Energy Secretary Jennifer Granholm warned Friday that President-elect Trump’s reported plans to cut consumer subsidies for ...

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

Tesla may stand to gain from the removal, but legacy automakers and emerging EV companies could be left struggling to stay ...

Over the last 16 years, Musk's business deals with the government total nearly $20 billion, according to federal contracting ...

Elon Musk has said ending tax credits of up to $7,500 for electric vehicle purchases would "devastate" Tesla's competitors.

President-elect Trump plans to end $7,500 EV tax credit, benefiting Tesla but hurting competitors. Shares of major EV players ...

Trump campaigned on ending Biden's "EV mandate," without spelling out specific targeted policies. The energy-focused ...

The election of Donald Trump has stoked optimism on Wall Street, where his business-friendly agenda is expected to juice ...

Even the subsidies and tax credits could change depending on ... very few of these companies will be profitable in electric vehicles. The auto business isn't highly profitable for structural ...

She explained: "I will maintain the incentives for electric vehicles in company car tax from 2028 and increase ... in VED rates and a big increase in Benefit in Kind for hybrid cars coming in ...

On top of that, the car is equipped with several other features ... CO2 emissions of 131g/km mean a 31% benefit-in-kind tax penalty. A 20% taxpayer would have to fork out almost £150 a month ...

The prospect of introducing VED for electric cars is controversial. Since the government withdrew the Plug-in Car Grant, free road tax has become as the last remaining financial benefit for private ...