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.

As sales of electric vehicles continue to surge, many new and prospective customers have questions about qualifying 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 ...

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 ...

A dealer can apply the tax credit to any leased electric vehicle, no matter where it's made, to reduce a customer's monthly ...

If you're in the market for an electric car and were banking on tax credits to drop the price by $7,500, you now have fewer options to choose from. The US Treasury Department recently released a ...

The electric vehicle industry in the U.S. is ... changed which vehicles qualify for the full EV tax credit. Ward's Auto noted the new rules mean that consumers view some EV vehicles as suddenly ...

He tells On Your Side that the credits are persuading consumers to go electric. Under the new rules, to get full credit, the MSRP has to be under $55,000 for a car and under $80,000 for a van ...

According to market sources, the Biden administration will exclude proposals for electric vehicles from the final biofuel ...

The US Treasury has updated the list of electric vehicles and plug-in hybrid EVs ... 2022—when the Inflation Reduction Act on which these tax credit rules are based became law.

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