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Kiplinger
Kiplinger
Business
Kelley R. Taylor

Is the EV Tax Credit Away Under Trump? What You Need to Know

Green EV with leaves blowing.

Even before Donald Trump began his second term as president, his transition team was reportedly working on plans to eliminate the up to $7,500 federal tax credit for EV purchases.

This policy shift, first reported by Reuters, rippled through the automotive industry and sparked discussions about the future of clean energy initiatives in the U.S.

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