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.
The two companies will reach an agreement by the end of the quarter as they find new ways to collaborate on electric vehicles.
By any measure, China’s EV growth has been extraordinary — more than half of new cars sold last year were electric. The ...
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 ...
Ferrari’s upcoming EV breaks the silence with a patented sound system mimicking combustion engines. Will it capture the magic ...
Sales of all types of electric vehicles rose more than 40% in China last year while those of gasoline-powered automobiles ...
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The Union Budget 2025 is crucial for India's EV sector, with industry leaders urging simplified GST structures and incentives ...
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