tax credit

GM electric car federal tax credit cut in half Monday, Chevy Bolt EV price won't change
GM electric car federal tax credit cut in half Monday, Chevy Bolt EV price won't change

On April 1, General Motors' federal electric car tax credit will be cut in half from up to $7,500 to $3,750. It leaves the Chevy Bolt EV without full federal incentives against rival electric cars. The automaker said Thursday that it will not reduce the electric car's price due to the tax credit...Read More»

2019 Chevrolet Bolt EV
Trump's proposed 2020 budget would end electric-car tax credits

The federal electric-car tax credits survived the most recent tax overhaul legislation in 2018, but they're back in the crosshairs. U.S. President Donald Trump's proposed budget for the 2020 fiscal year includes the end of the tax credits for consumers who purchase a qualifying electric vehicle...Read More»

Screencap from Tesla website, included in complaint to California DMV from dealers
California Dealers Accuse Tesla Of 'Misleading' Customers With Financing Promises

Honestly, Tesla can't catch a break. First, it had to make a fully electric car that didn't look like a doorstop or a computer mouse from 1997. No small task, that. Then, it had to find a few backers, which caused consternation in some corners. And then it had to jump perhaps the biggest hurdle of...Read More»

2011 Chevrolet Volt Z-Spec
Chevy Volt Tiff Exposes Potential Abuse Of EV Tax Credit?

The federal government's $7,500 tax credit—applying to the 2011 Chevrolet Volt, Nissan Leaf, and Tesla Model S—has become a hot topic over the past couple of days, as a Washington, D.C. (read: politically motivated) 'watchdog' group sounded an alert over dealerships that were allegedly...Read More»

2011 Chevrolet Volt
UPDATE: Dealers Pocketing $7,500 Chevy Volt Tax Credit?

UPDATE: Several sources have reported that the practice described below appears to be confined to a few isolated incidents, if at all, and a General Motors spokesman called the NLPC 'confused.' The NLPC meanwhile in a follow-up cried foul on GM's claim that there's "high demand" for the Volt and...Read More»

2011 Nissan Leaf prototype
Automakers Request More Subsidies For Plug-Ins, EVs, And Infrastructure

And here we are: Tax Day. The day that Uncle Sam kindly requests the presence of your cash in his coffers so that he can continue running programs -- some good, some less so -- that, put together, make the U.S. our country of choice. What more appropriate time of year for automakers to pay a visit...Read More»

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