The Inflation Reduction Act (IRA) was meant to spur production and sales of electric vehicles (EVs) with tax credits for ...

Motorists can claim up to $7,500 in credits when they buy specific models of electric cars thanks to a rebate in by the US Treasury Department in April. But a bizarre loophole in regulations means ...

Thanks to a boost from the government, leasing — not buying — is becoming the most affordable way to get your hands on an ...

The electric vehicle tax credit has been expanded and modified. Here are the rules, restrictions and how to qualify. Many or all of the products featured here are from our partners who compensate us.

New EV tax credit rules for 2023 are here thanks to the Inflation Reduction Act's focus on clean energy. But ever since the IRA became law, Changes to the EV tax credit, which are supposed to ...

As sales of electric vehicles continue to surge, many new and prospective customers have questions about qualifying for federal tax credit on electric vehicles, especially now that a slew of new ...

When new requirements for the EV tax credit took effect in April, the number of electric vehicles that qualified for the $7,500 tax break dropped dramatically. Right now only about a dozen cars ...

UPDATE (04/18/2023): Ten electric vehicles will be eligible for a $7,500 U.S. tax credit, while another seven could get $3,750 under new federal rules that went into effect on April 18 ...

Money Research Collective’s editorial team solely created this content. Opinions are their own, but compensation and in-depth research determine where and how companies may appear. Many featured ...

Thanks to a boost from the government, leasing — not buying — is becoming the most affordable way to get your hands on an ...

Shocking to some but buying might not be the best way to go for a new car if you’re trying to save the money and go the most ...

PHOENIX (3TV/CBS 5) — Electric vehicles are becoming more and more common. Federal tax credits can make them a pretty attractive option. But not every EV qualifies for the credit, so there’s a ...