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The first two manufacturers – Tesla and General Motors – already reached the limit of 200,000 plug-in electric car sales in the U.S., which triggered phase-out of the federal tax credit, an ...
Image Credit: James Riswick Cars that still have the $7,500 EV tax credit. Both Tesla and General Motors have reached the sales threshold (200,000 units) that reduces the federal EV tax credit you ...
The full $7,500 federal tax credit for Tesla customers ends in less than two weeks, and we’re doing everything we can to try to ensure those who order a vehicle today can take delivery by December 31st and take advantage of the savings.
Internal Revenue Code Section 30D provides a credit for Qualified Plug-in Electric Drive Motor Vehicles including passenger vehicles and light trucks. For vehicles acquired after December 31, 2009, the credit is equal to $2,500 plus, for a vehicle which draws propulsion energy from a battery with ...
Tax reform could jeopardize the Plug-In Electric Drive Vehicle Credit, which gives buyers of electric vehicles a $7500 break. Read how that could affect the market at Car and Driver.
Confused as to which plug-in cars still qualify for tax credits? Edmunds.com has prepared the following electric car tax credit guide.
EV tax credit is burden for some. Electric vehicles are now commonplace. Consumers have many choices from lower cost EV’s to high-dollar EV’s.
Here's an updated list of the 19 plug-in electric cars that qualify for the full $7,500 credit in the U.S.
The federal government and a number of states offer financial incentives, including tax credits, for lowering the up-front costs of plug-in electric vehicles (also known as electric cars or EVs).
Lawmakers opposed to tax credits for EVs are trying again to eliminate federal subsidies for buyers of alternative-power vehicles and force them to contribute more for highway infrastructure.