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

Federal tax credit for new and used electric vehicles expires soon

It's been a mad dash to buy an electric vehicle (EV). It comes after President Trump's Big Beautiful Bill eliminated the federal tax credit for people buying a new or used electric car. Fresno Acura ... Read More

Used Electric Car Prices Fall in Line with Petrol Models as Demand Surges

Used electric vehicles are now selling for almost the same price as petrol cars, a shift analysts believe will fuel a major increase in adoption despite the end of federal incentives. Data from Cox ... Read More

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

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 credit, ... 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

New Car Prices Cross $50,000 Threshold for First Time as Electric Vehicle Sales Surge Ahead of Tax Credits Sunset

The cost of buying a new car in America has reached a historic milestone, with the average price surpassing $50,000 for the first time in September, according to new data. Kelley Blue Book reports ... Read More

The Tax Credit Is Gone, but Electric Car Lease Deals Are As Sweet as Ever in October 2025

The government removed the EV tax credit at the end of September, but that doesn't mean people will stop buying electric vehicles. Surprisingly, for many buyers, it's business as usual, as many ... Read More

Electric Vehicles Face a ‘Pretty Dreadful Year’ in the U.S.

The end of a federal tax credit is expected to push sales of battery-powered cars down but auto experts believe the market will eventually recover. By Neal E. Boudette The key factor that nudged Dan ... Read More

The EV Tax Credit Is Dead. 5 Predictions For What Happens Next

At midnight on Tuesday, the long-running clean-vehicle tax credit bit the dust. It was one of the last vestiges of federal support for the electric car industry in the Trump era and a key driver of ... Read More

Tesla prices new Model 3 under $35K, debuts cheaper versions of electric car models

NEW YORK (AP) — Tesla rolled out new, cheaper versions of two of its electric car models on Tuesday in hopes the offerings will help revive flagging sales but investors dumped its stock anyway. The ... Read More