A new Republican tax break promises up to $10,000 in deductions, but strict assembly and income rules exclude many buyers, ...
Federal EV tax credits in 2024 top out at $7,500 if you're buying a new car and $4,000 if you're buying a used car, while the ...
An analysis of 2023 tax returns shows how much U.S. car buyers saved on the purchase of new and used electrified vehicles that year. Californians benefited the most in total and per capita. The $7500 ...
Editor's note: President Donald Trump signed the "One Big Beautiful Bill Act" (OBBBA) into law on July 4, 2025. A major component of the bill was the elimination of the federal electric vehicle tax ...