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Trump Plans to Eliminate EV Tax Credit
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.
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
Trump team puts EV tax credit on the block, Tesla is on board: Report
Some electric vehicles and plug-in hybrids are set to get less affordable from next year, it seems. As expected, the incoming Trump administration has set its sights on killing off the IRS clean vehicle tax credit, according to a report in Reuters this afternoon.
EV brand Zeekr to take control of Lynk
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 - the first big restructuring move in a planned overhaul for the sprawling automotive group.
Chinese EV reset: ZEEKR to take control of Lynk as it looks to be a major player
China's Geely said electric vehicle maker ZEEKR Intelligent Technology (NYSE:ZK) plans to take control of Lynk & Co as the first big restructuring move in a major reset of the holding company's automotive group.
Geely said to integrate Zeekr, Lynk & CO brands to streamline costs
Geely Geely said to integrate Zeekr, Lynk & CO brands to streamline costs. Share. Expand. Zeekr 001 EVs at a plant in Zhejiang province in China. (Zeekr)
7h
Why Delaying An EV Purchase To 2025 Could Cost You Thousands Of Dollars
Currently, buyers of a new EV get a $7,500 tax credit and $4,000 for a used model, but that all could change in 2025. Here's ...
23m
on MSN
Tesla's Chinese EV competitors are racing to build their own Optimus rivals
EV startup Xpeng unveiled its Iron robot this month, a nearly 6-foot tall robot that the company said was already working in ...
2h
I just tried free EV charging for the first time — here's what happened
What’s really interesting about my experience with free EV charging is that I came upon it by accident while testing the ...
15h
on 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 ...
12h
on MSN
Why Musk supports Trump getting rid of EV tax credits
Well, according to Musk, it would devastate Tesla's rivals. And Tesla wants to keep its strong lead in the US
EV
market, ...
22h
on MSN
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 ...
justthenews
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, ...
8h
on 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 ...
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