If you’ve used AI from Google, ChatGPT, or elsewhere to try to get answers to a variety of queries, you’ve probably noticed some odd and incorrect information some of the time. Part of the problem with this, to me, is that the answers are provided in an authoritative way that … [continued]
It’s been a while since the $7,500 US tax credit for electric vehicles was ended, but the story is not over yet. As we noted a few months ago, a loophole was added, or confirmed, toward the end of the 3rd quarter. People who bought an EV before October 1 … [continued]
Hyundai slashed prices on the Ioniq 5 by nearly $10,000 after the federal tax credit expired. What if others followed suit?
The big electric vehicle (EV) story at the moment, in the US at least, is the expiring US EV tax credit, which provides up to $7,500 for buyers of new electric vehicles. After September 30, the tax credit is gone. But … maybe just sort of gone for some automakers … [continued]
This is expected to be a giant quarter for electric vehicle sales in the USA. After September 30, the $7,500 tax credit for new EVs and the $4,000 tax credit for used EVs are going to be eliminated. As a result, everyone has been expecting that people would rush to … [continued]
This is actually a simple one, so I’ll keep it quick. I’m not sure if we’ve ever presented this argument at all, and certainly not as a standalone article. Because it’s a clear sequence of points, I’m going to use a numbered list to get rolling. In the United States, … [continued]
As we all know, Donald Trump is not a fan of electric vehicles. In fact, overall, the Fossil Fuel Party does not want people leaving the gas pump behind and driving electric cars. So, it was also no surprise to those who pay attention to these things that Donald Trump … [continued]
Disclaimer: We are not tax professionals, and we recommend consulting with a tax professional about such matters before making important financial decisions related to taxes and tax credits. I recently wrote an article about the used electric vehicle tax credit that is available from the US government through September 30, … [continued]
There are just two months and two days left to get a used electric car in the United States and get a $4,000 tax credit off the price. However, not everyone is eligible for the tax credit, not every used electric car qualifies, and there are some things to know … [continued]
We’ve covered how Republicans in Congress and Donald Trump have killed key electric vehicle (EV) and solar subsidies that were put in place in 2022 via the Inflation Reduction Act. Removing these incentives, the electric vehicle and solar industries in the United States are likely to see their growth slow … [continued]
