Act now for $7,500 EV tax credit: There's 'real risk' Trump will axe funding in 2025, lawyer says

By NBC News | Nov 20, 2024 at 10:51 AM EST

There is a risk of losing the Biden-era EV tax credit of up to $7,500 due to potential removal by Trump and Republicans. Experts advise consumers to consider purchasing an electric vehicle before 2025 to secure the credit. The future of the EV credit remains uncertain amidst potential tax negotiations.

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