The EV tax credit is dead — here’s what happens next The EV tax credit is dead — here’s what happens next
Tehnologie
For EVs, it’s Zero Hour. When the clock strikes midnight on Oct. 1, the $7,500 federal tax credit on EVs will expire , potentially turning affordable electric carriages into showroom pumpkins. Sales of electric cars are certain to dip. Real-world prices will rise. The only question is how much, and for how long, as President Donald Trump and his administration continue to go scorched-earth over climate change and kneecap support for electric cars and renewable energy. With one eye on the clock,
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