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.
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 ...
Time may be running out for Americans to capitalize on tax incentives created by the Biden administration's Inflation ...
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