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Electric SUV and truck maker Rivian and the State of Illinois have partnered again on an expansion of their plant in Bloomington-Normal with a series of tax incentives to go
Planning on buying a new battery-electric vehicle in 2024 that's eligible for an Uncle Sam discount? Your options are now limited to only four manuf...
Ev Tax Credit: Plans outlined by the Treasury and Energy departments would limit EV buyers from claiming the full tax credit if they purchase cars containing battery materials from China and other countries that are considered hostile to the United States.
Recent developments have put the automotive industry on a fast track to transition toward electric vehicles, in what the Biden administration identifies as a key player in reducing carbon emissions. However, several bumps in the road have caused drivers to stop buying electric cars, including the high prices and confusing tax credits.
If you plan on buying a new electric vehicle, be it battery-electric, fuel-cell, or plug-in hybrid, the EV tax credit is Uncle Sam's way of persuadi...