The $7,500 tax credit that car shoppers can use for new EV purchases is set to expire at the end of September, according to ...

American electric vehicle makers Rivian and Lucid rose as much as 4.6% and 8.8%, respectively, on Thursday.

Electric cars might cost more upfront without the federal break—but owners save thousands on gas and repairs over time.

The massive tax and spending cut bill that Congress passed Thursday ends federal tax incentives for electric vehicles ...

Sales are likely to dip below forecasts but not completely bottom out thanks to an array of new models and incentives from ...

It is the end of the line for U.S. electric vehicle tax credits. Sweeping tax and budget legislation approved by Congress on ...

It is the end of the line for US electric vehicle tax credits. Sweeping tax and budget legislation approved by Congress on ...

Trump's One Big, Beautiful Bill passes House of Representatives, ends federal EV tax credit, fines on CAFE and USPS EV fleet ...

Republicans got a big win with the One Big Beautiful Bill Act, set to be signed into law by President Donald Trump on ...

The tax credit itself had undergone a serious and at times confusing makeover under the Inflation Reduction Act of 2022 (IRA), which introduced eligibility caps of $55,000 for electric cars and ...

It wasn’t long ago that Tesla CEO Elon Musk was advocating for ending the $7,500 tax credit for buyers of electric vehicles. “Take away the subsidies. It will only help Tesla,” he said in a ...

According to J.D. Power’s E-Vision Intelligence Report, 87 percent of EV shoppers in 2024 took advantage of the tax credit — many citing it as a key reason for their purchase.