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$7,500 EV tax credit is on Trump’s chopping block
Trump's transition team aims to kill Biden EV tax credit, sources say
Trump campaigned on ending Biden's "EV mandate," without spelling out specific targeted policies. The energy-focused transition team has determined some of Biden's clean-energy policies will be tough to end because they are popular and already funneling money to Republican-dominated states, the sources said.
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 President-elect Donald Trump's transition team has made that a priority with plans to end the tax credit as part of broader tax reform legislation,
EV makers slide on report Trump wants to scrap EV tax credit
Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of broader tax legislation, Reuters reported.
10h
on MSN
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 ...
2d
on MSN
Cheap, pre-owned EVs are about to flood the market. Is that a good thing?
The EV market could get a huge influx of cheaper cars — but not fresh from the factory. In its latest EV intelligence report, ...
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