Starting in January, the IRS will make the $7,500 federal EV tax credit available immediately via dealers. The Treasury Department announced the update on Friday, noting that dealers will have the opt
Tesla said the $7,500 federal tax credits for its Model 3 and Model Y electric vehicles are likely to be reduced after December 31, according to a change on the automaker’s website late Tuesday.
South Korean automaker Kia said Wednesday it plans to invest over $200 million in its assembly plant in Georgia, where it will begin production of the electric EV9 SUV next year. The news comes as for
All new Tesla Model 3 vehicles will now qualify for the full $7,500 federal EV tax credit, according to a change in Tesla’s website and updated information by the U.S. government. The EV tax cre
The United States Treasury updated its list of electric vehicles eligible for a $7,500 EV tax credit per its new rules for battery sourcing, and BMW, Nissan, Rivian, Hyundai, Volvo and Volkswagen are
UPDATE: Tesla tweaks Model 3 page of U.S. website encouraging buyers to take delivery now in anticipation of reduced tax incentives by March 31. The U.S. Treasury Department’s guidance on bat
Tucked inside the massive Inflation Reduction Act of 2022 that was signed into law in August is a complex set of requirements around which EVs and other clean vehicles do and do not qualify for a $7,5