The 2025 EV Tax Credit: You Can Still Save Big on These Vehicles
The list of EVs eligible for a federal tax credit is small at the beginning of 2025, but it should grow. Find the current list here.
US Senate bill could end tax credits for EV owners
The State of Illinois and its officials have supported electric vehicle (EV) owners for years, but some of the federal government’s support may come to an end with a new bill. The
Senators propose killing US EV tax credit, new $1,000 tax for road repairs
South Korea's market watchdog has decided to impose fines on JPMorgan, Morgan Stanley, Nomura and UBS for violating short-selling rules in the domestic stock market, officials at the country's Financial Supervisory Service (FSS) said on Thursday.
Cybertruck Gets $7,500 Tax Credit Despite Threat Of Ending ‘EV Mandate’
The Cybertruck gets the federal tax credit despite the noise from President Trump about eliminating 'unfair' EV subsidies, aka, the 'EV mandate.'
Oil-backed senators introduce bills to kill $7,500 EV tax credit, add $1,000 tax on electric cars
Republican Senators have introduced bills to not only kill the $7,500 tax credit for electric vehicles but also add
Republican senators call for $1,000 tax on new EV sales to pay for road repairs
A group of Senate Republicans on Wednesday proposed a $1,000 tax on new electric vehicle purchases to account for the cost of federal road repairs. Most revenue for federally funded road repairs is collected through taxes on diesel and gasoline,
Republican senator introduces bill to kill EV subsidy
A member of Republican leadership in the U.S. Senate on Wednesday introduced legislation to get rid of a tax credit that can provide consumers a subsidy of up to $7,500 toward the purchase of certain electric vehicles.
Senate Republicas propose bills to kill EV tax credit, add road repairs tax
Senate Republicans introduced a pair of bills on Wednesday aiming to strip the country of its electric vehicle (EV) tax credits and instead replace it with an obligatory $1,000 tax payment to be used for repairing roads.
Republicans look to tax EV sales to pay for highways
Republicans in Congress introduced legislation this week that would tax electric vehicles, arguing that battery-powered cars and trucks need to help pay for the country’s roads. Taxes on EVs are likely to be a hot topic this year as Republicans look for ways to offset other tax cuts and reduce spending.
Senate Republicans Propose $1000 Tax on Electric Vehicles to Fund Road Repair
The plan would also axe the $7500 tax credit currently available on many EVs.
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Mixed reactions to possible repeal of electric vehicle tax credit
For years, Michigan has charged ahead with electric vehicles (EVs), but Congress could soon put a stop to that push on the ...
The other car company in Trump’s ear
Toyota remains the best-selling car brand in the U.S. and California, according to registration data released earlier this ...
Ford CEO says factory jobs "at risk" if Trump repeals EV credits
With nearly 13,000 jobs and billions of dollars on the line, Ford’s CEO warned that cuts to EV incentives could have ...
GOP focused on slashing electric vehicle tax credits
If there's a market for EVs, it'll work out," Rep. Gary Palmer (R-AL) said. "If there's not, we shouldn't be subsidizing EVs.
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The 10 Most Affordable Electric Cars for 2025
Electric vehicles are becoming increasingly popular. In fact, automakers plan to pivot to largely electric lineups in the ...
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Report: GM, Ford seeking gradual EV tax credit phaseout
Core Detroit automakers are reportedly among a range of auto-industry interests lobbying the Trump administration to instead ...