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

If you’ve been considering buying a hybrid vehicle, a tax credit may help lure you into the showroom. The actual credit varies by vehicle, and the most-popular hybrids—made by Lexus, Honda and ...

If you’re thinking about buying an electric car or a plug-in hybrid, you should be aware that the Trump administration is considering eliminating a federal EV tax credit of up to $7,500.

Check out this list of EVs and PHEVs that no longer qualify for the EV tax credit due to stricter sourcing requirements in ...

Two years ago, nearly every new electric vehicle and plug-in hybrid on the market ... electric car—so it's key to which vehicles are eligible for the tax credit for EVs in 2025.

The tax credit for hybrid vehicles applies to vehicles purchased on or after Jan. 1, 2006, and could be as much as $3,400 for those who purchase the most fuel-efficient vehicles. The hybrid ...

Editor’s note: This article was last updated Jan. 21, 2025, to reflect the incoming presidential administration. If you’re shopping for or researching an electric vehicle in 2025, you’ve ...

South Carolina has committed more than $1 billion to help build up the electric vehicle industry, but people have to buy the ...

How Does An EV Qualify For a Tax Credit? When President Biden passed ... so you can expect to find those vehicles on the list as well.

The list of electric vehicles that qualify for ... Last year, the partial tax credit was available for the Ford Escape plug-in hybrid, the Jeep Grand Cherokee 4xe and Jeep Wrangler 4xe, and ...

In one of their final sets of guidance under President Biden, the Department of Treasury and the IRS released proposed regulations for the tax ...

In total the new Fusion Hybrid boasts 119 patents and the result is a car that can drive 700 miles on a tank. If you want the full tax credit be aware that it is only available to those who ...