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 ...

Car dealers will have the green light to offer instant rebates to buyers of select electric vehicles, starting from January 2024. The memo outlines that eligible vehicles may potentially qualify for a ...

Making the switch from a gas to an electric vehicle is about to become considerably cheaper for those living in Washington thanks to a new tax rebate. Tax rebates worth up to $9,000 will become ...

SEATTLE — An instant rebate program for electric vehicles has been so popular in Washington state, a key EV market, that its department of commerce anticipates it'll exhaust its $45 million in funding ...