None of these regulations apply to leased EVs and PHEVs, so potential buyers interested in an electric car or plug-in hybrid that isn’t eligible for a tax credit may want to consider leasing ins ...

Here’s more from Automotive News on 2025’s requirements and how they compare to 2024’s: Starting in 2024, 60 percent of an EV’s battery ... two elements. A vehicle can qualify for half ...

All Equinox EV trims qualify for the $7,500 EV tax credit ... This means that all variants qualify for the $7,500 tax credit. Only the MY2025 vehicles are listed on the IRS website, whereas ...

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.

Here's what an EV needs to qualify for the federal tax credit in 2025: Have a battery capacity of at least 7 kilowatt hours. Have a gross vehicle weight rating (GVWR) of less than 14,000 pounds.

Fact checked by Vikki Velasquez The clean vehicle tax credit is designed to encourage you to purchase an electric vehicle (EV ...

[UPDATE] Tesla and General Motors stand to bear the brunt of the elimination of the federal EV tax credit.

A Trump executive order raises questions about the rate of EV adoption and building out charging stations across the country ...

Stricter requirements have made it harder for some EVs and PHEVs to remain eligible for the tax credit. These models can no longer take advantage.

As interest in electric vehicles rises, understanding tax credit implications is key in Montana. Those earning over $150,000 individually or $300,000 as a couple won't qualify for the $7,500 credit, ...

Tesla's electric-vehicle registrations in California fell about 12% last year, according to industry data, indicating ...

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 ...