$7,500 EV Tax Credit at Risk

Auto sales get year-end boost from Trump’s threat to end EV tax credits
Overall EV sales gained 12%, pushing the full-year total to a record 1.3 million, according to forecasts from researcher Cox Automotive.
All The EVs And PHEVs That Lost The Federal Tax Credit In 2025
Several electric and plug-in hybrid vehicles are no longer eligible for a federal tax credit in 2025.
Car shoppers take advantage of EV tax credit before Trump takes office
The president-elect criticized the EV incentives on the campaign trail, and reports indicate they could be on the chopping block along with more stringent greenhouse gas tailpipe emissions regulations. Tesla Inc. CEO and Trump backer Elon Musk has said he supports ending the EV tax credits.
The race is on to buy an EV while the $7,500 tax credit is a sure thing. Drivers should still go slow and ask these questions.
The incentives do not count the federal tax credits that currently pay up to $7,500 for qualifying new EVs and up to $4,000 on qualifying used EVs, according to Stephanie Valdez Streaty, director of industry insights at Cox Automotive.
US Car Sales Get Year-End Boost From Trump’s Threat to End EV Tax Credits
President-elect Donald Trump’s threat to eliminate tax credits for electric vehicles likely gave plug-in cars a much-needed boost after a disappointing year, part of a broader surge in auto sales at the end of the year.
US Car Sales Get Year-End Boost From Trump’s EV Threat
The threat by President-elect Donald Trump to end tax credits for electric vehicles helped lift sales in the fourth quarter, giving U.S. automakers a much-needed boost after a disappointing year.
Electric Cars and Plug-In Hybrids That Qualify for Federal Tax Credits
Even if the Trump administration takes away the EV tax credit, these new cars, trucks, and EVs still qualify in the meantimeThe Chevrolet Equinox EV currently qualifies for a federal tax
EVs Were Almost 90% of Norway’s New Car Sales in 2024
With 2024 in the rearview mirror, a clearer picture of the auto industry’s year is becoming clearer. Automakers selling in the United States saw big gains in electric vehicle sales, though there’s speculation that the potential loss of tax credits coming with the Trump administration drove sales late in the year.
Hyundai, Kia Qualify for $7,500 EV Tax Credit Amid Political Uncertainty
Electric vehicles from Hyundai and Kia have finally qualified for a key clean energy tax break. But is the tax credit on its way out?
Stellantis, VW Drop After Losing US Electric-Car Subsidy
Stellantis NV and Volkswagen AG shares declined as some of their plug-in cars lost access to US tax credits under tougher ...
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Which Electric Cars Are Still Eligible for the $7,500 Federal Tax Credit?
If you’re shopping for or researching an electric vehicle in 2025 ... Related: What Does the EV Tax Credit Overhaul Mean for Car Shoppers? The more positive news for 2024, however, was that ...
2025 Tesla Cybertruck Is Now Eligible for the $7500 Federal Tax Credit
The Genesis Electrified GV70, the Hyundai Ioniq 5, and the Kia EV6 and EV9 are other EVs now eligible for the federal ...
Thinking of buying an EV? You might want to move quickly
The best time to buy an electric vehicle may be right now. That's because a $7,500 federal tax credit could soon disappear.
Is it better to lease or buy an electric car in this market? Here are the pros and cons.
Let’s weigh the benefits of leasing vs. buying an electrical vehicle, plus some factors influencing the current auto market ...
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Stellantis, Volkswagen Drop After Losing US Electric-Car Subsidy
VW’s ID.4 electric crossover lost its full $7,500 tax credit, according to the latest listing by the Department of Energy and ...