Trump administration prepares to end Biden’s EV tax incentive

Trump administration prepares to end Biden’s EV tax incentive

If you’re looking to buy or lease an electric vehicle (EV) and benefit from the Biden administration’s $7,500 tax incentive, you’d better act soon. The transition team of the incoming Trump administration is already planning to end the credit, according to a report from Reuters citing sources with direct knowledge of the matter. Under the Biden … Read more