The U.S. government has advanced steps to incentivize the adoption of electric vehicles (EVs) by issuing approximately $135 million in advance point-of-sale consumer tax credit payments since the beginning of Full Article »
General Motors (GM) has announced a $7,500 incentive for its electric vehicles (EVs) that recently lost their eligibility for a U.S. government tax credit. The U.S. Treasury released guidelines in Full Article »
Several electric vehicle models, including popular ones like the Nissan Leaf, Tesla Cybertruck All-Wheel Drive, some Tesla Model 3s, and the Chevrolet Blazer EV, have recently lost eligibility for tax Full Article »
Maine is currently deliberating whether to embrace California-style regulations aimed at significantly restricting the sale of new gas-powered vehicles, with the goal of promoting electric vehicle (EV) adoption. Scheduled for Full Article »
Ford Motor Company has announced that it is unlikely that its Mustang Mach-E electric vehicles currently available in dealer showrooms will qualify for federal tax credits in January. This revelation Full Article »
The U.S. Department of Energy is taking substantial steps to bolster the domestic electric vehicle (EV) battery industry by announcing an additional $3.5 billion in funding. This initiative is aimed Full Article »
Getting a $7,500 tax credit for purchasing an electric vehicle (EV) is set to become a quicker and more accessible process, thanks to changes in the tax incentive system. Starting Full Article »
The U.S. Treasury Department has recently issued pivotal guidance that promises to reshape the electric vehicle (EV) landscape in the United States. On Friday, the department unveiled new directives regarding Full Article »
Tesla CEO Elon Musk is considering another round of price cuts for electric vehicles in response to economic uncertainty. He believes it is reasonable to prioritize higher vehicle production over Full Article »
Tesla has recently announced that the federal tax credits available for purchasing their popular Model 3 electric vehicles are expected to be diminished following December 31st. This update was shared Full Article »
Imagine that: nearly 13,000 Americans tried to scam the government in the first half of 2010 by claiming they purchased an electric car. The false claims amounted to about 20% Full Article »