New Tax Credit Requirements to Limit Qualified Electric Vehicles for Tax Breaks

Beginning April 18, a new set of requirements that qualify certain electric vehicles for tax credits are set to change. Cheddar News reporter Chloe Aiello talks a change in tax code and what Americans purchasing EVs can expect. "The bill also requires eligible vehicles to be assembled in North America, which Reuters reported, eliminates about 70 percent of EVs currently on the market," she said.

More In Business

Stocks Surge as Fed Soft Landing Sparks Retail Investor Seismic Shift

Stocks hit record highs as inflation and interest rates fall, suggesting a soft landing for the Fed. However, low consumer confidence raises concerns.

Big Business This Week: Turbulence for Boeing, Elon, Visa, Shipping

But in general things are going good!

How Build In Tulsa Is Helping Its City’s Entrepreneurs Thrive

Desiree Freison, Build In Tulsa’s Director of Programming, talks about helping the city's business ecosystem. Sponsored by Build In Tulsa

Build In Tulsa’s Impact on Women in Business

CEO of Amplify for Women Carlisha Williams Bradley talks about her experience with Build In Tulsa’s W.E. Build program. Sponsored by Build In Tulsa

Why Tulsa, Oklahoma Might be the Next Big City

Ashli Sims, Managing Director of Build In Tulsa, discusses how the organization is creating an equitable economy in Tulsa. Sponsored by Build In Tulsa

Disneyland’s Iconic It’s a Small World Ride Is Closing for Months

Disneyland announced that one of its long-standing fan-favorite rides will undergo two lengthy closures in the coming months.

Is Caroline Ellison's Sentencing the End of the FTX Scandal?

Oliver Linch, CEO of Bittrex Global, joins Cheddar to breakdown what happened to Caroline Ellison and discusses the future of cryptocurrency. Watch!

Rapper Common Partners with T-Mobile to Bridge the Digital Divide

PLUS: The Oscar, Grammy, and Emmy winner shares the lyric that inspired him most.

Was There a Palace Coup at the Magic Kingdom? Inside the Bob Iger, Bob Chapek Shake-up

James Stewart joins Cheddar to discuss his New York Times article on what really went on behind-the-scenes at Disney when Bob Iger took back his spot as CEO.

United Arab Emirates: Dubai’s Tourist Surge Hits 9.31M with D33 Goals

Dubai welcomed 9.31 million international tourists this year, a 9% increase. The 'D33' Agenda aims to double GDP by 2033 through innovative projects.

Load More