EV Tax Credit Likely Ending

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EV tax credit

Verge

•

Science

Trump’s war on electric cars has only just begun

Summary

Nutrition label

71% Informative

The federal EV tax credit is still alive and kicking, but it would take another act of Congress to do away with it.

Republican lawmakers have tried several times in the past to kill the credit, most recently in July 2024 .

It’s very likely that Congressional sluggishness, as well as some Republican pushback, will result in the incentive still being in the tax code by the end of the year .

The auto industry was already trying to put out multiple fires before Trump even set pen to paper.

Even Tesla, the sole automaker to align itself fully with Trump , experienced its first sales decline in over a decade .

Trump is also targeting Biden ’s tailpipe emission and fuel economy standards.

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formal

Language

English

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Offensive language