Tax Credits, Trump

Tesla, Two Other Brands' EV Sales Are Most Driven By Tax Credits
"Among all EV purchase drivers, tax credits and incentive programs are the most frequently selected reason for purchase among Volkswagen (81%), Chevrolet (77%) and Tesla (72%) buyers," the study said. The report was based on a survey of new car buyers but interestingly does not include Tesla Cybertruck, Polestar, and Rivian owners.
California to Extend EV Tax Credits if Trump Does Away with Them
California Governor Gavin Newsom announced that the state plans to offer up to $7,500 in tax credits to eligible
There’s a ‘real risk’ Trump could axe the $7,500 electric vehicle tax credit in 2025 — 3 reasons to act now
The $7,500 electric vehicle tax credit the Biden administration introduced under the Inflation Reduction Act (IRA) has been a game-changer for American drivers seeking affordable entry into the clean energy revolution.
EV tax credits could soon vanish. Is now the time to buy?
California plans to blunt any GOP efforts to scrap U.S. tax rebates for electric vehicles. But with uncertainty ahead, experts say current savings may not last.
'Not trivial': EV sales could drop nearly 30% if Trump repeals tax credit
For the automotive industry, reports that President-elect Donald Trump and his team are looking to repeal the $7,500 federal tax credit are not surprising. However, the effect of a potential repeal could be massive for automakers betting on EVs being the future.
Get the Facts: Would Tesla be excluded from California's EV tax credit and is it politically motivated?
This idea needs approval from the legislature and the governor's office noted many details are still in the works
Tesla would likely be excluded from new California EV tax credits, governor's office says
Tesla's electric vehicles likely would not qualify for California's new state tax credits under a proposal in the works if President-elect Donald Trump scraps the federal tax credit for EV purchases,
California could keep the $7,500 EV credit alive if Trump kills the cost-saving measure, Newsom says
California Gov. Gavin Newsom announced Monday he will provide $7,500 electric vehicle rebates for his state if President-elect Donald Trump and congressional Republicans dismantle the federal credit – one of several consumer cost-saving measures in President Joe Biden’s climate bill.
Trump plans to kill federal electric vehicle tax credit. California could replace it
California lawmakers, worried electric vehicle sales will lose traction if President-elect Donald Trump kills a federal tax credit, are considering replacing that credit with a new state incentive.
Killing Of The Federal EV Tax Credit Could Significantly Shift EV Adoption
The instant removal of tax credits could have serious consequences on EV sales, but in the long run, it could not matter at all.
California EV rebate plan takes aim at Trump’s tax credit cuts
Governor Gavin Newsom has announced plans to revive California's electric vehicle (EV) rebate program if the incoming Trump administration eliminates the federal $7,500 EV tax credit. The move would position California as a safety net for clean energy consumers,
EV tax credit is 'catastrophically stupid,' says incoming Ohio Senator and 'car czar' Bernie Moreno
Ohio Senator-elect Bernie Moreno said the $7,500 EV tax credit should be eliminated and instead let the automakers and ...
The death of the EV tax credit could stifle EV demand and increase gas consumption
The upcoming administration's desire to slow electric vehicle adoption could in turn increase the already astronomical amount ...
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Trump is set to end the EV tax credit. Here are 7 electric cars to buy before it goes away
The 2024-2025 Equinox electric SUV is the last Chevrolet vehicle that can qualify for the $7,500 tax credit. The Equinox ...
Auto industry's shift toward EVs is expected to go on despite Trump threat to kill tax credits
All EVs, though, can receive the full credit toward a lease — a benefit that Trump likely will target. Some plug-in ...