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.
What the Trump administration means for electric vehicles in Mass.
Massachusetts has yet to award any of the money it received under former President Biden to build electric vehicle charging stations, according to analysis by the Boston Globe. President Trump's administration wants to take that money back,
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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 ...
Trump's Plan To End $7,500 EV Tax Credits Could Be 'Devastating' For Telsa Rivals, Poll Says Could Be Bullish For Elon Musk's Company
An executive order signed by President Donald Trump put an emphasis on ending electric vehicle plans put in place by former ...
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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 ...
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 ...
Trump is ending EV subsidies. What happens next?
Trump indicated he is likely to seek to repeal a $7,500 tax credit for new EV purchases approved by Congress as part of Biden ...
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, ...
Trump’s order to end EV subsidies draws pushback and doubt
Automakers and even some Republicans may fight to preserve funds, and environmental activists will likely sue, but some ...
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Uncertainty over electric vehicle tax credits cloud future of Maryland's environment goals
THE STATE CURRENTLY OFFERS A VARIETY OF INCENTIVES TO GO ELECTRIC, WHICH INCLUDES REBATES, TAX INCENTIVES AND GRANTS. THEY LEARNED UNDER THIS CLOUD OF UNCERTAINTY THAT MARYLAND’S ZERO EMISSIONS PLAN, ...
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 ...