Global  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Trump's Budget Proposal Would End Tax Credit For Electric Car

Video Credit: Wochit Business - Duration: 00:37s - Published < > Embed
Trump's Budget Proposal Would End Tax Credit For Electric Car

Trump's Budget Proposal Would End Tax Credit For Electric Car

On Monday, the White House proposed eliminating a tax credit worth up to $7,500 on the purchase of new electric vehicles.

According to AutoNews, the move would save the U.S. government $2.5 billion over a decade.

Major automakers have been lobbying Congress to extend the credit that phases out after companies hit 200,000 vehicles sold.

They are hopeful Congress could expand the benefit.

0
shares
ShareTweetSavePostSend
 

Trump's Budget Proposal Would End Tax Credit For Electric Car

A MARCH 6, 2019, PHOTO FEB.

5, 2015 FILE A DEC.

3, 2018, FILE PHTOO MAY 16, 2014, FILE PHOTO




You Might Like


Recent related videos from verified sources

Apple’s May Still Be Interested In Creating Its Own Self-Driving Car [Video]Apple’s May Still Be Interested In Creating Its Own Self-Driving Car

According to Digital Trends, a recent report suggests that Apple still have interest in building its own car, specifically self-driving cars. A Reuters report claims that Apple is in discussions with a..

Credit: Wochit Tech     Duration: 00:47Published

Power Line Blowouts Create Early Morning Light Show in Texas [Video]Power Line Blowouts Create Early Morning Light Show in Texas

Thousands were without power in Kilgore, Texas, on April 18, after several power line transformers blew out in succession.Police dashcam footage showed the dramatic effect of the successive blowouts,..

Credit: Storyful Studio     Duration: 01:20Published

Pininfarina at Auto Shanghai 2019 - Silvio Pietro Angori, CEO [Video]Pininfarina at Auto Shanghai 2019 - Silvio Pietro Angori, CEO

Automobili Pininfarina launched its stunning pure-electric 1,900hp Battista hypercar in North America – just one year after the company was introduced at the 2018 Rome Formula E race. Shown in the..

Credit: AutoMotions     Duration: 03:18Published

Kia Habaniro concept at NY Auto Show 2019: One spicy EV [Video]Kia Habaniro concept at NY Auto Show 2019: One spicy EV

Ignoring its kind of goofy name, the Kia Habaniro is a serious car. This concept vehicle builds on the Nero EV, already one of our favorite recent electric vehicles, but adds a 300 mile range, and dual..

Credit: Engadget First Look     Duration: 03:18Published

Canada Is Launching Tax Credit For Electric Vehicles But Teslas Are Too Expensive [Video]Canada Is Launching Tax Credit For Electric Vehicles But Teslas Are Too Expensive

Canada is launching a $5,000 tax credit for zero-emission vehicles on May 1. According to Business Insider, Tesla vehicles will be ineligible for the credit because they're too expensive. The base..

Credit: Wochit     Duration: 00:36Published

Pininfarina Battista Electric Hypercar Debuts in North America Event [Video]Pininfarina Battista Electric Hypercar Debuts in North America Event

Automobili Pininfarina launched its stunning pure-electric 1,900hp Battista hypercar in North America – just one year after the company was introduced at the 2018 Rome Formula E race. Shown in the..

Credit: AutoMotions     Duration: 02:11Published

Pininfarina Battista Electric Hypercar Debuts in NYC - Nick Heidfeld, Development Driver [Video]Pininfarina Battista Electric Hypercar Debuts in NYC - Nick Heidfeld, Development Driver

Automobili Pininfarina launched its stunning pure-electric 1,900hp Battista hypercar in North America – just one year after the company was introduced at the 2018 Rome Formula E race. Shown in the..

Credit: AutoMotions     Duration: 01:21Published

Pininfarina Battista Electric Hypercar Debuts in NYC - Michael Perschke, CEO Automobili Pininfarina [Video]Pininfarina Battista Electric Hypercar Debuts in NYC - Michael Perschke, CEO Automobili Pininfarina

Automobili Pininfarina launched its stunning pure-electric 1,900hp Battista hypercar in North America – just one year after the company was introduced at the 2018 Rome Formula E race. Shown in the..

Credit: AutoMotions     Duration: 01:53Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.