Trump’s war on electric cars has only just begun
Just to start out: the federal EV tax credit is still alive and kicking. It was not eliminated by the stroke of Donald Trump’s pen because it can’t be. The tax credit — $7,500 for a new EV, $4,500 for a used one — was passed by Congress as part of the Inflation Reduction Act, and it would take another act of Congress to do away with it.
Trump is taking aim at electric vehicles. He may not have the power to change things all that much
President Donald Trump took aim at federal and state support for electric vehicles on his first day in office. But it’s not clear he has the power he’s claimed on the topic.
What’s next for electric vehicles under President Trump, AP Explains
President Donald Trump signed an executive order Monday promising to eliminate what he incorrectly labels the electric vehicle mandate imposed under former President Joe Biden.
How Trump's executive order will impact electric vehicle market
President Trump's executive order on electric vehicles could end subsidies and programs that promoted that aspect of the car market. Joann Muller, a transportation correspondent at Axios, joins CBS News with more.
Trump signs executive order to reverse Biden’s electric vehicle policies
He also signaled his intention to rollback tailpipe emission standards, which will worsen greenhouse gas emissions.
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Ford Will Be Crippled by End of EV Tax Credit
Ford Motor Co. (NYSE: F) said its investment in electric vehicles (EVs) would reach $30 billion. However, new federal rules ...
Here Are The EVs Which Could Lose $7,500 EV Tax Credit Under Trump Administration
Customers in the U.S. looking to purchase an electric vehicle can get $7500 federal EV tax credit for several models ...
Electric vehicle tax credits face uncertainty under Trump administration
President Trump signed an executive order to undo Biden-era electric vehicle policies, creating uncertainty for the $7,500 ...
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US Treasury and IRS Unveil Proposed Regulations for Commercial EV Tax Credit, Sparking Questions on Recapture Provisions
On January 10, the US Treasury Department (Treasury) and the US Internal Revenue Service (IRS) released proposed regulations under Section 45W of ...
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All the Electric Vehicles That Qualify for the EV Tax Credit in 2025
Although the incoming administration vowed to end the EV incentives, buyers can still benefit, and these are all the EVs that ...
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America Still Has EV Tax Credits, But Canada Ended Its Incentives
We've known for some time now that President Trump and his incoming administration are looking to gut America's EV tax credit ...
Trump's Plan To Revoke $7,500 EV Tax Credit Is A 'Huge' Negative For Tesla, Says Gary Black, Downplays Impact On Rivals
The removal of the $7500 federal tax credit on the purchase of electric vehicles will effectively raise the price of Tesla Inc vehicles in the U.S. as compared to its peers and pose a huge negative ...
Korean EVs now qualify for the $7,500 federal tax credit - but it may be too late
The Korean automotive group's models that qualify for the credit include the Kia EV6, Kia EV9, Genesis GV70, Hyundai Ioniq 5, ...
Could Trump policy flip unplug South Bend area EV plant?
President Trump rescinded goals set by the Biden administration for the production of EVs. Here's what we know about its ...
Tesla stock falls as Trump ends EV mandate, looks to eliminate subsidies
Piper Sandler analyst Alexander Potter on Monday raised his price target on Tesla stock to $500 from $315, citing his belief ...
Trump revokes Biden 50% EV target, freezes unspent charging funds
U.S. President Donald Trump on Monday took aim at electric vehicles, revoking a 2021 executive order signed by his ...