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Trump Plans to Eliminate EV Tax Credit
Trump killing the EV tax credit would hurt Tesla but be catastrophic for Elon Musk’s competition, analysts say
President-elect Donald Trump will reportedly cut the EV tax credit when he takes office in January, but contrary to popular belief, Wedbush analysts say the move could actually benefit Trump’s “first buddy,
EV companies, battery makers urge Trump not to kill vehicle tax credits
A group representing major electric vehicle and battery manufacturers on Friday urged President-elect Donald Trump not to kill tax credits for electric vehicle sales and production, citing the impact on key states that voted for the Republican.
If Trump kills the EV tax credit, what happens if you buy an EV in early 2025?
At this point, many buyers are taking advantage of the credits at dealerships when they buy a car. In the past, they had to wait to claim it on their taxes the following year. Now, there’s the option of transferring their credit to the dealer and getting an instant rebate.
2h
Why Elon Musk’s Plan to Reinvent EV Batteries Was Dissed by a Chinese Battery Leader
Inside Tesla a team has been feverishly working to reinvent the power cells that make EVs work. The founder of the world’s ...
AOL
11h
Trump may end the $7,500 EV tax credit. Elon Musk and Tesla would reap the rewards
While the US tax credit goes to
EV
buyers, not to the automakers themselves, it allows higher pricing for EVs as they ...
18m
on MSN
Granholm warns that cutting EV tax credits would be ‘ceding’ to China
Energy Secretary Jennifer Granholm warned Friday that President-elect Trump’s reported plans to cut consumer subsidies for ...
5h
on MSN
GM Cuts Another 1,000 Jobs As EV Push Continues
General Motors has cut 1,000 jobs, according to a person familiar with the reductions, marking the latest effort by the ...
5h
on MSN
EV Sales Down 25% In Australia As Buyers Choose Hybrids
Removal of rebates is being blamed for EVs only accounting for 6.5 percent of the market in Q3, down from 8.1 percent ...
6h
Washington state still grappling with ongoing EV charging challenges
Although Initiative 2117 repealing the state’s cap-and-trade program was rejected by Washington voters earlier this month, ...
7h
EV Drivers In Australia Are Being Deployed For Natural Disaster Help
The trial volunteer program will run across New South Wales, Victoria, Queensland and the Australian Capital Territory from ...
Green Car Reports
7h
Next-gen Jaguar EV prototype teased
All three new Jaguar EVs will get North American Charging Standard (NACS) ports for Tesla Supercharger access, and will be ...
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