Category: tax credit

Maryland is already out of EV tax credits for 2019

[ad_1] The fact that the state burned through the funds so quickly speaks to the growing popularity of EVs and plug-in hybrids. The number of EVs registered in Maryland reportedly doubled from 2017 to 2018, and it reached more than 18,000 in February. Maryland has a goal to register 300,000 EVs by 2025, and it […]

Trump’s 2020 budget proposal cuts the EV tax credit

[ad_1] Before you rush out to buy a plug-in car to score the incentive before it disappears, know that it’s unlikely the proposed budget will pass through Congress. With the House of Representatives currently ruled by a Democratic majority, any Trump proposal is likely to face stiff opposition. Automakers have been lobbying Congress to extend […]