Over the last ten years or so, it’s been hard to find a car manufacturer that hasn’t been focusing on making more electric vehicles. It’s almost felt as if someone announced an unofficial race to see which car brand could go fully electric first, and every major player, including Honda, lined up to run. Between […]
Category: Tax Credit
Chinese EVs Could Shake Up the American Car Market
Like a giant snowball rolling down a hill and getting bigger as it goes, Chinese EVs are gobbling up the worldwide market. The US International Trade Commission reports that between 2018 and 2023, Chinese EV exports grew by 1,016%, totaling nearly 1.6 million vehicles—more than any other nation. They’re also ranked second only to Germany […]
What’s Happening With the EV Tax Credit?
According to recent news, current President-elect Donald Trump and his team are very likely to either greatly restrict or completely eliminate the current tax credit being offered on electric vehicles. Although there have been tax credits available to help encourage folks to buy EVs for many years now, the current version was put in place […]