Trump killed EV tax credits that would move American industries
If the Trump administration canceled the Federal Tax Credit EV, it may have a devastating effect on American manufacturing, warning a new study. The study produced by The Recept Project, the Brenston University group that analyzes environmental policy, has found that killing tax credit of $ 7,500 would reduce the demand for EV, as well […]
Tesla and two other brands benefit the most from tax breaks for electric vehicles
The latest JD Power data indicates that tax credits are the most motivating for people to buy Volkswagen, Chevrolet, and Tesla EVs. Hyundai, Kia, and Toyota EV buyers were among the least motivated to use electric vehicles on tax credits alone. The loss of credits is widely expected to hurt U.S. electric vehicle sales at […]