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Stock impact report

Edmunds: What to know about buying an EV in 2025 [Yahoo! Finance Canada]

EVgo Inc. (EVGO) 
Higher new vehicle prices are a distinct possibility According to the NPR article ” Here's how Trump's tariffs could impact you and your wallet ,” the price for certain imported electric vehicles will increase with the Trump administration tariffs. Tariffs on other components or materials used for vehicle manufacturing will also have an impact. Estimates vary widely on how much extra you might have to pay should these tariffs be in effect for a long duration, but it could potentially be thousands of dollars depending on the vehicle. The new administration has also said it would repeal the federal EV tax credit of $7,500 for new EVs and $4,000 for used EVs. Right now, certain new EVs qualify for a $7,500 tax credit, which can be put toward the sales price with a purchase or lease or toward your tax liability if you purchase it. Used EVs priced under $25,000 can qualify for a tax credit of up to $4,000. More charging options for EVs Tesla charging stations, which used to be ava Show less Read more
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