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Automakers Push EV Sales as $7,500 US Tax Credit Is Set to End
Sweeping tax and budget legislation approved by Congress will eliminate $7,500 tax credits for buying or leasing new electric vehicles and a $4,000 used-EV credit at the end of September. The subsidies have boosted EV sales in recent years, and some dealers and analysts expect shoppers to rush to take advantage of the credit before it expires.
With no money down, no interest, and no payments for 90 days, Ford wants to move metal before the $7,500 EV tax credit starts ...
2026 is the same year that Slate Auto is expected to begin delivering its barebones electric truck, which was supposed to ...
Ford Motor said it was “on track” to qualify for lucrative, Biden-era federal tax credits for electric-vehicle batteries it ...
John Roth, VP of global Cadillac, said during a July 10 media briefing that the company is capable of adjusting EV plans as ...
Ford Motor said Tuesday it believes its planned $3 billion Michigan electric vehicle battery plant, which is 60% complete, will qualify for production tax credits after a massive tax and ...
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