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Congressional passage of a massive bill cuts billions of dollars in spending across many areas including clean energy.
The $7,500 tax credit that car shoppers can use for new EV purchases is set to expire at the end of September, according to the tax and spending bill that passed the House of Representatives on ...
A driver stacked solar panels on the roof of an electric car to charge it. Footage shows the black hatchback parked with ...
In our ongoing series, 'Driving into the Future,' we're examining what you should know about replacing electric or hybrid ...
The budget bill passed by Congress on Thursday pulls the plug on federal tax incentives for electric vehicles.
President Donald J. Trump has been on a crusade during his second term in office to pass what he has dubbed the "One Big ...
The massive tax and spending cut bill that Congress passed Thursday ends federal tax incentives for electric vehicles.
Because EVs are better cars. All EVs are quieter and smoother than equivalent internal-combustion products, and the true ...
Sweeping tax and budget legislation approved by Congress on Thursday means $7,500 tax credits for buying or leasing new electric vehicles will end on September 30, as well as a $4,000 used EV credit, ...
Plug-in hybrids grew 10% in the same period — from 293,578 to 321,774. By comparison, fully electric EVs saw 7% growth, from 1,164,638 to 1,247,656.
But, hey, I guess if we need to raise funds, we can surely milk a lot more out of those ~4 million EVs (times $200/year, that’s less than a billion dollars) than we can out of the ~290 million ...
Per Cars.com data, the average price of new EVs was $65,808 as of January 2025 — 34% higher than the overall new-vehicle average price of $49,000 and 37% higher than the $48,101 average price ...