$7,500 EV Tax Credit: Status Update for 2025

Reported 2 days ago

The $7,500 federal electric vehicle tax credit remains available for buyers despite political uncertainty surrounding its future. While some dealerships are reportedly not promoting the credit due to confusion over eligibility, others are actively offering it. As discussions in Congress continue about potentially repealing the credit, industry experts emphasize the need to simplify the rules to encourage EV adoption rather than hindering it.

Source: YAHOO

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