We've gathered every new EV that's currently eligible to earn the full $7500 federal tax credit.
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 for General Motors and Te...
California Gov. Gavin Newsom announced Monday that the state would renew a rebate program for electric vehicles if the incoming Trump administration eliminates the current federal tax credit.
Center for Industrial Progress President Alex Epstein reacts to the Biden administration pushing electric vehicles on 'The Bottom Line.' All six of theGeneral Motors electric vehicle modelswith prices that qualify them for the new federal EV purchase tax credits will be eligible for the full $7,...
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.
Tesla price drops: Model X becomes eligible for the Federal Tax Credit, Model S and X Plaid get an $18,500 discountBy Iqtidar Ali - September 4, 20230 -Advertisement- Tesla, Inc. (TSLA) has once again dropped the prices of its high-end Tesla Model S and Model...
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, 20...
Under the $740 billion economic package, which passed the Senate over the weekend and is nearing approval in the House, the tax credits would take effect next year. For an EV buyer to qualify for the full credit, 40% of the metals used in a vehicle's battery must come from North Ameri...
However, the robotaxi event is being overshadowed by Musk’s spat with President Trump, after the Tesla CEO criticized Trump’s budget bill, which slashes credits for electric vehicles. Trump has threatened retribution, including cuts to government contracts with Musk-helmed companies. The EV maker...
Most vehicles now have some parts sourced in China, the alliance said. Sen. Debbie Stabenow, a Michigan Democrat and a leading ally of Detroit automakers, complained that Sen. Joe Manchin of West Virginia, a critical Democratic vote, had opposed any tax credits for EV purchases. “I went ...