California Governor Gavin Newsom is promising to step in with a state electric-car tax credit if US President-elect Donald ...

The auto industry just had a “soap opera moment” with California Governor Gavin Newsom riding in to save EV purchase tax ...

If President-elect Donald Trump makes good on his threat to kill federal tax credits for electric vehicle purchases, it’s ...

California Governor Gavin Newsom’s EV rebate proposal excludes Tesla, intensifying his feud with Elon Musk and raising ...

California will seek to relaunch subsidies of electric vehicles if Republicans in Washington follow through on repealing a $7 ...

Last quarter, the company reported some $740 million in income from a carbon credit system administered by California and other states that allows other car manufacturers to purchase credits from ...

This latest news follows an October 2023 update that pertained to the transferring of credits. Per the IRS: This “transfer” is essentially the ability of a new EV buyer to give the tax credit ...

Additional EV tax credits are in the Build Back Better spending ... Prime small SUV with 42 miles of electric range earns the buyer a $7,500 credit, the largest available. The Prius Prime plug ...

But for purchases, both the car and the buyer are subject to ... and less restrictive tax credits, leasing might offer other advantages over purchasing an EV: You’ll enjoy peace of mind.

Federal EV tax credits The federal EV tax credit is split ... for all-electric vehicles and are not held to the individual buyer standards of income caps, MSRP limits, or mineral and component ...

Tesla has announced a major new incentive to help boost its EV sales during the last quarter of the calendar year – this time targeted to buyer of its Model Y and ... which provides referral credits ...