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.
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 ...
One of the best new electric vehicles available today is the Chevy Equinox EV. This versatile SUV is also a tremendous value, leasing for just $239 per month for 24 months with an initial payment of ...
Electric car sales in Germany plummeted by 39pc last month as the withdrawal of government tax breaks triggered a collapse in ...
The best-selling electric vehicle was the Tesla Model Y SUV, with Tesla the top electric car brand despite a sales decline, with a growing number of rivals emerging such as second ...
Nissan has revised production plans for its plant in Canton, Mississippi. It will not be building a compact crossover EV ...
The National Highway Traffic Safety Administration said on Wednesday that General Motors is recalling about 2,890 Chevrolet ...
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