Thinking of an electric vehicle? You’ve only got a week left before federal tax credits end, or you’ll have to pay full price.

The $7,500 tax credit for new electric vehicles and $4,000 credit for used electric vehicles (EV) ends Sept. 30. Steven Hershkowitz is the managing director for clean transportation for the Washington Department of Commerce. He expects the loss of this incentive will hurt EV sales in the short term.

“There is going to be a bit of a drag on the growth rate that we have seen,” Hershkowitz said. “We’ve already seen the market growth slow down in 2024 and into 2025.

Washington got rid of its tax exemption for EVs earlier this year. The legislature and Governor Ferguson are deciding to use those dollars elsewhere, but Herskowitz said the state’s commitment to electri

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