Learn how the clean vehicle tax credit works in 2025, including who qualifies and what changes were made under the Inflation Reduction Act.
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 ...
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 ... A vehicle can qualify for half-credit by meeting ...
Five electric vehicles from the Hyundai Motor Group are now among twenty-five EV models that qualify for the federal tax credit: The new eligibility stems from recent production shifts to meet the ...
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 ...
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, ...
A Trump executive order raises questions about the rate of EV adoption and building out charging stations across the country ...
The list of electric vehicles that qualify for the IRS clean vehicle tax credit has changed with the arrival of the new year. No longer linked to battery capacity, the credit of up to $7,500 is ...
A separate tax credit for used electric cars is worth up to $4,000. It is open to all models as long as they sell for $25,000 or less. Each vehicle can qualify for the credit only once.