Jun 27, 2024 | Electric Vehicles, Finance, US Economy
Prices on electric vehicles are tumbling as dealership lots are filling up with more models amid cooling consumer demand. The result is that EV prices, in some cases, are approaching those of gas-powered cars, after adding in federal tax credits. The average price of...
Jun 18, 2024 | Featured, US Economy
It’s been a long time since American cars were built in the U.S. by American automakers, and foreign cars were all true imports. These days, your BMW SUV is probably built in South Carolina, and your Ram 1500 could have been built in Mexico. If you want the most...
May 16, 2024 | Electric Vehicles, US Economy
As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Whether your vehicle qualifies or not is a simple yes or no question, but the amount you may...
May 8, 2024 | Batteries, Government, US Economy
The U.S. government on Friday loosened some rules governing electric vehicle tax credits, potentially making more EVs eligible for credits of up to $7,500 but leading critics to accuse the Biden administration of helping China. The Treasury Department announced final...
Apr 18, 2024 | Electric Vehicles, Featured, US Economy
New electric cars are cheaper than ever, and a robust used market is finally giving prospective buyers budget options. That’s good news for EV adoption overall, but frustrating for owners who bought EVs at high prices and are seeing their cars lose value at alarmingly...
Jan 4, 2024 | Detroit, Electric Vehicles, Featured, US Economy
General Motors said on Wednesday it is offering incentives of $7,500 on its electric vehicles that earlier this week lost a U.S. government tax credit, while Ford Motor said it is hiking the prices of some of its F-150 EVs by $10,000. The Treasury issued guidelines in...
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