South Korean battery stocks plunged on Friday on reports that President-elect Donald Trump's transition team plans to scrap the $7,500 tax credit for EV purchases as part of broader tax legislation.

Reuters is reporting that President-elect Donald Trump’s transition team is weighing the elimination of the $7,500 tax credit ...

The federal EV tax credit —known as 30D among policy wonks—has been around in one form or another since the George W. Bush ...

US President-Elect Donald Trump has reportedly expressed a desire to kill the IRA's $7,500 plug-in vehicle tax credit. The ...

Reuters just revealed that Donald Trump’s transition team will indeed end America’s USD$7,500 consumer tax credit for ...

Trump's presidential transition team is reportedly planning to kill the $7,500 consumer EV tax credit program that President Joe Biden signed into law in 2022.

The $7,500 tax credit for buyers of electric vehicles could be vanishing early in the new Trump administration, but that ...

President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle ...

Currently, buyers of a new EV get a $7,500 tax credit and $4,000 for a used model, but that all could change in 2025. Here's ...

With an eye on tax reform, Trump’s team plans to eliminate a key $7,500 federal electric vehicle subsidy, potentially ...

The Alliance for Automotive Innovation argued that incentives in the Inflation Reduction Act are key to maintaining a ...

Plans to eliminate the up to $7,500 consumer tax credit for plug-in vehicles is a sign of the partnership between Musk and ...