Biden EV Tax Credits Are Ripe Target for Gutting If Trump Wins

It’s never been cheaper to buy an electric vehicle in the US, thanks largely to tax credits in President Joe Biden’s signature climate law worth $7,500 apiece.

Those incentives may be on borrowed time.

Former President Donald Trump and other Republicans have made no secret of their animosity toward pro-EV policies. And the tax credits now helping underwrite many US electric vehicle purchases are top targets if Republicans win the White House or strengthen their grip on Capitol Hill in November.

Of all the incentives in Democrats’ Inflation Reduction Act, they are “hands down the most exposed, no matter how you ...