Electric Car News Us Sen Warnock Electric Car Tax Credit Needs Flexibility

Tax credits for electric cars are no more. What’s next for the US EV industry?

The end of US tax credits for buying electric vehicles has changed the market in ways that are still unfolding. I spoke this week with people closely monitoring the auto industry to get a sense of ... Read More

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

EV tax credits now expire in September 2025 due to new legislation. Here's the electric cars and PHEVs eligible in the meantime. Read More

The Best Electric Car Deals Prove You Don’t Actually Need That Federal Tax Credit

Automakers slash EV prices up to $9,000 after federal credit disappears. Automakers offer aggressive EV discounts after loss of the $7,500 federal tax credit. Deals include major price cuts, zero ... Read More

Federal tax credit for electric vehicles expires, but some state incentives remain

You may be wondering how can I save money if the federal tax credit for electric vehicles expired. Well, here's how. Experts say the tax credit brought prices down for EVs. What normally would have ... Read More

GM takes $1.6B financial hit as EV tax credit changes force strategy overhaul

General Motors said Tuesday that it plans to take a $1.6 billion charge in the third quarter as it revamps its electric vehicle strategy as the end of the federal government's EV tax credit is ... Read More

EV Tax Credits Expire: Lease Prices Soar for Electric Vehicles

It's been a few weeks since we lost the EV tax credits on eligible electric cars like the Model Y, and we're starting to see just how much money we're not saving now. One of the quickest ways to see ... Read More

GM to take $1.6 billion charge as tax credit blow muddies EV plans

GM's $1.6 billion charge linked to EV capacity adjustments GM may incur further charges due to capacity reassessment Automaker expects EV adoption to slow Oct 14 (Reuters) - General Motors (GM.N), ... Read More

The Best Electric Car Deals Prove You Don't Actually Need That Federal Tax Credit

The $7,500 federal EV tax credit is gone, and people who weren't ready to buy when it existed suddenly wish they had acted faster. But automakers have responded with electric car incentives aggressive ... Read More