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Trump Plans to Eliminate EV Tax Credit
EV shocker: Tesla, GM and Ford may all benefit if the EV tax credit is pulled
President-elect Donald Trump's transition team is planning to push ahead with a plan to kill the $7,500 consumer tax credit for electric vehicle purchases, according to a Reuters reports. Sources have said that representatives of Tesla (NASDAQ:TSLA) told a Trump-transition committee they support ending the subsidy.
Trump Team Plans To Kill EV Tax Credit
President-elect Trump is reportedly moving to repeal the Biden administration's $7,500 consumer tax credit for EVs, likely impacting electric vehicle adoption.
Ford, GM move lower after report of Trump killing EV tax credit
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
GM recalls 462,000 pickup trucks and SUVs
GM to recall nearly 80,000 vehicles over transmission issues, NHTSA says
General Motors will recall 77,824 vehicles as incorrect software in the transmission control module could cause the vehicle to move in an unintended direction, increasing the risk of a crash, the U.S.
GM Recalls Nearly 462,000 Pickup Trucks And SUVs To Fix Transmission Control Valve Issue
General Motors (GM) will recall 461,839 vehicles over an issue with transmission, according to the National Highway Traffic Safety
GM recalls 462,000 pickup trucks and SUVs over transmission issues
A transmission issue in some diesel engine vehicles can cause harsh shifting and rear-wheels to lock, according to documents filed with regulators.
1h
GM self-driving unit Cruise admits to submitting false report, will pay $500,000 fine
General Motors' self-driving car unit, Cruise, admitted on Thursday to submitting a false report to influence a federal ...
15h
Could the GM/Samsung battery plant west of South Bend be derailed by a new administration?
Donald Trump has criticized electric vehicles. What does his election mean for St. Joseph County's GM/Samsung EV battery ...
Yahoo
12h
EV adoption will surge—take it from someone leading a battery tech startup after 17 years at GM
Kelly Blue Book projections suggest that U.S.
EV
sales are on track to hit about 1.3 million in 2024. EVs hit an all-time ...
Electrek
6h
Kia is teasing a new EV model for the US: Here’s what to expect
At least one new Kia EV model will be revealed at next week’s LA Auto Show. Kia is teasing the new EV ahead of the event, ...
2d
GM's newest EV is a Cadillac ‘baby Escalade' called Vistiq
General Motors’ newest all-electric vehicle and the last of a lineup of new EVs announced for its Cadillac luxury brand is a ...
The Verge on MSN
1d
GM offers free nighttime charging to Chevy EV owners in Texas
and 6AM, the companies said. Customers must also designate an
EV
to receive the charging credit through
GM
Energy’s Smart ...
1d
on MSN
EV adoption will skyrocket—take it from someone leading a battery tech startup after 17 years at GM
It became the first mass-produced extended-range EV—a vehicle with a big battery and backup gas engine allowing people to ...
2d
on MSN
Cadillac execs are betting the Vistiq EV will maintain the luxury brand's strong EV sales momentum
Cadillac took the veil off its latest creation, the Vistiq three-row EV SUV. The luxury brand is betting another addition to ...
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