Trump indicated he is likely to seek to repeal a $7,500 tax credit for new EV purchases approved by Congress as part of Biden ...
The list of EVs that qualify for a $7,500 federal tax break has been cut to just 15 to start the new year, but the rules ...
President Donald Trump took aim at federal and state support for electric vehicles on his first day in office. But it’s not ...
The news comes after Toyota unveiled its new Urban Cruiser electric SUV last month, an unofficial successor to the ...
In executive orders, Trump immediately targeted electric vehicles. It's unclear what he can even do, and the industry is ...
Used EVs also got revised terms that now offer a ... F-150 Lightning (Flash Trim) (2022-2025) $80,000 Up to $7,500 F-150 Lightning (Lariat Trim) (2022-2025) $80,000 Up to $7,500 F-150 Lightning ...
Stay tuned for updates. The 2022 law revised the tax credit for new EVs and PHEVs bought by individuals for personal use. It split the credit in two, with $3,750 awarded for a vehicle’s battery ...
His order is consistent with pledges made on the campaign trail to end a focus on EVs pushed by Biden and other Democrats.