Trump's transition team aims to kill Biden EV tax credit

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.
Tesla and Other EV Stocks Drop on Reports Trump Team Plans To Kill Tax Credit
Shares of Tesla and other electric vehicle makers fell Thursday after a report President-elect Donald Trump and his transition team are planning to end a $7,500 EV tax credit.
Trump Plans To Erase EV Tax Credit: Tesla Analyst Says It's 'Net Bullish,' Calls Sell-Off 'Wrong Knee-Jerk Reaction'
Tesla Inc (NASDAQ:TSLA) shares are moving lower Thursday following reports that president-elect Donald Trump plans to get rid of consumer tax credits for EVs. Wedbush analyst Dan Ives believes the cuts are actually net positive for Tesla.
Auto trade group to GOP tax writers: Keep Biden’s EV credits
The Alliance for Automotive Innovation argued that incentives in the Inflation Reduction Act are key to maintaining a “globally competitive American auto
Rivian, Tesla Slide on Report Trump Plans to Nix EV Tax Credit
Shares of US automakers fell after Reuters reported President-elect Donald Trump plans to eliminate the $7,500 consumer tax credit for electric-vehicle purchases.
EV makers slide on report Trump wants to scrap EV tax credit
Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of broader tax reform legislation, Reuters reported.
Trump’s transition team plans to kill Biden’s EV tax credit
President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for EV purchases as part of broader tax-reform legislation.
Exclusive: Stellantis, partner Leapmotor scrap plan to make second EV model in Poland, sources say
Stellantis and its Chinese partner Leapmotor have scrapped a plan to make a second electric vehicle model at the European ...
GlobalData on MSN3d
Stellantis, Leapmotor scrap plans for second EV model in Poland
Poland is one of ten EU member states that supported the EU's decision to impose tariffs of up to 45% on imported ...
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Stellantis aims to improve EV aerodynamics with MGP technology
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Stellantis, Infineon partner on EV power chips
Infineon also struck a deal with Hyundai Motor Company and Kia Corp. last year to build and reserve manufacturing capacity to ...
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EV materials maker in Chattanooga to supply Big 3 automaker Stellantis
A maker of electric vehicle battery materials in Chattanooga has signed an agreement to supply Big 3 automaker Stellantis as ...
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Ford’s EV struggles continue as ‘rapidly deteriorating’ market conditions take a toll
Volkswagen, Nissan, Stellantis, and others have all announced plans to reduce their workforce. Although the company said ...
Why Stellantis' STLA Medium Platform Should Make Range Champ EVs
According to Chief Engineering and Technology Officer at Stellantis, Ned Curic, “the STLA Medium platform’s long-range ...
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Construction begins on EV battery separator facility in Port Colborne, Ont.
The new plant is a part of Ontario’s growing end-to-end EV and battery supply chain, accelerating the production of Ontario-made EVs and creating better jobs with bigger paycheques in the Niagara ...
U.K. Royal Mail pilots Canoo delivery vans, EV reports
Royal Mail, the U.K.’s largest electric fleet operator with 5,000 electric vans, has begun piloting electric delivery vehicles from Canoo ...