Customers in the U.S. looking to purchase an electric vehicle can get $7500 federal EV tax credit for several models including from Tesla Inc, Ford Motor Co, and more. However, new President Donald Trump on Monday said that his administration would consider ending tax credits,

Although the incoming administration vowed to end the EV incentives, buyers can still benefit, and these are all the EVs that qualify for a tax credit in 2025

Elimination of the EV tax credit will hit Ford hard. It depends on the tax credit because it loses money on each electric vehicle it sells.

A s Ford began its electric vehicle roll-out in the U.S., it had some ambitious plans for how sales would go. It put some significant requirements in place for dealers to get new