Buyers have until Sept. 30 to qualify for the credit now that Congress has passed the spending bill, which ends the program.

Electric cars might cost more upfront without the federal break—but owners save thousands on gas and repairs over time.

The $7,500 tax credit that car shoppers can use for new EV purchases is set to expire at the end of September, according to ...

It is the end of the line for U.S. electric vehicle tax credits. Sweeping tax and budget legislation approved by Congress on ...

President Donald J. Trump has been on a crusade during his second term in office to pass what he has dubbed the "One Big ...

American electric vehicle makers Rivian and Lucid rose as much as 4.6% and 8.8%, respectively, on Thursday.

Lawmakers would eliminate a $7,500 tax credit for households that buy or lease new EVs, as well as a $4,000 credit for ...

A significant shift in the U.S. EV landscape may be imminent as the Senate advances a budget bill that would eliminate the ...

Yesterday, Musk once again took to his social media platform to denounce the budget bill, threatening to form a third ...

Under the current law, taxpayers can claim the electric vehicle tax credit if they meet specific income and purchase requirements.

Eliminating the EV tax credit could make some of the most popular electric cars less desirable to consumers. President Donald Trump's 'Big, Beautiful Bill' spans 1,116 pages.