As of Jan. 1, many Americans will now qualify for a tax credit of up to $7,500 for buying an electric vehicle. The credit, part of changes enacted in the Inflation Reduction Act, is designed to spur EV sales and reduce greenhouse emissions.
As part of the rollout of a huge new climate, tax and healthcare law, the U.S. government is moving forward with its plan to award new tax credits to electric vehicle purchasers.
As Congress and now the Supreme Court stymie the Biden administration’s efforts to curb climate change, one thing the president doesn’t want — sky high gas prices — actually is nibbling away at emissions of heat-trapping gas.
Upgrading from a compact to a midsize SUV doesn’t need to include a third row. Small families and empty nesters who want a bit more versatility can enjoy a midsize crossover’s cabin volume without the need to stow or store unused seats.
This has been a tough year to buy a new or used car in America. With COVID-19 factory shutdowns, semiconductor chip shortages, rising prices and supply chain issues, it’s been nothing but bad news for car shoppers.
Does a little outdoor adventure sound enticing to you? To many Americans it does, as evidenced by crowded national parks and increased demand for trucks and SUVs.