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 (IRA), and it would take another act of Congress to do away with it.
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8 Electric Cars To Avoid BuyingElectric vehicle (EV) technology is still very much in its infancy. Despite it only being a couple of decades since the push ...
President Trump is clear about his opposition to “unfair” EV incentives. Tesla and General Motors stand to bear the brunt if the federal EV tax credit is eliminated.
Americans bought 1.3 million electric vehicles in 2024, a new record. A late sales surge helped, as EV sales spiked 15.2% ...
Cox Automotive said December saw a record volume of buyers pay more than $80,000 for a new car, pushing the overall ...
Chinese electric vehicle (EV) makers BYD , Geely and SAIC have challenged the EU's import tariffs at the Court of Justice of the European Union (CJEU), filings on the court's website showed on ...
Trump’s new executive order ending the EV mandate could give companies more leeway in the EV transition, but it is not ...
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