If you were thinking about buying a Chevy Bolt in the US, you might want to hop on that shortly. A Reuters source claims that GM managed to sell a lifetime total of 200,000 electric cars by the end of 2018, triggering the EV tax credit phase-out tha...
GM’s EV tax credit might shrink soon
If you were thinking about buying a Chevy Bolt in the US, you might want to hop on that shortly. A Reuters source claims that GM managed to sell a lifetime total of 200,000 electric cars by the end of 2018, triggering the EV tax credit phase-out tha...
Now that Tesla's federal EV tax credit has been cut in half, it's determined to keep sales humming with a price cut. The automaker has slashed the price of the Model 3, Model S and Model X by $2,000 in the US to soften the blow of the reduced tax in...
Tesla, GM and Nissan have teamed up on a new lobbying initiative to extend the $7,500 per vehicle tax credit for EVs. The "EV Drive Coalition" -- which also counts industry giant ABB and non-profit Plug In America as its members -- launched on Tuesda...
If you were hoping to take advantage of the federal government's $7,500 tax credit for buying an electric vehicle, you may soon be out of luck. According to a report at Bloomberg, the provisions in the US tax code may be eliminated in the current rou...