South Korean battery stocks plunged on Friday on reports that President-elect Donald Trump's transition team plans to scrap the $7,500 tax credit for EV purchases as part of broader tax legislation.

A group representing major electric vehicle and battery manufacturers on Friday urged President-elect Donald Trump not to ...

Tesla stock was under pressure on Thursday afternoon as the broader Trump trade was fading after a furious post-election rally.

On the other hand, proponents of ending the tax credit, including some Republican lawmakers, argue that the market should ...

Donald Trump's transition team is moving to eliminate EV tax credits and Elon Musk appears to agree with their approach. Here ...

The electric-vehicle purchase tax credit makes buying Teslas and other electric vehicles more affordable for most car buyers.

President-elect Trump's transition team is aiming to scrap the tax credit for purchasing electric vehicles enacted during the ...

President-elect Donald Trump. Photos: Getty Images.

President-elect Trump's plan to eliminate the $7,500 EV tax credit, supported by Tesla, sends shockwaves through the auto ...

Lucid Group Inc.’s chief executive downplayed the significance of US electric vehicle tax credits for the company, even as ...

The once-and-future POTUS is looking to fulfill his campaign promises, according to a new report.

An end to U.S. EV tax credits is unlikely to doom Rivian altogether. Its $5.8 billion deal to share technology with German ...