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Trump Plans to Eliminate EV Tax Credit
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 biggest battery maker said the effort was doomed to fail.
Trump may end the $7,500 EV tax credit. Elon Musk and Tesla would reap the rewards
The $7,500 tax credit for buyers of electric vehicles could be vanishing early in the new Trump administration, but that might actually be good news for Tesla and its CEO Elon Musk, one of President-elect Donald Trump’s most prominent backers.
What Happens If Trump Blows Up The EV Tax Credit
The federal EV tax credit —known as 30D among policy wonks—has been around in one form or another since the George W. Bush administration. The current version, passed as part of the Inflation Reduction Act in 2022, provides an up-to-$7,500 upfront discount for the purchase of eligible electric and plug-in hybrid vehicles.
14h
Rescinding US EV tax credit would cede ground to China, Granholm says
Cancelling the U.S. electric vehicle tax credit would be counterproductive and cede ground to car-makers in China, U.S.
13h
on MSN
Trump administration prepares to end Biden’s EV tax incentive, report says
Despite the expected hit to EV sales, Trump’s plan to end the incentive has received the blessings of representatives from ...
3h
As GM announces more layoffs, auto expert sees possible shift from EV production
Jan Griffiths, an automotive industry expert and founder of Gravitas Detroit, a company that works with the auto industry on ...
10h
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 ...
10h
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 ...
12h
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, ...
2h
GM cutting another 1,000 jobs despite growing profits. Here's why
GM isn't alone in cutting personnel this year. Legacy automakers and startups have taken similar measures as markets, ...
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