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Bad news if you drive an EV: This is how Donald Trump’s ‘big, beautiful bill’ could affect your taxes
Before the bill came into being, new EVs came with a $7,500 federal tax credit, and used EVs included up to $4,000, effectively bridging the gap between electric and petrol. They are cheaper to run than gas-powered cars, but the initial price hike was a turn-off for many.
Electric cars might cost more upfront without the federal break—but owners save thousands on gas and repairs over time.
A 2026 ballot measure will let voters decide whether to put a provision in the Arizona Constitution barring state and local ...
American electric vehicle makers Rivian and Lucid rose as much as 4.6% and 8.8%, respectively, on Thursday.
The massive tax and spending cut bill that Congress passed Thursday ends federal tax incentives for electric vehicles. Buyers ...
Tesla, the electric vehicle maker led by Elon Musk, saw global sales drop 13.5%, marking the second consecutive quarter with ...
Yesterday, Musk once again took to his social media platform to denounce the budget bill, threatening to form a third ...
A significant shift in the U.S. EV landscape may be imminent as the Senate advances a budget bill that would eliminate the ...
If the Big Beautiful Bill passes, the EV tax credit would end on Sept. 30. Start making plans now to figure out your next new ...
Presidents Donald Trump and Joe Biden both created car-buying incentives. Here's how to take advantage of both now.
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