Learn how the clean vehicle tax credit works in 2025, including who qualifies and what changes were made under the Inflation Reduction Act.
In one of their final sets of guidance under President Biden, the Department of Treasury and the IRS released proposed regulations for the tax ...
The federal EV tax credit is up to $7,500 for new eligible "clean vehicles" and up to $4,000 for used eligible EVs. The credit amount considers factors like the vehicle’s price, sourcing ...
Electric vehicle and plug-in hybrid sales are growing across both the new and used car markets. Buyers can now choose from a ...
As EV manufacturing grows in the state, purchasing the vehicles could become more expensive if federal lawmakers lessen or even remove the tax credit, a stated goal of President Donald Trump.
Check out this list of EVs and PHEVs that no longer qualify for the EV tax credit due to stricter sourcing requirements in ...
The SUVs with the best gas mileage are also some of the cheapest and most economical options on the market. Excluding all-electric and plug-in hybrid models, the best mpg SUVs are a collection of ...
While you get your tax information together this year, make sure you know which tax credits you are eligible for. Here’s what you need to know about tax credit qualifications and how to ...
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.
Its latest motor has hit production, giving automakers a small, efficient unit that delivers seamless power and torque for hybrid cars. Horse announced this week that it started production of the ...