Trump’s war on electric cars has only just begun
Just to start out: the federal EV tax credit is still alive and kicking. It was not eliminated by the stroke of Donald Trump’s pen because it can’t be. The tax credit — $7,500 for a new EV, $4,500 for a used one — was passed by Congress as part of the Inflation Reduction Act (IRA), and it would take another act of Congress to do away with it.
President Trump is clear about his opposition to “unfair” EV incentives. Tesla and General Motors stand to bear the brunt if the federal EV tax credit is eliminated.
The National Highway Traffic Safety Administration said on Wednesday that General Motors is recalling about 2,890 Chevrolet ...
Americans bought 1.3 million electric vehicles in 2024, a new record. A late sales surge helped, as EV sales spiked 15.2% ...
A big fish drops off the list of EVs for budget-conscious shoppers, following a year of tariff-related delays and a ...
Cox Automotive said December saw a record volume of buyers pay more than $80,000 for a new car, pushing the overall ...
Sales of EVs, which are more expensive than ICE vehicles, are still highly dependent upon incentives. EV sales plunged by ...
Chinese electric vehicle (EV) makers BYD , Geely and SAIC have challenged the EU's import tariffs at the Court of Justice of the European Union (CJEU), filings on the court's website showed on ...
Electric car sales in Germany plummeted by 39pc last month as the withdrawal of government tax breaks triggered a collapse in ...
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EV owners explain what made them decide to switch to an electric car: 'It's so cheap, it's stupid'"The carbon guilt was getting to us." EV owners explain what made them decide to switch to an electric car: 'It's so cheap, ...
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