Consumer tax credits would phase out soon Under the bill passed by the House, the consumer tax credit for new electric vehicles (worth up to $7,500) would phase out after 2026. But for most ...

Federal electric vehicle tax credits could be eliminated as early as mid-2025 under new legislation proposed by Senate Republicans. The bill seeks to end the $7,500 new EV tax credit within 180 ...

On July 3, Republicans in the U.S. House sent a bill to President Donald Trump’s desk that kills tax credits of up to $7,500 for EV customers that were part of the 2022 Inflation Reduction Act.

Bank of America forecasts those new models will lead to an estimated 3.4 million hybrid sales in 2028 (for model year 2029), or about a 20% market share. (In 2024, both EV and hybrids together ...

New reports from the Governor's Office of Economic Development state the Sony Pictures and Summerlin Studios projects might not be able to pay for themselves, in regards to tax credits.

Sweeping tax and budget legislation approved by Congress on Thursday means $7,500 tax credits for buying or leasing new electric vehicles will end on Sept. 30, as well as a $4,000 used EV credit ...

The new tax, along with killing the tax credits, could raise taxes on utility-scale solar projects by 18%, according to Princeton University professor Jesse Jenkins. Jenkins wrote on X that ...

The original House GOP version of Trump's sweeping tax and spending bill included a new $250 annual federal fee for electric vehicle (EV) owners, regardless of when they bought their car.

Politics & Government Clean energy tax credits key part of jobs growth in NC, Gov. Josh Stein says By Dawn Baumgartner Vaughan June 1, 2025 5:00 AM ...