Republicans have long opposed the $7,500 federal tax credit for electric vehicles contained in the Inflation Reduction Act (IRA). Now, it seems

With a Republican-controlled Congress, there is 'definitely a path to repeal,' sources tell PCMag. But that could threaten jobs at EV manufacturing plants in red states.

To be sure, the EV tax credit won’t disappear tomorrow. Trump doesn’t assume office until January. And he can’t do this alone; he’d need Congress to delete the credit as part of a wider tax bill. Those negotiations could stretch out for months.