Federal EV tax credits in 2025 top out at $7,500 if you're buying a new car and $4,000 if you're buying a used car, while the bank or the automaker's finance company can take a $7,500 tax credit for ...

What is the EV tax credit? Learn who qualifies, income limits and how to claim up to $7,500 for electric vehicles. Find out if your purchase is eligible.

Sales of electric cars and trucks could be scorching hot at the end of summer, according to industry analysts, as buyers race to lock in clean vehicle tax credits that expire in September. A lucrative ...

Editor's note: President Donald Trump signed the "One Big Beautiful Bill Act" (OBBBA) into law on July 4, 2025. A major component of the bill was the elimination of the federal electric vehicle tax ...