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 ...
Tax credits or not, auto companies show no intention of retreating from a transition away from gas-burning cars and trucks ...
You might think Elon Musk, CEO of Tesla, would be all about tax credits for people buying EVs, but he is in fact a huge ...
President Trump and the upcoming Republican-controlled Congress will likely ease regulations around EVs and fuel economy, and ...
Trump team reaches deal with White House to begin transition process Stunning Side-By-Side Photos of Royal Outfits That Were ...
EV and hybrid sales are steadily increasing in the US, reaching an all-time high in Q3 2024, according to the US EIA.
Former President Trump has made it known that he intends to wipe out this credit, which will be a loss of up to $7,500. Below are some of the best EVs you can purchase before the end of the year to ...
Auto industry execs, fasten your seatbelts. If President-elect Donald Trump and his team repeal the $7,500 federal tax credit for EVs, as reported, the fallout will be massive. The Biden ...
However, proponents of the tax credit, such as Energy Secretary Jennifer Granholm – and those advocating for the switch to EVs – say its elimination would result in the U.S. being less ...