Tax Incentive News

Senate Proposes Ending EV Tax Credit Even Sooner

The tax credit for new and used EVs could be gone by the end of 2025.

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Trump Admin H.R. 1 Bill Would Allow Auto Loan Interest Tax Deductions Up To $10,000

Expected to save tax payers an average of several hundred dollars per year.

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Without Government Rebates, Canadian EV Sales Tanked In March 2025

A preview of what might happen in the States.

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Tesla Responds To Canadian Government Over EV Rebate Investigation

It was just a misunderstanding, the automaker says.

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U.S. Senators Propose Killing EV Tax Credit, Adding $1,000 Tax To EV Purchases

The days are likely numbered for the U.S. federal EV tax credit.

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Eliminating EV Tax Credit Will Mostly Affect GM, Tesla Buyers

You might want to buy your next EV soon.

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GM Canada To Offer $5,000 EV Purchase Incentive Through January 2025

Following the abrupt end of the government's incentive program.

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Canada EV Rebate Program Paused As Allocated Funds Run Out

Unclear when, if ever, it will resume.

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Chevy Bolt EV, Bolt EUV Lose U.S. EV Tax Credit Eligibility

Not surprising, but now it's official.

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Trump And GM ‘Goal-Aligned’, Says CEO Mary Barra

"He listens very intently."

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GM Could Demolish Entire Renaissance Center If Public Funding Is Rejected

With some calling the plan "extortion."

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U.S. EV Buyers Saved $2 Billion In Tax Credits So Far This Year

Three GM models currently qualify for the tax credit.

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2025 Cadillac Optiq Will Be Eligible For $7,500 Consumer EV Tax Credit

The second such confirmation from GM.

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90 Percent Of U.S. EV Buyers Choosing Tax Credit Directly At The Dealer

As discounts, down payments, or cash.

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GM Built About 20,000 EVs Ineligible For U.S. Tax Credit

Revised downward from previous figures.

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GM Ultium-Based 2024 Acura ZDX Qualifies For U.S. EV Tax Credit

Making it somewhat more affordable.

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2024 Chevy Blazer EV Qualifies For U.S. EV Tax Credit Again

Thanks to a quick switch in suppliers.

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GM Ultium-Based Honda Prologue Crossover Qualifies For $7,500 U.S. EV Tax Credit

Just like the Lyriq and, soon, the Blazer EV.

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2024 Cadillac Lyriq Al Awael Sport trim - Middle East - Press Photos - Exterior 002 - front three quarters - DRL daytime running lights

2024 Cadillac Lyriq Qualifies For U.S. EV Tax Credit Again

Almost none of the Lyriq's rivals qualify for the tax credit under the new guidance.

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2024 Chevrolet Blazer EV

New Chevy Blazer EV, Cadillac Lyriq Production To Be Eligible For U.S. EV Tax Credit

Rejoining the Chevy Bolt EV and Bolt EUV.

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Car Dealers Worried About Upcoming Transferrable EV Tax Credits

"Cash for Clunkers" comparisons abound.

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Automakers Feel EV Tax Credit Proposal Is Too Restrictive

The bill includes provisions for foreign battery materials.

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GM’s BrightDrop Vans Should Be Eligible For Commercial EV Rebate In Canada

Businesses can receive $10,000 towards the purchase of an electric commercial van.

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GM Tax Abatement for Bedford Casting Operations In Indiana Approved

GM may invest millions into the facility to produce EV parts.

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Like GM, Ford Will Soon Run Out Of EV Tax Credits

Automakers are urging congress to remove the 200,000 vehicle cap.

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GM Renaissance Center Minimum Employee Count Axed Just Before Pandemic Hit

The Renaissance Center now sits mostly empty.

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