Trump’s transition team eyes repeal of EV tax credit, sparking concerns for U.S. auto industry
The Trump transition team is considering eliminating the $7,500 consumer tax credit for electric vehicle (EV) purchases as part of broader tax reforms. This potential move, part of the transition team’s energy-policy discussions led by figures like oil magnate Harold Hamm and North Dakota Governor Doug Burgum, could significantly impact the U.S. EV market, which…
