Electric vehicle buyers who were left empty-handed on their promised $7,500 federal tax credit due to a bureaucratic hiccup ...
Some drivers who bought electric vehicles in 2024 have found it impossible to claim their EV tax credits now when filing ...
In some cases, the IRS was rejecting 2024 federal income tax returns even when the tax filer was trying to correctly claim the EV tax credit. Some buyers experienced glitches after dealers made ...
Now, they can now submit a sales report for any vehicle sold in 2024 to claim credits. National Auto Dealers Association lobbied the IRS to resolve issues with the EV credit. The $7,500 federal EV ...
Unwinding the EV tax credit would save the federal government $168 billion over a decade, according to another new study from ...
Despite political headwinds, electric vehicles have entered the American mainstream and are likely to stay there.
If you’re shopping for or researching an electric vehicle in 2025, you’ve probably heard that significant changes in the federal tax credit of up to $7,500 for EVs and plug-in hybrids took ...
Electric vehicles are facing an uncertain future under the Trump administration, with plans to scrap EV tax credits and slash ...