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$7,500 EV tax credit is on Trump’s chopping block

Reuters on MSN · 4h

Exclusive-Trump's transition team aims to kill Biden EV tax credit

President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters.

Business Insider · 8h

Why Musk supports Trump getting rid of EV tax credits

Elon Musk has said ending tax credits of up to $7,500 for electric vehicle purchases would "devastate" Tesla's competitors.

TechCrunch on MSN · 9h

The $7,500 EV tax credit is on Trump’s chopping block

Republicans have long opposed the $7,500 federal tax credit for electric vehicles contained in the Inflation Reduction Act (IRA). Now, it seems

Oct. Was a Record–Breaking Month for EV Sales

InsideEVs Global on MSN · 18h

EV And PHEV Sales Set A New Record Last Month

China is again leading the pack with 1.2 million EVs and PHEVs sold last month, a 6% month-over-month increase and a jump of over 50% compared to October 2023. Year-to-date, a whopping 8.4 million electrified vehicles were sold in China, 38% more than last year.

MarketWatch · 1d

Global EV Sales Hit Monthly Record in October on Strong Performance in China -- OPIS

China was responsible for more than 70% of the October sales, with more than 1.2 million EVs being purchased in that country during the month, according to the firm. Chinese EV sales were 6% higher than in September and up more than 50% from the same month last year,

The Enemy of Average on MSN · 1d

October Was a Record–Breaking Month for EV Sales

According to market research firm Rho Motion, electric vehicle (EV) sales reached an all–time high in October. In total, automakers sold more than 1.7 million EV units worldwide last month. That beats the previous record,

11hon MSN

Tesla and Rivian shares were having a good week. Concerns over the future of EV tax credits ended that.

Worries that EV tax credits may go away under the Trump administration hit a fever pitch on Thursday, dragging down the ...

4hon MSN

Toyota exec pushes back on U.S. policies promoting EV adoption

Toyota North America COO, Jack Hollis, called for a market-driven EV transition, saying current policies are misaligned with ...

Why Delaying An EV Purchase To 2025 Could Cost You Thousands Of Dollars

The Biden administration gave new EV buyers in the U.S. a $7,500 tax credit with every purchase of a qualified electric ...

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, ...

15h

In major Geely shake-up, EV brand Zeekr to take control of Lynk

China's Geely said on Thursday its premium electric vehicle maker Zeekr plans to take control of Lynk & Co, a sister brand - ...

8h

Musk gains vast new EV power — and scrutiny

One sign of Musk’s new influence over the trajectory of EVs was apparent Wednesday. Auto consulting firms contacted for this ...

Kia is teasing a new EV model for the US: Here’s what to expect

At least one new Kia EV model will be revealed at next week’s LA Auto Show. Kia is teasing the new EV ahead of the event, ...

Don’t buy an EV until 2026, new report suggests – they’re about to get much cheaper

It goes on to state that nearly 280,000 EV leases will end in the next two years in the United States, but thanks to the ...

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