The EV tax credit was overhauled in 2022 with new rules for buyer eligibility as well as battery ... you are limited to two credits per taxpayer per year. Under IRS rules, credits are issued ...

and income eligibility for buyers. The tax credit applies at the point of purchase or can be claimed when filing taxes, providing flexibility for EV buyers looking to reduce costs. However ...

As sales of electric vehicles continue ... than the full amount of tax credit you are eligible for, the IRS says that it won’t “recapture” the difference. Per the IRS, the following EVs ...

Detroit — The CEO of the nation's top automotive lobbying group said Wednesday he expects the Trump administration will ...

The Tesla Cybertruck Dual Motor model is now eligible for the $7,500 federal tax credit for electric vehicles in the United States. When Tesla launched the Cybertruck in late 2023, its pricing ...

Trump is also 'considering the elimination' of the $7,500 EV tax credit, though that one is more difficult to unravel since ...

General Motors, Nissan and Hyundai are among the companies that say they will match the $5,000 rebate on new electric vehicles sold during January.

The current base version of the Tesla Cybertruck is now eligible for a $7,500 federal tax credit in the US. It should help Tesla move some units amid the electric truck’s demand issues ...

The Tesla Cybertruck just got more affordable. The stainless-steel-bodied electric pickup truck is now eligible for the $7500 federal tax credit. It applies to the dual-motor Cybertruck ...

The 2025 Hyundai Ioniq 5 and Genesis GV70 Electrified are officially eligible ... tax credit news. That’s too bad, especially considering this model was our under $100,000 Performance EV of ...

Currently, all variants of the Model Y and Model 3 in addition to the Model X all-wheel drive variant sold in the U.S. are also eligible for $7,500 electric vehicle consumer tax credits.