Currently, drivers can access a federal tax credit worth up to $7,500 for buying or leasing an electric vehicle. There's a smaller credit for used EVs, too. But the incoming Trump administration has ...
President-elect Donald Trump's transition team is reportedly considering eliminating the up to $7,500 federal tax credit for EV purchases. This potential policy shift, first reported exclusively ...
The Biden administration’s signature climate law, the Inflation Reduction Act, introduced the $7,500 EV tax credit for consumer vehicles and numerous others for commercial EVs and battery ...