Tesla has updated its U.S. website with a major clarification on the $7,500 federal EV tax credit. Buyers no longer need to take delivery of their vehicle by September 30, 2025, to qualify. Instead, they simply need to place an order and enter into a binding purchase agreement before the deadline. That means if you […]
In a major shake-up for electric vehicles and the clean energy sector, the U.S. House has officially passed President Donald Trump’s “Big Beautiful Bill,” which includes the elimination of the federal EV tax credit. The bill, which now heads to Trump’s desk for his signature, will officially end the $7,500 EV tax credit on September […]
The U.S. House of Representatives on Friday passed the Inflation Reduction Act (IRA), the largest climate bill ever passed in the country. It includes $369 billion USD in climate-related funding, part of which will cover tax credits of up to $7,500 USD for new and used electric vehicle (EV) purchases. The IRA cleared the U.S. […]
A major lobbying group representing major automakers General Motors, Toyota, Volkswagen and others has said the newly passed U.S. Senate bill including tax credits for electric vehicles (EVs) could jeopardize climate targets. The $430 billion bill approved by the U.S. Senate on Sunday could stop automakers from reaching EV adoption targets by 2030, one senior […]
