You can either claim the credit on your tax return using Form 8936 or transfer ... "Federal Tax Credits for New Plug-in Electric and Fuel Cell Electric Vehicles Purchased in 2023 or After." ...

What many US consumers may not be aware of, however, is what electric vehicle tax credits may be available to them at the state level in addition to discounts or money back on EV charger ...

If you’re shopping for or researching an electric vehicle in 2025, you’ve probably heard that significant changes in the federal tax credit of ... tax return, IRS Form 1040) must be no more ...

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.

Trump takes office. By Neal E. Boudette Sales of electric vehicles have been rising steadily over the past few years, in part because of a federal tax credit of up to $7,500 that makes buying such ...

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