Electric Car News Electric Car Boom Canceled Trump Ends Ev Sales Target, Gas Wins

Trump is ending the tax credit for electric vehicles. Experts warn sales will ‘crater’

Car buyers are rushing out to buy electric vehicles as the clock ticks down on a tax credit program allowing them to save thousands on new and used cars. The federal EV (electric vehicle) tax credit ... Read More

Experts Predicted An EV Sales Collapse. It's Already Started

Jim Farley was right. Last month, Ford's CEO predicted that market share of electric cars would be cut in half once the federal tax credit for clean vehicles met its untimely demise on September 30. Read More

Electric car sales fuel record-breaking quarter for US clean-energy investments

Axios Visuals Consumers scrambling to take advantage of expiring tax credits for electric cars drove a record-breaking quarter of U.S. clean-energy investments, according to a new report. Why it ... Read More

Electric vehicle sales hit record ahead of tax credit's end

Americans bought 438,500 electric cars and trucks in the third quarter, as drivers raced to grab federal incentives before they expired Sept. 30. Those transactions, the highest number in a single ... Read More

Local EV dealers, solar panel installers see spike in business as tax credits expire

Milwaukee-area residents are rushing to buy electric vehicles and solar panels before federal tax credits expire. A new bill signed by President Donald Trump ends clean energy credits established ... Read More

The Luxury Electric Vehicle Is in Trouble

Sales of expensive battery-powered cars like the Ford F-150 Lightning have stalled, forcing automakers to slow production and offer more affordable vehicles. Read More

As more people switch to electric vehicles, states could lose millions of dollars

The electric car boom is coming. Last quarter, 4.5% of car sales were electric vehicles, according to Kelly Blue Book. By the year 2050, that number is expected to rise to 60%. With the effects of ... Read More

How billions of Biden’s electric car dollars survived the Trump chill

More than 40 states told POLITICO they have taken steps to unlock federal funding to build charging stations for electric vehicles. President Donald Trump’s crusade to uproot the Biden ... Read More

Trump’s EV retreat is a huge win for his No. 1 trade rival

A version of this story will appear in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. Two years ago, as President Donald Trump was running for reelection, he ... Read More

Trump is ending the tax credit for electric vehicles. Experts warn sales will ‘crater’

Car buyers are rushing out to buy electric vehicles as the clock ticks down on a tax credit program allowing them to save thousands on new and used cars. According to an analysis from the Detroit Free ... Read More