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You Now Can Apply Federal EV Tax Credits as Downpayment

You Now Can Apply Federal EV Tax Credits as Downpayment

One of the benefits of buying an EV is the potential to earn state and federal incentives — including up to $7,500 in tax credits from the IRS. On the down side, the Inflation Reduction Act reduced the number of models qualifying for the federal giveback — but new guidelines mean that, if your EV does qualify, you now get your rebate instantly, rather than waiting until you file your annual taxes.

Rumor Mill: Toyota May Have a GR Version of the Prius in the Works

Rumor Mill: Toyota May Have a GR Version of the Prius in the Works

As the world’s first high-volume gas-electric hybrid, Toyota showed how far you could stretch a gallon of gas. But, with last year’s launch of the fifth-generation Prius, the automaker also shows that hybrids can be not only attractive but fun to drive. Might the Japanese giant be ready to take the fun factor to new levels? That’s a distinct possibility, rumors from Japan suggesting it has a GR edition in the works.

First Look: 2024 BMW X2

First Look: 2024 BMW X2

It was way back in March when BMW first teased the launch of the second-generation X2, the most recent addition to its lineup of Sport Activity Vehicles. While its not set to make its formal debut at the Japan Mobility Show in Tokyo later this month, the Bavarian automaker is pulling the wraps off the 2024 BMW X2 ahead of time.