Trump team reportedly looking to kill Biden's $7,500 EV tax credit

President-elect Trump's transition team is looking to get rid of the $7,500 federal tax credit for electric vehicles enacted during the Biden administration, Reuters reported Friday.

Citing two sources familiar with the situation, the outlet said Trump's team is planning to scrap the EV tax credit as part of a larger tax reform package.

FOX Business has reached out to the Trump transition team for comment.

The tax credit for the purchase or lease of certain EV and plug-in hybrid...