By Keith Barry If you’re thinking about buying an electric car or a plug-in hybrid, you should be aware that the Trump administration is considering eliminating a federal EV tax credit of up to ...

The clean vehicle tax credit is designed to encourage you to purchase an electric vehicle (EV), a plug-in hybrid, or a ...

Two years ago, nearly every new electric vehicle and plug-in hybrid on the market qualified for a federal tax credit of up to $7,500, provided it was manufactured in North America. But the rules ...

If you’re shopping for or researching an electric vehicle in 2025, you’ve probably heard that significant changes in the federal tax credit of up to $7,500 for EVs and plug-in hybrids took ...

Car buyers interested in going electric have until April 17 to get a hot deal before stricter rules surrounding tax credits for plug-in purchases go into effect. The Treasury Department on Friday ...

Bernie Moreno is investigating nearly $22 billion in tax credits ... vehicle credit, credit for qualified commercial clean vehicles and the credit for previously owned plug-in electric vehicles ...

U.S. Department of Transportation Secretary Ray LaHood said tax incentives for plug ... the tax credit have questioned its effectiveness largely because of relatively low sales of electric ...

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.

First Congressman Mike Kelly (R-PA) introduced legislation calling for an end to the tax credit given to purchasers of electric vehicles, now the Washington Post editorial board has joined in the ...

Rules for a $7,500 tax break for electric vehicle ... sedans can cost up to $55,000. The credit can be used for fully electric or plug-in hybrid models. To qualify for the credit, individual ...