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Revised EV Tax Credit Adds Increased Price Cap for Electric SUVs, Trucks

Revised EV Tax Credit Adds Increased Price Cap for Electric SUVs, Trucks

A revised electric vehicle tax credit that U.S. House Democrats released includes an increased price cap to include electric SUVs and pickup trucks up to $80,000.

Vineeth Joel Patel2021-11-08 06:00 PT

$12,500 EV Tax Credit Survives in Biden’s Build Back Better Spending Bill

$12,500 EV Tax Credit Survives in Biden’s Build Back Better Spending Bill

The Build Back Better spending bill that was unveiled on October 28 includes increased tax credits for electric vehicles and investments in clean energy initiatives.

Vineeth Joel Patel2021-10-31 07:55 PT

New Bill Proposed to Remove Sales Limits on the $7500 Federal Tax Credit for EVs

New Bill Proposed to Remove Sales Limits on the $7500 Federal Tax Credit for EVs

A new bill introduced by Senator Dean Heller (R) of Nevada is hoping to keep electric car sales on the upward swing. The bill would extend the EV tax credits of up to $7,500 until 2022 for electric vehicles sold in the U.S.

Eric Walz2018-10-19 18:07 PT