in Georgiato produce theNACS-equipped 2025 Ioniq 5and theupcoming Ioniq 9three-row SUV, its vehicles are eligible. Hyundai, Kia, and Genesis models have been added to the Federal Tax Credits list as of January 1st, 2...
Build Back Better eventually morphed into the Inflation Reduction Act (IRA)— massive legislation, passed last year, that contains billions of dollars in clean energy tax credits (including an EV tax credit). But the national electric bike tax credit didn’t make it into the IRA. 2023 EV ...
2024 Chevrolet Silverado EV We finally know which electric vehicles qualify for up to $7500 in federal tax credits this year, and the list is surprisingly short. A function of the Inflation Reduction Act which was passed into law last August, the new tax credit policy proved to be good news...
Trump’s cancellation of EV tax credits, which Musk supported, could still hurt Tesla, of course. But it will almost certainlyhurt Tesla’s domestic rivals more. And then there’s SpaceX, Musk’s privately owned rocket company, which has become a critical supplier to America’s national spac...