Uncertainty over Trump's electric vehicle ... - Associated Press News
18 hours ago · China is the largest market for electric vehicles, followed by the U.S. Within the U.S., Tesla is the dominant electric vehicle maker, with about 50% of the market share. Automakers are in a wait-and-see position along with many other industries to see whether Trump carries out the threat of rescinding tax credits and implementing tariffs.
Every Car Eligible for the EV Tax Credit in 2025 - Edmunds
6 days ago · Hyundai, Kia and Tesla headline the list of electric vehicles newly eligible for the federal EV tax credit. You can read more on what makes a vehicle (and its purchaser) eligible for up to...
EV Tax Credits: $7,500 Is Up For Grabs. Here's How To Get It.
Jan 2, 2025 · To earn the biggest federal EV tax credit, see the full list of 2024 and 2025 electric cars and trucks that qualify and learn how to get it.
All The EVs And PHEVs That Lost The Federal Tax Credit In 2025
6 days ago · Several electric and plug-in hybrid vehicles are no longer eligible for a federal tax credit in 2025. The Chevrolet Bolt EV, Nissan Leaf Rivian R1S and Volkswagen ID.4 are among the affected cars.
What's Happening With the EV Tax Credit? | Kiplinger
Nov 25, 2024 · The federal EV tax credit, a cornerstone of President Biden's Inflation Reduction Act (IRA), has been a popular incentive for consumers considering switching to electric vehicles. Data show...
EV Tax Credit 2024-2025: How It Works, What to Know - NerdWallet
Jan 3, 2025 · Those who buy new electric vehicles may be eligible for a tax credit of up to $7,500, and used electric car buyers may qualify for up to $4,000. Consumers can also opt to transfer the credit to...
These EVs Qualify for the $7,500 Federal Tax Credit in 2025 ... - PCMag
Jan 2, 2025 · Trump's VP Pick Wants to Replace $7,500 EV Tax Credit With Gas Car Incentives The Volkswagen ID.4 also fell off the list. VW is also in a dire financial situation; its Q3 revenue was down 41.7% ...
Electric vehicle tax credit under Trump is uncertain : NPR
Dec 16, 2024 · Currently, drivers can access a federal tax credit worth up to $7,500 for buying or leasing an electric vehicle. There's a smaller credit for used EVs, too. But the incoming Trump...
EV tax credits could vanish under Trump. Is now the time to buy? - NBC News
Nov 26, 2024 · California is already looking to head off any moves by President-elect Donald Trump to slash electric vehicle subsidies — the latest sign of uncertainty for EVs next year that some analysts...
The $7,500 EV tax credit has seen big changes in 2024. What to know - NPR
Dec 28, 2023 · A $7,500 tax credit for electric vehicles has seen substantial changes in 2024. It should be easier to get because it's now available as an instant rebate at dealerships, but fewer models...