Electric cars’ surging prices mean fewer buyers could use tax credit

The average transaction price of a new electric car was $66,997 in June, soaring almost 14% from a year earlier, according to Kelley Blue Book. Read More

What to know about buying electric vehicles after the federal tax incentives end

The massive tax and spending cut bill that Congress passed Thursday ends federal tax incentives for electric vehicles. Read More

How Trump Could Upend Electric Car Sales - The New York Times

Many car buyers have come to rely on a $7,500 federal tax credit on electric vehicles to soften the blow of their high prices. But those credits could disappear after President-elect Donald J ... Read More

Fewer Electric Vehicles Will Qualify for Federal Tax Credits in 2024

Purchases of popular models like the Tesla Model 3 and the Ford Mustang Mach-E may no longer entitle buyers to tax savings because the cars do not meet tougher sourcing requirements. Read More

Electric vehicles could match gasoline cars on price this year

Increased competition, government incentives and falling prices for lithium and other battery materials are making electric vehicles noticeably more affordable. Read More

Thinking About Getting an EV Before the Tax Credit Changes?

Read on for guidance about the current state of the electric vehicle tax credit, as well as other advice covering everything about life with EVs. Read More

The Bottom Line on the New Electric Car Tax Credit Game

New Electric Car Tax Credits Are About to Radically Change Buying EVs A number of EVs should become more affordable, but only after a "subsidy winter" when far fewer cars will qualify. Read More

Electric Car Buyers Almost Never Go Back To Gasoline

Sales of electric cars are heating up, with the share of new car sales that electric vehicles command rising steadily and the U.S. recently setting a new record for battery-powered car sales. Read More

Electric cars’ surging prices mean fewer buyers can use tax credit

Limits that may have seemed more reasonable a year ago look tight now that inflation and supply-chain disruptions have already pushed average EV prices beyond the range. Read More

Electric Cars' Surging Prices Mean Fewer Buyers Can Use Tax Credit

Vehicle-price caps included in a push by U.S. Senate Democrats to expand a popular consumer incentive for electric cars could put pressure on automakers to lower costs of upcoming plug-in models ... Read More