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Study finds EV buyers want rebates, not tax credits; government could have saved $2B

Green Car Congress

A study by a team from the George Washington University finds that not all financial incentives are created equal in the eyes of prospective car buyers, and the current federal incentive—a tax credit—is, in fact, valued the least by car buyers. The current federal electric vehicle tax scheme is a pain.

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How To Get The Federal Tax Credit For Electric Vehicles

Green Energy Consumers

Back in November 2024, we wrote about the incoming federal administrations intention to do away with the federal tax credit for electric vehicles (EVs). Were now well into tax season in 2025, and the federal tax credit is still in existence for now.

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Republicans in Congress Want to Put $1,000 Tax on EVs, & Kill the EV Tax Credit

CleanTechnica EVs

continued] The post Republicans in Congress Want to Put $1,000 Tax on EVs, & Kill the EV Tax Credit appeared first on CleanTechnica.

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Fisker finesses the Inflation Reduction Act tax credit changes with binding sales contract; “Transition Rule”

Green Car Congress

The US Senate has passed the Inflation Reduction Act, with nearly $400 billion in funding over 10 years for climate- and energy-related programs; among the myriad provisions in the 755-page bill are changes to the electric vehicle Federal tax credit of $7,500. At that time, this order process will close.

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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp.,

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Volvo XC40 Recharge EV to start at $53,990 in US before qualifying tax incentives

Green Car Congress

The Volvo XC40 Recharge, the company’s first fully electric vehicle, will carry an MSRP of $53,990 when it arrives in US showrooms later this year. The purchase of an XC40 Recharge may qualify for a federal tax credit of up to $7,500. State and local incentives could add further benefits. National Charging Network.

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Tesla VP of Finance corrects critic who claims that TSLA pays no taxes

Teslarati

Tesla Vice President of Finance Sendil Palani recently addressed claims from former secretary of labor and UC Berkeley Professor Robert Reich about the electric vehicle maker’s federal tax payments. billion in the United States in 2024, but the company paid $0 in federal taxes. “You want waste and fraud?

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