In a move to boost cleaner transportation options, the recent updates to tax incentives now include significant benefits for those investing in new plug-in electric vehicles (EVs) or fuel cell vehicles (FCVs). If you’re stepping into the future with a purchase in 2023 or beyond, here’s what you need to know […]
The Internal Revenue Service (IRS) has updated the rules for electric vehicle (EV) tax credits as of January 1, 2024, presenting a mix of limitations and benefits for consumers. Decreased Eligibility but Immediate Benefits The primary change is the reduction in the number of vehicles eligible for the federal tax credits, […]