EVs made with Chinese materials will be ineligible for the tax credit under a final rule the Treasury Department released ...
WASHINGTON - The U.S. government is loosening some rules governing electric vehicle tax credits, potentially making more EVs ...
“The Inflation Reduction Act’s clean vehicle credits save consumers up to $7,500 on a new vehicle, and hundreds of dollars per year on gas, while creating good paying jobs and strengthening our energy ...
The Biden administration is allowing graphite, a key battery metal, to be temporarily exempt from Inflation Reduction Act ...
Pre-owned EVs purchased in or after 2023: For tax credits to apply, according to the US DOE, "Your modified adjusted gross ...
Opinions expressed by Forbes Contributors are their own. I write about how to maximize your automotive investment and more. As part of the highly-touted Inflation Reduction Act, Congress extended ...
If you’re thinking about buying an electric car or a plug-in hybrid, you should be aware that the list of vehicles that are eligible for a federal EV tax credit of up to $7,500 is different as ...
Editor’s note: This story was updated April 29, 2024, to reflect updates to the list of eligible vehicles. If you’re shopping for or researching an electric vehicle in 2024, you’ve ...
Kia is among some major industry manufacturers that have expressed concern over new sourcing and assembly requirements in the Inflation Reduction Act (IRA). Signed by President Biden last year ...
If you buy through a BGR link, we may earn an affiliate commission, helping support our expert product labs. The IRS has released the full list of electric vehicles that will qualify for the full ...
Under revisions from Biden agencies revealed Friday, more EVs are likely to qualify for the full $7,500 tax credit amount in 2025 and 2026, but it will be no easier for Chinese companies to get in.
Opinions expressed by Forbes Contributors are their own. I write about how to maximize your automotive investment and more. As part of a massive tax, climate, and health-care bill signed into law ...