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highplainsdem

(56,959 posts)
Mon Jun 30, 2025, 04:33 PM 7 hrs ago

Senate considers ditching the EV tax credit even earlier than planned

Source: NPR

The Senate's version of the giant tax and spending bill might eliminate tax credits for electric vehicle purchases even sooner than the House version.

The House bill called for those tax credits to end in late 2025 for some carmakers, and 2026 for others.

The draft that the Senate released over the weekend sets a single termination date: Sept. 30th, three months from now.

-snip-

In an interesting development, the nation's auto dealers — who, during the Biden administration, were vocally skeptical of electric vehicles — have been lobbying to keep the EV tax credits in place for longer. The National Automobile Dealers Association has urged Congress to include what they call "a reasonable transition period."

-snip-

Read more: https://www.npr.org/2025/06/30/nx-s1-5451701/ev-tax-credit-megabill-senate

5 replies = new reply since forum marked as read
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Senate considers ditching the EV tax credit even earlier than planned (Original Post) highplainsdem 7 hrs ago OP
Coincidence? Nearby topic title. Norrrm 7 hrs ago #1
Eloon has met that Leopard going around eating faces. tulipsandroses 7 hrs ago #2
I posted that thread as well: highplainsdem 7 hrs ago #3
Fleaon will have another tantrum. SheltieLover 6 hrs ago #4
Clawing it back ... CloudWatcher 6 hrs ago #5

Norrrm

(2,119 posts)
1. Coincidence? Nearby topic title.
Mon Jun 30, 2025, 04:37 PM
7 hrs ago

Musk says everyone in Congress voting for Trump's bill will lose their primary next year, if it's the last thing he does

CloudWatcher

(2,039 posts)
5. Clawing it back ...
Mon Jun 30, 2025, 05:53 PM
6 hrs ago

I'm surprised that after Elon's tweet, they don't try and claw back tax credits already given. And yeah, it would probably be illegal, but that's rarely stopped them recently.

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