rebate

The 2024 EV Tax Credit: Big Rebate, Small List

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The federal government’s $7,500 tax break for electric vehicle purchases has never been easier to claim. But let’s address the elephant in the room: There aren’t that many EVs that qualify for the full or partial credit right now.  While the discount is substantial, it applies only to electric vehicles that meet certain requirements, mostly … Read more

EV buyers will get an instant rebate of as much as $7,500 starting in 2024

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The Treasury Department released new guidance Friday outlining how car dealers can give customers instant access to the electric vehicle rebate starting in January 2024. It’s the latest move by the Biden administration to bring down the cost of EVs in the hopes that more people will buy them. The new guidance lays out how … Read more