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 ...

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

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 ...

To earn the biggest federal EV tax credit, check the full list of 2025 and 2025 electric cars and trucks that qualify and learn how to get it.

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 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 ...

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 ...

The qualification comes after the Biden administration implemented stringent EV tax credit rules under the Inflation Reduction Act (IRA). To be eligible ... billion in an EV manufacturing plant ...

As of January 1 st, 2025, the Chevy Bolt EV ... eligibility for a $3,750 tax credit. That leaves only one PHEV still eligible: the Chrysler Pacifica Hybrid minivan. We'll send you one email per ...

Hyundai, Kia, and Genesis electric vehicles have qualified for the $7,500 federal EV tax credit, according to ... Hyundai invested $7.6 billion in an EV manufacturing plant in Georgia. The facility is ...

This means that all trims are eligible for the $7,500 tax credit. Cadillac's first electric model shares many technical details with the Acura ZDX above and also with the first EV built on the ...

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 ...