What to know about buying electric vehicles after the federal tax incentives end
- Posted on July 3, 2025
- By Yahoo News
- 1 Views
What to know about buying electric vehicles after the federal tax incentives end
The massive tax and spending cut bill that Congress passed Thursday ends federal tax incentives for electric vehicles. Buyers have until Sept. 30 to qualify for the federal tax credits on EVs before they are terminated. Before the bill passed, new electric vehicles came with a $7,500 federal tax credit, and used EVs included up to $4,000.