Here's a rundown of how the tax credit works and what to expect. Up until 2023, the EV tax credit worked like most others: You would purchase the EV at full price, then apply for the $7,500 credit ...

Republican Senators have introduced bills to not only kill the $7,500 tax credit for electric vehicles but also add a $1,000 tax at the purchase of new EVs. President Trump campaigned on killing ...

Experts also anticipate that Trump could eliminate the $7,500 federal tax credit for zero-emission vehicle purchases, which would increase the cost of buying some electric cars. Newsom vowed last ...

The tax credit applies to models like the Blazer EV, and Declarador says the savings ... California Governor Gavin Newsom pledged to introduce a new state-level rebate if federal credits are ...

California's forced, rushed transition to electric vehicles doesn't match what anyone in the state actually wants.

Ford's F-150 Lightning is one of many electric vehicles that qualify for a $7,500 tax credit. The federal government's $7,500 tax break for electric vehicle purchases has never been easier to claim.