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California will act if Trump kills $7,500 EV tax credit
Auto industry’s shift toward EVs is expected to go on despite Trump threat to kill tax credits
Trump condemned the federal tax for EV buyers — up to $7,500 per vehicle — as part of a “green new scam” that would devastate the auto industry.
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.
The death of the EV tax credit could stifle EV demand and increase gas consumption
The upcoming administration's desire to slow electric vehicle adoption could in turn increase the already astronomical amount of gasoline the U.S. uses
Austin American-Statesman
1h
Trump plans to kill EV tax credit, Reuters reports
Shares of electric vehicle dropped following a report that President-elect Donald Trump's transition team plans to kill the ...
8h
Tesla would likely be excluded from new California EV tax credits, governor's office says
Tesla's electric vehicles likely would not qualify for California's new state tax credits under a proposal in the works if ...
1d
on MSN
Gavin Newsom threatens intervention if Trump kills Biden's $7.5K EV tax credit
Gov. Gavin Newsom revealed that he would offer Californians a $7,500 tax credit for electric vehicles if President-elect ...
Columbus Dispatch
22h
Trump's transition team aims to kill Biden EV tax credit, sources say
Ending the
tax
credit
could have grave implications for an already stalling U.S.
EV
transition. And yet representatives ...
15h
on MSN
Newsom Vows to Offer EV Rebates if Trump Cuts $7,500 Federal Tax Credit
The governor’s office says Tesla may not be eligible for the rebate program, citing an effort to encourage market competition ...
2h
on MSN
California Governor Pledges to Keep EV Tax Credits If Feds Axe Program
Even if the Trump Administration eliminates federal subsidies, Governor Newsom says California will remain an EV-friendly ...
20h
on MSN
Newsom says California to offer EV subsidies if Trump kills federal tax credit
California will seek to relaunch subsidies of electric vehicles if Republicans in Washington follow through on repealing a $7 ...
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