Latest in Electric Vehicle Companies, Battery Makers Urge Trump to Keep Tax Credits
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Electric Vehicle Companies, Battery Makers Urge Trump to Keep Tax Credits
The Trump transition team wants to kill the $7,500 consumer tax credit for electric-vehicle purchases.Business - Inc. - 6 hours ago -
Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk's electric vehicle company
Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White HouseTech - ABC News - November 6 -
Biden administration expands tax credit for producing solar, wind and battery components
The Biden administration is expanding a federal tax credit that seeks to incentivize domestic production of components for solar and wind energy, as well as batteries. The Treasury Department ...Politics - The Hill - October 24 -
Trump Won. What Will Happen to Electric Vehicles?
Thanks to Elon Musk’s influence, the president-elect has waffled on the future of America’s electric transition.Tech - Wired - November 6 -
Will Musk Influence Trump on Climate Change and Electric Vehicles?
The Tesla billionaire is a key figure in the president-elect’s orbit. One question is whether his views on climate and clean energy will have any sway.World - The New York Times - November 8 -
What a second Trump term means for car prices and electric vehicles
Car shoppers who have held off on buying a vehicle due to affordability concerns are unlikely to see relief if President-elect Donald Trump imposes the new tariffs he proposed during his campaign.Business - MarketWatch - 4 days ago -
Trump's win could sharply raise the cost of electric vehicles. Here's why.
Americans looking to purchase EVs may want to do so quickly, as the incoming administration is likely to axe a $7,500 tax credit.Top stories - CBS News - 7 hours ago -
EU drives through tariffs on Chinese electric vehicles
Levies totalling up to 45% needed to compensate for Beijing’s ‘injurious’ subsidies, says BrusselsBusiness - Financial Times - October 30 -
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Trump Keeps Promising New Tax Cuts. Other Republicans Are Wary.
Former President Donald J. Trump’s costly tax agenda undermines the changes he signed into law in 2017. Some Republicans are wary.Business - The New York Times - October 17 -
Many parents voted for Trump. His top priority should be expanding the child tax credit, advocates say.
Parents — specifically, male parents — voted for President-elect Donald Trump this election cycle in an ongoing show of support for the Republican Party by voters with children, according to exit ...Business - MarketWatch - November 7 -
Trump’s tax plans: $7,500 EV credit likely to get axed, as tariffs spark anxiety
One tax credit that appears on track for elimination is an Inflation Reduction Act provision that can provide up to $7,500 to buyers of electric vehicles.Business - MarketWatch - 3 days ago -
Trump wants to provide a tax credit for caregivers. Here's what experts say about the proposal
At a recent campaign rally, President-elect Donald Trump said "it's about time" caregivers are recognized. Here's what we know about his tax credit proposal.Business - CNBC - 2 days ago -
What consumers should know about buying used electric vehicles
Used EVs are some of the most budget friendly cars on the market. Consumer Reports expert Brian Vines breaks down the pros and cons of used electric vehicles, and what consumers should look for ...Top stories - CBS News - October 21 -
G.M.’s Electric Vehicle Sales Surge as Ford Loses Billions
Ford is struggling to make money on battery-powered models while General Motors, which started more slowly, says it is getting close to that goal.Business - The New York Times - October 30 -
The EU is imposing duties on electric vehicles from China after trade talks fail
The European Union says it will impose duties on imports of electric vehicles from China on Wednesday after talks between Brussels and Beijing failed to find an amicable solution to their trade ...World - ABC News - October 30 -
What to know about Europe's tariffs on Chinese electric vehicles
The European Union has finalized its sharply higher customs duties on electric vehicles imported from ChinaTech - ABC News - October 30 -
Europe Imposes Higher Tariffs on Electric Vehicles Made in China
The tariffs, some as high as 45 percent, are intended to protect Europe’s automotive sector, but they could escalate a trade war with China.Business - The New York Times - October 31 -
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Cuzen Electric Matcha Maker Review: Great Tea but a Lazy Design
This kitchen gadget provides a way to brew incredibly fresh matcha, but it's really just a glorified tea leaf grinder.Tech - Wired - October 30 -
This Electric Aircraft-Maker Just Landed a $318 Million Investment
Beta Technologies’s Series C funding comes just a month after a $20 million investment to build out charging infrastructure across the country.Business - Inc. - November 1 -
What to expect when President Trump tries to make tax cut promises reality, even with GOP sweep in Congress
Trump promised tax cuts for individuals and businesses. With deficit hawks in the GOP and bond market fixated on rising debt, a GOP sweep may not be enough.Business - CNBC - 3 days ago -
Ford’s CEO loves his electric vehicle. One issue — it’s not a Ford. And it’s made in China.
Ford CEO Jim Farley has fallen in love with an electric vehicle, and it’s not made by his company.Business - MarketWatch - October 25 -
EU set to impose duties on imports of electric vehicles from China from Thursday
EU set to impose duties on imports of electric vehicles from China from ThursdayWorld - ABC News - October 29 -
The E.U. is imposing duties on electric vehicles from China after trade talks fail
The European Union is imposing duties on imports of electric vehicles from China starting Wednesday after talks between Brussels and Beijing failed.Top stories - NBC News - October 30 -
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Ethiopia bans imports of gas-powered private vehicles, but the switch to electric is a bumpy ride
Ethiopia this year became the first country in the world to ban the importation of non-electric private vehiclesWorld - ABC News - November 3 -
China files complaint at World Trade Organization over EU tariffs on Chinese electric vehicles
China has moved forward with a complaint at the World Trade Organization that alleges the European Union has improperly set anti-subsidy tariffs on new Chinese-made electric vehiclesWorld - ABC News - November 4 -
Reeves looks to keep ‘stealth tax’ freeze on thresholds
Budget move on individual income could raise £7bn a year towards plugging £40bn fiscal shortfallBusiness - Financial Times - October 18 -
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When Hurricanes Hit, This Company Helps Keep the Lights On
Grid management platform Neara just raised a $31-million Series C to fund its expansion in the U.S.Business - Inc. - November 4 -
California Governor Proposes $750 Million in Annual Film Tax Credits
Gov. Gavin Newsom wants to more than double the amount the state offers in incentives, which would make its program one of the nation’s most generous.Business - The New York Times - October 27 -
Will Newsom's expanded tax credit program save California's film industry?
Gov. Gavin Newsom unveiled plans over the weekend to raise the cap on California's film and TV tax credit program. Will it save Hollywood from ruin?Entertainment - Los Angeles Times - October 28 -
Granholm warns that cutting EV tax credits would be ‘ceding’ to China
Energy Secretary Jennifer Granholm warned Friday that President-elect Trump’s reported plans to cut consumer subsidies for electric vehicles (EVs) would benefit China. “You eliminate these credits, ...Politics - The Hill - 10 hours ago -
When can a credit card company sue you for non-payment?
If your credit card debt goes unpaid for long enough, you could face legal consequences. Here's when it may happen.Top stories - CBS News - November 8 -
Trump’s Tax Plans
Three scenarios for how Republicans could approach cutting taxes next year.Top stories - The New York Times - 19 hours ago