Among the top candidates for either role is North Dakota Gov. Doug Burgum (R), a billionaire businessman from a top ...

The candidates’ backgrounds and stances on energy reveal why each is being considered in shaping the Trump administration's ...

Electric vehicle stocks are falling Thursday after a report detailed the incoming Trump administration’s plans to axe a tax ...

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.

The EV tax credit repeal is reportedly championed by billionaire oil mogul Harold Hamm, who leads Trump’s energy-policy ...

Ending tax credit would gravely affect electric vehicle transition in US even as it would help Tesla beat competitors.

This proposal is spearheaded by an energy policy team led by billionaire oil tycoon Harold Hamm and North Dakota Governor Doug Burgum. The team argues that rolling back the tax credit will garner ...

WASHINGTON, Nov. 14 (Yonhap) -- U.S. President-elect Donald Trump's transition team is aiming to end a tax credit for ...

Foreign media reported that the U.S. President-elect Donald Trump's transition team is planning to abolish the U.S. inflation reduction law and the IRA-based ...

President-elect Donald Trump aims to repeal the $7,500 electric-vehicle purchase tax credit as part of broader tax reforms. This move, supported by key oil industry figures but opposed by the ...