President Donald J. Trump has been on a crusade during his second term in office to pass what he has dubbed the "One Big ...

Sweeping tax and budget legislation approved by Congress on Thursday means $7,500 tax credits for buying or leasing new ...

Congressional passage of a massive bill cuts billions of dollars in spending across many areas including clean energy.

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

Why the federal electric vehicle tax credit is under attack The President has been taking aim at EVs for years and openly expressed his disdain for former President Biden 's mandate demanding ...

In February, U.S. Senate Republicans proposed a pair of bills to kill the country's $7,500 electric vehicle tax credit and impose a new $1,000 tax on EVs to pay for road repairs, according to Reuters.

In February, U.S. Senate Republicans proposed a pair of bills to kill the country's $7,500 electric vehicle tax credit and impose a new $1,000 tax on EVs to pay for road repairs, according to Reuters.

IRS data indicates that only 7% of consumers who were eligible for a new clean vehicle tax credit between Jan. 1 and Oct. 1, 2024, opted to receive the credit when they filed their taxes, Allen said.

Electric vehicle tax credits 2024 and 2025: What you need to know 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 ...

Aliaksei Kaponia // Shutterstock Electric vehicle tax credits 2024 and 2025: What you need to know Federal EV tax credits in 2024 top out at $7,500 if you’re buying a new car and $4,000 if you ...

An electric vehicle being charged in a wide lot with a scenic background. 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 ...