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Trump Deals a Blow to EV Tax Credits
EV companies, battery makers urge Trump not to kill vehicle tax credits
A group representing major electric vehicle and battery manufacturers on Friday urged President-elect Donald Trump not to kill tax credits for electric vehicle sales and production, citing the impact on key states that voted for the Republican.
If Trump kills the EV tax credit, what happens if you buy an EV in early 2025?
At this point, many buyers are taking advantage of the credits at dealerships when they buy a car. In the past, they had to wait to claim it on their taxes the following year. Now, there’s the option of transferring their credit to the dealer and getting an instant rebate.
Trump Plans to Repeal $7,500 EV Tax Credit: Here's How He Could Do It
With a Republican-controlled Congress, there is 'definitely a path to repeal,' sources tell PCMag. But that could threaten jobs at EV manufacturing plants in red states.
5h
Why Elon Musk’s Plan to Reinvent EV Batteries Was Dissed by a Chinese Battery Leader
Inside Tesla a team has been feverishly working to reinvent the power cells that make EVs work. The founder of the world’s ...
7h
on MSN
GM Cuts Another 1,000 Jobs As EV Push Continues
General Motors has cut 1,000 jobs, according to a person familiar with the reductions, marking the latest effort by the ...
19h
on MSN
Why Delaying An EV Purchase To 2025 Could Cost You Thousands Of Dollars
Currently, buyers of a new EV get a $7,500 tax credit and $4,000 for a used model, but that all could change in 2025. Here's ...
2h
on MSN
Granholm warns that cutting EV tax credits would be ‘ceding’ to China
Energy Secretary Jennifer Granholm warned Friday that President-elect Trump’s reported plans to cut consumer subsidies for ...
7h
on MSN
EV Sales Down 25% In Australia As Buyers Choose Hybrids
Removal of rebates is being blamed for EVs only accounting for 6.5 percent of the market in Q3, down from 8.1 percent ...
9h
Washington state still grappling with ongoing EV charging challenges
Although Initiative 2117 repealing the state’s cap-and-trade program was rejected by Washington voters earlier this month, ...
10h
EV Drivers In Australia Are Being Deployed For Natural Disaster Help
The trial volunteer program will run across New South Wales, Victoria, Queensland and the Australian Capital Territory from ...
Green Car Reports
10h
Next-gen Jaguar EV prototype teased
All three new Jaguar EVs will get North American Charging Standard (NACS) ports for Tesla Supercharger access, and will be ...
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