February 6, 2025
Automotive

Trump Set to Eliminate EV Tax Credit: 7 Electric Cars to Buy Before It’s Gone

With President-elect Donald Trump poised to return to the White House, concerns are mounting in the electric vehicle (EV) industry, given his past opposition to EVs and his administration’s stance on technology. His transition team is reportedly planning to eliminate the $7,500 tax credit for electric vehicle purchases, which could significantly impact EV sales. The […]

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Finance

Trump’s Transition Team Targets Biden’s EV Tax Credit: A Report

As President-elect Donald Trump’s transition team prepares for a second term, one of their key targets is the $7,500 electric vehicle (EV) tax credit introduced under President Biden’s Inflation Reduction Act (IRA). According to recent reports, the transition team is planning to eliminate this incentive as part of a broader tax reform initiative. This marks […]

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