electric vehicle tax credit
Latest
Trump's 2020 budget proposal cuts the EV tax credit
The Trump administration announced its budget proposal for 2020 and tax credits for electric vehicles is on the chopping block, according to Reuters. The White House is proposing eliminating the subsidy, which provides up to $7,500 on the purchase of a new EV, claiming that it will save the government about $2.5 billion over the next decade.
