Buyers in the US looking to take advantage of the federal electric vehicle tax credit have one last day to hunt for a good deal. Wording in the One Big Beautiful Bill Act that killed the $7,500 ...

While automakers like Hyundai and Stellantis have offered cash off incentives to bridge the gap for buyers, Ford and GM took ...

Sales of electric vehicles in the United States are almost certain to tumble when the $7,500 federal tax credit for EV buyers expires on October 1. But where prices go is less certain. The tax credit, ...

Car buyers can no longer use federal dollars to help pay for electric vehicles. Analysts expect a sharp drop in domestic sales.

The idea behind the program was to ease the impact of the tax credit expiration on dealers, who worried they would be stuck with tough-to-sell EVs.

GM initially had a way to virtually extend tax credits, but now it’s caving to political pressure. General Motors had a program in place that would have effectively extended federal EV tax incentives ...

Just after midnight this morning, in addition to getting a federal government shutdown, we also lost all federal tax credits for new electric vehicles, used electric vehicles, and commercial electric ...

The move allows certain electric vehicles to qualify for the tax incentive beyond the Sept. 30 expiration. Ford and GM spokespeople confirmed the programs to the Detroit Free Press, part of the USA ...

The lending arms at Ford and GM planned to initiate the purchase of EVs in dealers’ inventory, and then apply for the $7,500 credit on those cars and roll that money into EV lease terms. For customers ...