What happens if Trump kills EV tax credit?

The Trump Administration has signaled that it could eliminate the $7,500 federal electric vehicle tax credit that was renewed under the Inflation Reduction Act (IRA). That could not only raise the effective prices of many EVs for consumers, but also impact manufacturing jobs, according to a new study. The study comes from the REPEAT Project, a…The Trump Administration has signaled that it could eliminate the $7,500 federal electric vehicle tax credit that was renewed under the Inflation Reduction Act (IRA). That could not only raise the effective prices of many EVs for consumers, but also impact manufacturing jobs, according to a new study. The study comes from the REPEAT Project, a…