President-elect Trump's transition team is aiming to scrap the tax credit for purchasing electric vehicles enacted during the ...

The federal tax incentives were part of the Inflation Reduction Act, which was passed by the Biden Administration. According ...

President-elect Donald J. Trump wants Congress to repeal a $7,500 electric vehicle tax credit. Doing so would hurt American ...

What doesn't make sense to me is that there already is a $1500 tax credit for hybrid gas/electric owners that will be phased out and replaced by the new tax credit. The new credit only gives ...

therefore the tax credit of $2,000 per vehicle is going to people that can afford it like Cameron Diaz. Of course there's no data to say what income level is buying the Ford Escape Hybrid ...

While there are many reasons why drivers opt to leave vs. buy a vehicle ... These, and other terms like the "hybrid/electric federal tax credit," essentially refer to the EV tax credit that ...