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.

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

The proposed rules set out requirements for critical ... As of April 18, only a few EVs qualify for the full $7,500 tax credit. Some electric vehicles that don’t qualify include about nine ...

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

The Inflation Reduction Act of 2022 changed the rules for this credit for ... you may qualify for up to $7,500 in federal tax credit for your electric vehicle. At first glance, this credit may ...

WASHINGTON (AP) — Fewer new electric vehicles will qualify for a full $7,500 federal tax credit later this year, and many will get only half that, under rules proposed Friday by the U.S ...

Fewer electric vehicles now qualify for consumer tax credits after the Biden administration on Monday began enforcing tougher rules on where vehicle batteries must originate. The new list ...

However, a new electric vehicle, according to Kelley Blue ... they will buy it regardless of the tax credit. The new rules governing the tax credits say that for a vehicle to be eligible, it ...

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 ...

I should note that before we start the discussion, these rules are proposed ... There are a lot of tax credits contained in the IRA, not just this electric vehicle clean energy tax credit.

Last year’s Inflation Reduction Act provided a federal tax credit of up to $7,500 to use toward an EV. Under the rules, a ...