Electric Car News Electric Cars’ Surging Prices Mean Fewer Buyers Could Use Tax Credit

Electric car sales record smallest growth in two years as pay-per-mile tax news hits demand

The deceleration in appetite for new battery cars was triggered by reports emerging ahead of the Budget last month. Read More

Electric Cars Just Got Way Cheaper: Here's Why Prices Are Plummeting and What It Means for Your Wallet

Electric cars, once a pricey choice for the environmentally conscious, are becoming more accessible. Recent data shows a significant 25% drop in the average electric car price in the US over the past ... Read More

Goodbye to the $7,500 EV tax credit. What's that mean for EV prices?

(CNN) -- Sales of electric vehicles in the United States are almost certain to tumble when the $7,500 federal tax credit for EV buyers expires on October 1, leaving automakers and car buyers wondering ... Read More

Electric vehicle shoppers race to claim $7,500 tax credit before September 30

A federal tax credit for electric vehicles of up to $7,500 is set to expire on Sept. 30. Car shopping experts report a surge in consumer demand for EVs as the deadline approaches. Some analysts ... Read More

Used electric vehicles surge in popularity: What buyers need to know

While the prices of new EVs are continuing to climb on average, so are the costs of new cars in general. As of March, the average new car transaction price in the United States was almost $48,000, ... Read More

Goodbye to the $7,500 EV tax credit. What’s that mean for EV prices?

(CNN) — Sales of electric vehicles in the United States are almost certain to tumble when the $7,500 federal tax credit for EV buyers expires on October 1. But where prices go is less certain. The tax ... Read More