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Treasury Department

Fewer people will be able to afford electric cars and trucks if President-elect Donald J. Trump and Republicans in Congress eliminate a $7,500 federal tax credit.

Although Donald Trump has opposed policies that favor electric cars, if he becomes president he could ease regulatory scrutiny of Tesla or protect lucrative credits and subsidies.

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There are so many avenues we could go down with this, and I don’t know as I start writing this article where I’m going to

President Joe Biden's much-touted Inflation Reduction Act (IRA) is paying off big time, particularly for the many thousands of Americans who have bought electric vehicles this year. 

EV buyers have saved more than $1 billion in upfront purchase

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