It could be the end of the road soon for a key tax credit that provides up to $7,500 to buyers of electric vehicles — and one forecasting firm is offering an estimate for when it might run out.

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.

California is prepared to offer state tax rebates for electric vehicle purchases if the incoming Trump administration scuttles the federal EV tax credit, the governor said.

Trump’s new government efficiency maven said just this summer that all subsidies for electric vehicles should be cut

California's rebate program for zero-emission vehicles might be coming back after it was phased out last year if President-elect Donald Trump and Congress look to repeal the federal tax credit for those who buy new electric vehicles.

Governor Gavin Newsom has announced plans to revive California's electric vehicle (EV) rebate program if the incoming Trump administration eliminates the federal $7,500 EV tax credit. The move would position California as a safety net for clean energy consumers,

Governor Gavin Newsom is promising to continue the electric vehicle rebate program in California, but his new proposal could exclude Tesla through a market share cap.

Douglas McIntyre discusses California’s Governor Gavin Newsom’s plan to maintain a $7,500 EV tax credit if the Trump administration eliminates it. However, Newsom aims to exclude Tesla, which dominates the EV market,

Tax credits or not, auto companies show no intention of retreating from a transition away from gas-burning cars and trucks after spending $160B on EV plans and ideas