Electric Car News Electric Car Tax Credits Explained, Plus The Latest List Of Evs That Qualify

R.I.P Electric Vehicle Tax Credit. Here’s What Comes Next

Dearly beloved, we are gathered here today to celebrate the life of the electric vehicle tax credit. Signed into law by former President Joe Biden in 2022 as part of the Inflation Reduction Act, for ... Read More

Electric Vehicles Are In Trouble After Trump Killed Tax Credits

The Trump administration killed the $7,500 federal tax credit for EVs which led to sales declines at brands like Hyundai and Kia in October 2025. Read More

What taxes apply to electric vehicles and how could the Budget change that?

Electric cars registered after that date and costing more than £40,000 are also subject to the "luxury car tax" of £425 per year. This is payable for five years from the second time the vehicle is ... Read More

State incentives to buy electric cars remain as federal credits end

Starting Wednesday, Americans who purchase a new or used electric vehicle, or EV, will no longer be eligible for a federal tax credit of up to $7,500. But in Connecticut, those who purchase after the ... Read More

Elon Musk’s Tesla hikes lease prices on all electric cars as US tax credit expires

Tesla has raised lease prices for all its vehicles in the US after a $7,500 federal tax credit that helped boost electric vehicle sales expired, according to the company’s website on Wednesday. The ... Read More

Tesla Hikes Lease Prices as US Electric Vehicle Tax Credit Expires

(Reuters) -Tesla has raised lease prices for all its vehicles in the U.S. after a $7,500 federal tax credit that helped boost electric vehicle sales expired, according to the company's website on ... Read More

Absence of EV tax credits affects auto sales

The loss of federal electric vehicle tax credits at the end of September resulted in flat sales of new vehicles in October, the Greater Cleveland Automobile Dealers’ Association reported this week. Read More

As the electric vehicle tax credit expires, what are dealerships planning to do?

TOLEDO, Ohio (WTVG) - Tuesday was the last day to purchase an electric vehicle and receive a tax credit for it. Now that the incentive is over, what do dealerships plan to do? 13 Action News spoke ... Read More

Electric vehicle sales hit record ahead of tax credit's end

Americans bought 438,500 electric cars and trucks in the third quarter, as drivers raced to grab federal incentives before they expired Sept. 30. Those transactions, the highest number in a single ... 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 electric vehicle tax credits set to expire

The deadline is looming to cash in on a $7,500 federal tax credit for electric vehicles. Car dealerships in New Jersey and across the country say shoppers have been rushing to buy an EV ahead of the ... Read More