Trump’s war on electric cars has only just begun
Business
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, and it would take another act of Congress to do away with it. Now the bad news: at Trump’s behest, Congress is very likely to do away with the tax credit at some point in the near future. Republican lawmakers have tried
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