California will offer a new “on‑the‑hood” EV rebate after the federal $7,500 credit ended, aiming to keep electric car sales ...
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Ev sales sink to 2022 levels after tax break ends
U.S. electric vehicle sales have snapped from record highs to a sudden chill, with volumes sliding back toward the levels seen before the latest subsidy boom. After the federal tax break expired in ...
It's been a few weeks since we lost the EV tax credits on eligible electric cars like the Model Y, and we're starting to see just how much money we're not saving now. One of the quickest ways to see ...
What Is the EV Tax Credit? Part of the Inflation Reduction Act (IRA) of 2022, the EV tax credit incentivized new car buyers to purchase EVs by giving them a $7,500 tax credit when buying a qualifying ...
On October 1st, 2025, the Trump administration ended the $7,500 federal tax credit for EV buyers. The tax credit was originally enacted in 2022 by the Biden administration to encourage the purchase of ...
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California looks to revive EV tax credit as prices push buyers out
California is racing to shore up its electric vehicle market just as higher prices and the loss of federal help are pushing ...
General Motors will incur a $1.6 billion loss to scale back its electric vehicle (EV) operations, citing weaker expected demand due to recent U.S. policy changes, including the end of federal EV tax ...
Tesla has benefited from the $7,500 discount that EV buyers have received. Musk is now opposed to the removal of the credit but had earlier argued that removing it would give the company an advantage ...
The government removed the EV tax credit at the end of September, but that doesn't mean people will stop buying electric vehicles. Surprisingly, for many buyers, it's business as usual, as many ...
Sales lagged even before the federal government began undoing policies to encourage electric vehicles. Can North Carolina ...
On Oct. 1, 2025, the electric vehicle (EV) tax credit was eliminated by President Donald Trump’s One Big Beautiful Bill Act (OBBBA). The massive bill sets the spending agenda and tax policies for the ...
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