If you’re considering buying or leasing an electric vehicle, now is the time to act. Federal tax credits toward purchasing 22 qualifying new electric car and plug-in hybrid models will expire on Sept.

Federal discounts for electric vehicles expire at the end of the month. The deadline has led to a spike in EV sales and whiplash for auto dealers. There are just a few weeks left for federal discounts ...

Here's what you need to know if you purchased an EV or a PHEV in 2025, or plan to lease one Thanks to a strategy by General Motors, the Chevrolet Equinox EV still qualifies for a federal tax credit.

Mercedes-Benz USA has confirmed that U.S. and U.S.-bound production of its first-generation EQ cars will pause on Sept. 1. That includes the EQE and EQS sedans and SUVs, and all of their variants.

It is the end of the line for US electric vehicle tax credits. Sweeping tax and budget legislation approved by Congress on Thursday means $7,500 tax credits for buying or leasing new electric vehicles ...

Toward the end of last month, GM devised a plan to have its in-house lending arm initiate the purchase of EVs in its dealers’ inventory. The company planned to apply for the federal $7,500 credit on ...

The federal government’s EV tax credit program is set to end in September, prompting a surge in EV purchases. The rush has also sparked tensions between car dealerships and the IRS Congress passed the ...

The Senate's version of the giant tax and spending bill might eliminate tax credits for electric vehicle purchases even sooner than the House version. The House bill called for those tax credits to ...

If you’ve been thinking about buying a new electric vehicle, you have less than three months to bundle tax credits from both Joe Biden’s and Donald Trump’s administrations. Consider how each president ...

In just a few days, the federal tax credit for electric vehicles — which knocks several thousand dollars off the price of many new or used EVs for qualified buyers — will be history. A few years ago, ...

Consumers scrambled to buy before a $7,500 federal credit expired on Sept. 30 Coloradans rushed to capture expiring federal tax credits in the past three months, pushing the clean-car portion of new ...