Ford’s electric vehicle and software business lost $5.1 billion in 2024, up from $4.7 billion lost in 2024. And the automaker doesn’t anticipate any relief this year, when it predicts it will lose as ...

The automaker forecast overall profitability for 2025, but even that was lower than in 2024. For the fourth quarter, it ...

Electric cars hit record adoption rates in recent months, but Tesla's shaky sales and an uncertain future for the $7,500 tax ...

Ford could be hurt by the removal of EV federal tax credits and tariffs imposed on Mexico and Canada. Will the company ...

Learn how the clean vehicle tax credit works in 2025, including who qualifies and what changes were made under the Inflation Reduction Act.

Some news in the EV market: Hyundai Motor Group, which includes the Kia and Genesis brands, has models that now qualify for the $7,500 federal electric vehicle tax credit. In recent years ...

With more models hitting the market and massive incentives, electric vehicles are just as affordable, if not more, than ...

"I think people are not going to buy an EV because of the incentive they're going to buy a car because they want it." ...

The order seeks to end the federal support in recent years for electric vehicles. This includes a $7,500 tax credit for buyers ... General Motors and Ford declined to comment on Trump’s EV ...

The removal of the $7500 federal tax credit on the purchase of electric vehicles will effectively ... and General Motors, Ford, Stellantis US EVs accounting for 4-5% of their respective global ...

and 30D tax credits Electric vehicle charging infrastructure tax incentives Biden Administration corporate tax proposals Tax credits for battery manufacturing investment and production ...

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.