The electric vehicle tax credit has been expanded and modified. Here are the rules, restrictions and how to qualify. Many or all of the products featured here are from our partners who compensate us.

The Inflation Reduction Act set manufacturing standards for new electric vehicles to be able to qualify for a $7,500 tax credit. Those rules kick in April 18. Fewer cars are likely to qualify for ...

A dealer can apply the tax credit to any leased electric vehicle, no matter where it's made, to reduce a customer's monthly ...

Despite the confusion, electric vehicle tax credits can benefit some consumers. So, it's important to know how the 2023 credit works and which vehicles currently qualify for the EV credit ...

Eagerly anticipated federal guidance on the EV tax credit was released last month that limits which electric vehicles qualify for the $7,500 tax credit under the Inflation Reduction Act (IRA).

When new requirements for the EV tax credit took effect in April, the number of electric vehicles that qualified for the $7,500 tax break dropped dramatically. Right now only about a dozen cars ...

UPDATE (04/18/2023): Ten electric vehicles will be eligible for a $7,500 U.S. tax credit, while another seven could get $3,750 under new federal rules that went into effect on April 18 ...

Money Research Collective’s editorial team solely created this content. Opinions are their own, but compensation and in-depth research determine where and how companies may appear. Many featured ...

Not only are you already helping the environment, you're getting a a tax credit up to $7,500. It's getting clearer and clearer that electric vehicles are worth the cost. There are so many reasons!

Most EVs for sale today do not qualify for the full federal tax credit under the Inflation Reduction Act because of where the vehicles or components are built. But leasing the vehicles can save ...

PHOENIX (3TV/CBS 5) — Electric vehicles are becoming more and more common. Federal tax credits can make them a pretty attractive option. But not every EV qualifies for the credit, so there’s a ...

Thanks to a boost from the government, leasing — not buying — is becoming the most affordable way to get your hands on an ...