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

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

Here's what you need to know if you purchased an EV or a PHEV in 2025, or plan to lease one Thanks to a strategy by General Motors, the Chevrolet Equinox EV still qualifies for a federal tax credit. Read More

Electric vehicle tax credit incentive ends today

Tuesday is the last day to snag an electric vehicle before the federal tax credit expires. Even without those federal tax credits, state leaders say they still want people to invest in the future, ... 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

With EV Tax Credits Gone, We Did the Math to See if EVs Are Still Cheaper Than Gas Cars

The federal government's $7,500 discount on electric vehicles has officially ended, which significantly changes the math of EV ownership -- and might make you wonder if it's more economical to buy a ... 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

Despite the end of federal electric vehicle tax credits, interest in EVs growing in Iowa

Iowa City Hall employee Daniel Bissell runs errands in a City Hall-owned electric car in Iowa City on Nov. 13. To date, the city has added 10 electric vehicles and four electric buses to their fleet ... 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

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

Ford and GM extend $7,500 EV tax credit for leases into fourth quarter

The move allows certain electric vehicles to qualify for the tax incentive beyond the Sept. 30 expiration. Ford and GM spokespeople confirmed the programs to the Detroit Free Press, part of the USA ... 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

No EV Tax Credit? No Problem! Hyundai Drops 2026 Ioniq 5 Prices By Up to $9,800

The Hyundai Ioniq 5 sees an average price drop of $9,147 across its lineup for the 2026 model year. Pricing for the SEL trim plummets $9,800. 2025 models in dealer inventory are eligible for ... Read More

Experts Predicted An EV Sales Collapse. It's Already Started

Jim Farley was right. Last month, Ford's CEO predicted that market share of electric cars would be cut in half once the federal tax credit for clean vehicles met its untimely demise on September 30. Read More