Newsom says California will intervene if Trump kills $7,500 EV tax credit
California Gov. Gavin Newsom (D) said Monday the state of California will intervene if President-elect Trump eliminates the electric vehicle tax credit passed under President Biden. “Consumers continue to prove the skeptics wrong – zero-emission vehicles are here to stay,
Will Trump’s plan to kill the EV tax credit help China?
As the incoming Trump administration prepares to make aggressive cuts to government spending, one major provision of the landmark Inflation Reduction Act appears to be on the chopping block: the consumer tax credit for purchasing an electric vehicle.
Shares of electric vehicle dropped following a report that President-elect Donald Trump's transition team plans to kill the ...
Ending the tax credit could have grave implications for an already stalling U.S. EV transition. And yet representatives ...
The upcoming administration's desire to slow electric vehicle adoption could in turn increase the already astronomical amount ...
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