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EV Tax Credits Are Working—Cutting Them Now Would Be a Costly Mistake

Plug in America

If you already drive an EV, you might wonder, “Why all the fuss about EV tax credits?” Maybe you already took advantage of the federal tax credit or bought your EV without it because you care about tech, climate, or long-term savings. But here’s why those tax credits still matter—and why they’re worth defending.

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New Rules for Federal Electric Vehicle Tax Credit

Green Energy Consumers

Back in December, we wrote about how the rules for what electric vehicles (EVs) qualify for the federal tax credit were going to change in 2024. Those changes did kick in January 2024, but so did new rules about how to claim the federal tax credit that we hadn’t expected.

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How to Get the Federal Clean Vehicle Tax Credit This Year

Blink Charging

The latest Clean Vehicle Tax Credits can be applied to the purchase of a new or used EV at the point of sale as of January 1, 2024. The Clean Vehicle Tax Credit for new EVs is worth up to $7,500 and the Previously Owned Clean Vehicle Tax Credit is worth up to $4,000.

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Optimizing Car Leasing Tax Advantages

Clean Fleet Report

Optimizing Car Leasing Tax Advantages The UK Business Benefits This article may contain affiliate links. In this blog post, we’ll explore why leasing a car, like a Cupra Formentor or a Nissan Leaf, can be an ideal choice for your business, both in terms of financial benefits and tax advantages.

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Bank Study Claims 52 Percent of Households Postponed New Vehicle Purchases

The Truth About Cars

A survey conducted by Santander Holdings USA, attempting to probe the status of middle-class households over the last twelve months, has reported that over half are actively delaying new-vehicle purchases. While we’re focused entirely on automotive issues, home ownership has indeed played a factor in reducing vehicle purchases.

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New Jersey Approves Additional EV Road Use Taxes

The Truth About Cars

As more electric vehicles hit the roads, states are grappling with the change in tax revenues they’re seeing as a result. EV buyers don’t pay gas taxes, slashing millions out of state highway budgets and making it hard to afford planned improvements.

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AAA: Significant Number of Americans Remain Skeptical About EVs

The Truth About Cars

adults were likely or very likely to purchase an EV for their next vehicle, while the percentage of people who said they were unlikely to buy one was much higher. AAAs data showed the number of adults who were unlikely or very unlikely to purchase an EV climbed from 51 percent in 2022 to 63 percent in 2024 and 2025.