A major contributor to electric-car sales is the program under which buyers of new electric cars qualify for a federal income-tax credit of up to $7,500. But these tax credits are not unlimited. Once a manufacturer reaches sales of 200,000 plug-in electric cars (after December 31, 2009), the credits start to phase out for that company's cars... Will GM or Tesla buyers lose electric-car tax credits first?
A major contributor to electric-car sales is the program under which buyers of new electric cars qualify for a federal income-tax credit of up to $7,500. But these tax credits are not unlimited. Once a manufacturer reaches sales of 200,000 plug-in electric cars (after December 31, 2009), the credits start to phase out for that company's cars...
With any new presidential administration comes a certain degree of legislative uncertainty. Conflicting statements on many issues by president-elect Donald Trump have produced more questions than usual about what policies he and his administration may pursue. But for present and future electric-car owners considering the purchase of a home...
One of the challenges of making and selling electric cars is that their batteries are still expensive. And despite some makers' absorbing losses on the earliest cars, that means they sell for prices higher than those of similarly sized vehicles with combustion engines. Sure, owners will save money on running costs—but most shoppers will...