EV Tax Credit – CoolPal

Last-Minute Surge in EV Sales as Federal Tax Credit Nears Expiration

2025-09-28 CoolPal

Last-Minute Surge in EV Sales as Federal Tax Credit Nears Expiration A significant federal tax credit for electric vehicles (EVs) is set to expire this Tuesday, triggering a frantic last-minute buying spree across the nation, with Southern California experiencing a notable spike in demand. Consumers are flocking to dealerships and auto shows to secure incentives offering up to $7,500 off new EVs and $4,000 off used models before the benefit, tied to a new Trump administration policy, concludes. The rush…

Urgent: Federal EV Tax Credits Expire September 30 – Act Now!

2025-07-05 CoolPal

Urgent: Federal EV Tax Credits Expire September 30 – Act Now! Consumers considering an electric vehicle purchase face a critical deadline: the popular $7,500 federal tax credit for new EVs will officially end on September 30, 2025. This abrupt termination comes as a direct result of President Donald Trump’s recently passed “One Big Beautiful Bill,” which includes sweeping changes to clean energy incentives. With less than three months remaining until the September 30 deadline, prospective EV buyers must act quickly…

Federal EV Tax Credits Set to Expire Sept. 30: What Buyers Need to Know Now

2025-07-04 CoolPal

Federal EV Tax Credits Set to Expire Sept. 30: What Buyers Need to Know Now Prospective electric vehicle (EV) buyers have a crucial deadline approaching: federal tax incentives for EVs will officially end on September 30. This change follows a significant tax and spending bill recently passed by Congress, which terminated the previous federal tax credits of up to $7,500 for new EVs and $4,000 for used models. While the elimination of these credits is expected to impact affordability, particularly…

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