The elimination of the $7,500 tax credit implemented by Biden could limit competition from Tesla’s competitors.
Ohio Senator-elect Bernie Moreno said the $7,500 EV tax credit should be eliminated and instead let the automakers and ...
In December 2017, the average cost to manufacture an EV battery was estimated at roughly $209 per kilowatt-hour (kWh) of ...
This stipulation is making it harder for EVs to qualify for the tax credit. GM confirmed to the Detroit Free Press on Tuesday that the automaker will provide consumers with $7,500 off the price of ...
The $7,500 electric vehicle tax credit the Biden administration introduced under the Inflation Reduction Act (IRA) has been a ...
The upcoming administration's desire to slow electric vehicle adoption could in turn increase the already astronomical amount ...
Automotive experts reveal their thoughts on President-elect Trump reportedly considering a slash to the tax credit for ...
All EVs, though, can receive the full credit toward a lease — a benefit that Trump likely will target. Some plug-in ...
GM CFO Paul Jacobson told Wall Street the company has war gamed different scenarios, but doesn't want to overreact.
As the incoming Trump administration prepares to make aggressive cuts to government spending, one major provision of the ...
This idea needs approval from the legislature and the governor's office noted many details are still in the works ...
It could make the difference between buying and not buying an electric car—so it's key to which vehicles are eligible for the tax credit for EVs in 2024. Plus, as automakers launch new models ...