The Treasury Department released new guidance that outlines how car dealers can give EV buyers an instant rebate rather than waiting until they file their taxes. The Treasury Department released new ...

Car dealers can give buyers an instant rebate for purchasing certain electric vehicles starting in January of 2024, according to new guidance released by the IRS. The memo says eligible vehicles may ...

Around 90 percent of qualifying electric vehicle buyers have opted to claim their federal tax credit as an instant rebate at the dealership this year, a positive sign for President Joe Biden’s efforts ...

The Biden administration hopes the immediate refund will help meet the president’s goal of lifting electric vehicles to 50 percent of new car sales by 2030. The Treasury Department laid out how car ...

Washington launched its instant rebate program for buying and leasing electric vehicles on Aug. 1, 2024. These are among the models on which rebates could apply. (Courtesy Washington Department of ...

Thinking about treating yourself to an electric car as a winter holiday gift? You might wait until Jan. 1, when new rules kick in that allow your down payment to be paid with free money from Uncle Sam ...