EV Tax Credit 2024: Rules and Qualifications for Electric Vehicle Purchases

People who buy new electric vehicles may be eligible for a tax credit as high as $7,500, and used electric car buyers may qualify for up to $4,000 in tax breaks. New this year, consumers can ... Read More

Electric vehicles are 'direct wealth transfer' from owners of gas-powered vehicles to EV owners, experts say

Experts warned that EVs pose numerous problems including technological, affordability, range, weather, infrastructure and economic concerns. Read More

90% of qualifying electric-vehicle buyers opt for $7,500 'new clean vehicle' tax credit as upfront payment, Treasury says

Most qualifying buyers of new electric vehicles choose to get their tax break as an advance payment instead of waiting until tax season. Read More

Electric Cars and Plug-In Hybrids That Qualify for Federal Tax Credits

If you’re thinking about buying an electric ... for a federal EV tax credit of up to $7,500 is different as of Jan. 1, 2024. But the new year also brings an easier way for car buyers to get ... Read More

Which Electric Cars Are Still Eligible for the $7,500 Federal Tax Credit?

If you’re shopping for or researching an electric vehicle ... Related: What Does the EV Tax Credit Overhaul Mean for Car Shoppers? The more positive news for 2024, however, is that new ... Read More

How You Can Cash In On The Electric Vehicle Tax Credit

The clean vehicle tax credit"often called the electric vehicle or EV tax ... can claim up to $7,500 for a qualified plug-in or fuel-cell electric vehicle purchase. You have to buy the car for ... Read More

Honda's first electric SUV qualifies for full EV tax credit

Most people who buy Honda’s first-ever electric SUV will be able to take advantage of the full $7,500 EV tax credit offered by ... PARTNERSHIP FALLS APART The news about the Prologue qualifying ... Read More

EV Charger Tax Credit: What You Need to Know

Businesses that install new EV chargers or EV charger equipment can also benefit from a tax incentive of up to ... eligible next year to claim the EV tax credit for new and used electric vehicles. Read More

Electric cars

We’ll dive deep into how much range you really need and factors that can impact an EV’s estimated range. EV shoppers have concerns about electric car ... time claim a tax credit of up to ... Read More

Colorado EV Tax Credit Rises to $5,000

One is a $5,000 state tax credit for qualifying electric cars and up ... year following the year the EV is purchased. So, if you purchase and start using your electric car or truck in 2023, you ... Read More

Buying a used electric car: Is it a good idea in 2024?

Purchasing a used electric ... car can be a cost-effective option, especially with the availability of EV incentives and the decreasing prices of EVs. Used EV buyers can potentially secure a ... Read More

Electric Vehicle FAQs

Several independent EV manufacturers have sprung up seemingly overnight ... during the entire charge. 7. Won't the Life of the Batteries in an Electric Car Be Reduced within a Few Years Due ... Read More