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Tag Archives: electric

How Do Electric Vehicle Tax Credits Work?

Nora Carol PhotographyGetty Images Beginning in 2010, the federal government implemented a program that offers up to $ 7500 in tax credits to purchasers of electric vehicles. The purpose of the program is to incentivize people to buy more fuel-efficient vehicles by bringing the price of EVs down closer to …

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Ford Reveals Mustang Cobra Jet 1400 Electric Dragster

Ford has revealed a new factory dragster from its performance division that wears the automaker’s traditional Cobra Jet name but this time is all-electric. The Mustang Cobra Jet 1400 is a prototype that makes 1400 horsepower and offers up 1100 lb-ft of “instant torque.” Ford intends to present the car …

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