The federal $7,500 EV tax credit expired at the end of September 2025. The credit is no longer available for new electric vehicle purchases at the federal level, though it has been replaced in some areas by various state-level and local utility rebates.
The $7,500 Tax Credit Ends September 30
The federal tax credit of up to $7,500 for qualifying new EVs is set to expire September 30, 2025.
The Kia Niro is the UK's most stolen EV, with 199 reported thefts to the DVLA in 2023 alone. This represents around a fifth (21.37%) of all EVs stolen for the year and an almost fivefold increase from 2022, when the figure stood at just 36.
TLDR: Thinking of flipping a vehicle we bought that qualifies for the $7500 credit for and purchasing a second vehicle that also qualifies for the $7500 credit. Thx! There is no limit on the number of times you take the credit in a year (tax liability not withstanding).
The best electric car brands stand out for their charging reliability, driving range, and software. Top overall brands include Tesla for its unbeatable charging network, Hyundai/Kia for value and fast charging, BMW for luxury, and Rivian for adventure vehicles.
The Tesla Model Y is the undisputed best-selling electric vehicle globally and in Canada. It is closely followed by the Tesla Model 3. Competitors like the BYD Seagull and Volkswagen ID.4 also post massive numbers globally, while the Chevrolet Equinox EV is surging in Canadian sales.
You're likely to pay more up front and lose more on resale with a new EV in 2026, but you also spend far less to power and maintain it. For many drivers, those savings still outweigh the higher purchase price over a normal ownership period.
Yes, electric vehicles (EVs) generally depreciate faster than gas-powered cars. Over a five-year period, EVs can lose around 50% to 60% of their original value, compared to an industry average of around 46% for all vehicles combined.
Keyless Theft (Relay Attacks)
Here's how it works: A thief stands near your house with a relay transmitter to capture your fob's signal. Another thief stands by your car with a receiver. The car thinks the key is nearby and unlocks.
Enhanced Premium Tax Credits are ending on December 31, 2025, and Congress has not acted to extend them. As a result, some people may see a reduced tax credit for their 2026 monthly premiums, and others may no longer qualify for a tax credit at all.
The eligible vehicles are:
Electric car batteries typically last 15 to 20 years in normal, everyday use. Instead of suddenly dying, they experience a very slow, gradual loss of driving range over time (usually around 1.8% per year).
Rising Tesla insurance rates have pushed drivers toward other EVs, and a survey found that Elon Musk became a top reason drivers were getting rid of their Teslas in 2023 — yet most of those drivers still chose to stay electric.
The Porsche Taycan and the Tesla Model 3 hold their value best, retaining significantly higher percentages of their original MSRPs than the electric vehicle average. Compact EVs like the Fiat 500e and the MINI Cooper SE also show remarkable long-term value retention.
Can someone unplug my electric car? Unplugging someone's car is usually impossible in practice, there are locking mechanisms in the car-side Type 2 socket and some Type 1 sockets.
The least stolen cars are ones with bright colours such as orange, green, yellow, and pink. This is because they're uncommon, easy to notice, and hard to sell. Car thieves tend to go for vehicles in common colours, such as white, grey, and black. This is because they have a higher demand, making them easy to sell.
While ZipRecruiter is seeing annual salaries as high as $57,500 and as low as $11,000, the majority of Tesla Sales salaries currently range between $28,000 (25th percentile) to $52,500 (75th percentile) with top earners (90th percentile) making $56,000 annually across the United States.
Yes, you should buy a Tesla in 2026 if you prioritize electric range, a seamless charging network, and advanced software. However, it is only a good investment if you have reliable home charging and are willing to accept fast depreciation and a learning curve for software-driven controls.
China-based BYD is Tesla's biggest global competitor, having officially surpassed Tesla in global electric vehicle (EV) sales. In the North American market, Hyundai and its sister brand Kia are considered Tesla's largest localized rivals, as they currently hold the highest non-Tesla EV market share in the United States and Canada.
Electric cars present notable drawbacks, including higher upfront purchase prices, accelerated depreciation, and time-consuming public charging. Furthermore, cold weather significantly reduces battery range, and battery replacement or repairs after warranties expire can result in exorbitant out-of-pocket expenses.
Among the most promising options for replacing electric cars are hydrogen-based and biofuel-based propulsion systems. Both approaches have unique features and significant benefits that could transform the future of mobility, but they also have drawbacks.