$7,500 EV tax credit is on Trump’s chopping block

Why Musk supports Trump getting rid of EV tax credits
Elon Musk has said ending tax credits of up to $7,500 for electric vehicle purchases would "devastate" Tesla's competitors.
The $7,500 EV tax credit is on Trump’s chopping block
Republicans have long opposed the $7,500 federal tax credit for electric vehicles contained in the Inflation Reduction Act. Now, it seems President-elect
Exclusive-Trump's transition team aims to kill Biden EV tax credit
President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters.
Donald Trump Deals a Blow to EV Tax Credits
Good morning. Automakers slump amid Donald Trump’s plans to repeal an electric vehicle subsidy. ESG investing is entering rough seas. And a missing Patek Philippe owned by John Lennon is headed back to its rightful owner: Yoko Ono.
EV makers slide on report Trump wants to scrap EV tax credit
Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of broader tax reform legislation, Reuters reported.
Trump team puts EV tax credit on the block, Tesla is on board: Report
Some electric vehicles and plug-in hybrids are set to get less affordable from next year, it seems. As expected, the incoming Trump administration has set its sights on killing off the IRS clean vehicle tax credit, according to a report in Reuters this afternoon.
Rivian, Tesla Slide on Report Trump Plans to Nix EV Tax Credit
Shares of US automakers fell after Reuters reported President-elect Donald Trump plans to eliminate the $7,500 consumer tax credit for electric-vehicle purchases.
Trump's transition team aims to kill Biden EV tax credit
President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters.
Tesla and Other EV Stocks Drop on Reports Trump Team Plans To Kill Tax Credit
Key Takeaways Shares of Tesla and other electric vehicle makers fell Thursday after a report President-elect Donald Trump and his transition team are planning to end a $7,500 EV tax credit.Tesla told the Trump team that it supports ending the subsidy,
Trump's transition team seeks to abrogate Biden's EV tax credit: Reuters
U.S. President-elect Donald Trump's transition team is aiming to end a tax credit for electric vehicle (EV) purchases, a key element of President Joe Biden's Inflation Reduction Act (IRA), as part of broader tax reform legislation,

EV brand Zeekr to take control of Lynk

Global EV Sales Hit Monthly Record in October

Electrek3h
Kia is teasing a new EV model for the US: Here’s what to expect
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Kia sees near-term market challenges but sticks to 1.6 mln annual EV sales target by 2030
South Korean car maker Kia expects challenging market conditions in the near term due in part to governments' policies but ...
Musk gains vast new EV power — and scrutiny
One sign of Musk’s new influence over the trajectory of EVs was apparent Wednesday. Auto consulting firms contacted for this ...
TechRadar5h
Don’t buy an EV until 2026, new report suggests – they’re about to get much cheaper
It goes on to state that nearly 280,000 EV leases will end in the next two years in the United States, but thanks to the ...
Got Solar, An EV And Net Metering? Here’s Your Best Price Plan
When you have solar, you still pick a pricing plan for your electric utility. Here's some hints about how to do that. In ...
Forget about EV range—and focus on this instead
The answer will help define the EV market’s future. In the short term, EV customer satisfaction will be higher if the metrics ...
Green Car Reports6h
Study: 57% EV in 10 years requires "strategic reset" from automakers
Nearly 3 of 5 Americans see themselves switching to an EV within 10 years, according to a new study, but it may take a ...
Hosted on MSN9h
Foxconn sees robust AI server demand, delays EV target
It did not provide a numerical guidance. Foxconn, which has been expanding into contract electric vehicle manufacturing for ...