What happened to the $7,500 federal electric car tax credit?

The $7,500 federal electric car tax credit, also known as the New Clean Vehicle Credit, was removed on September 30.

Which car brands won in the 2025 Readers' Choice EV and hybrid survey?

Toyota won for overall satisfaction in hybrids and PHEVs, while BMW led in EV driving experience. Chevrolet received top ratings for EV driving range and reliability.

Who leads in electric vehicle charging networks and apps?

Tesla's Supercharger network dominates public charging, and its Wall Connector is rated highly for home use. PlugShare remains a top app for finding charging stations.

Home / Technology / EV Tax Credit Gone: What Now for Electric Cars?

EV Tax Credit Gone: What Now for Electric Cars?

20 Dec

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Summary

Federal EV tax credit of $7,500 was removed on September 30.
Toyota leads in hybrid and plug-in hybrid categories for 2025.
Tesla dominates charging networks, while BMW leads in EV driving experience.

EV Tax Credit Gone: What Now for Electric Cars?

The landscape for electric vehicles (EVs) and their hybrid counterparts has shifted significantly following the removal of the $7,500 federal tax credit on September 30. This change, which previously incentivized automakers, has led to a slowdown in new EV tech development within the US. Despite this, record EV sales occurred in August, just before the credit's expiration.

For 2025, Toyota has emerged as a leader in the Readers' Choice survey, securing the top spot for hybrid electric vehicles (HEVs) and plug-in hybrids (PHEVs). Toyota received high scores for operational costs and reliability. In the all-electric vehicle (EV) category, BMW earned accolades for its superior driving experience, though it was noted for higher costs, while Chevrolet was recognized for its EV range and technology support.

The charging infrastructure also saw clear winners, with Tesla's Supercharger network dominating Level 3 charging for reliability and accessibility. For home charging, Tesla's Wall Connector received high ratings, though ChargePoint was also recognized for its universal compatibility. Apps like PlugShare and Waze continue to be favored by drivers for finding charging stations and planning routes, respectively.