Exclusive: Trump's transition team aims to kill Biden EV tax credit
President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters.
Cancelling the U.S. electric vehicle tax credit would be counterproductive and cede ground to car-makers in China, U.S.
On the other hand, proponents of ending the tax credit, including some Republican lawmakers, argue that the market should ...
The tax credit, which has given back up to $7,500 to eligible EV buyers, may disappear under the new administration.
South Korean car maker Kia expects challenging market conditions in the near term due in part to governments' policies but ...
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