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

The EV tax credit died and took new car affordability with it

Federal support for electric vehicles in the United States did not end with a whimper. It vanished in a single policy stroke, instantly reshaping what it costs to drive a new car off the lot. With the ... 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

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

According to data from the Iowa Department of Transportation, nearly all of Iowa's 99 counties saw an increase in electric vehicle registrations over the last 18 months — mirroring a similar trend ... 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

Electric Vehicles Are In Trouble After Trump Killed Tax Credits

The Trump administration eliminated the $7,500 federal tax credit for electric vehicles effective October 1st. That move came as part of a widespread effort to roll back clean vehicle subsidies and ... 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

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

Stop Debating EVs vs. Gas. We Ran the Numbers to Find the True Cheapest Car

Now that the $7,500 discount on electric vehicles is officially gone, the question remains: Is it cheaper to skip out on an electric vehicle in favor of a gas car? We made it our mission to find out. Read More

Shoppers Hit the Brakes on EV Purchases After Tax Credits Expire

To help you understand what is going on in the economy, our highly experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger ... Read More