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

Norrrm
(2,119 posts)Musk says everyone in Congress voting for Trump's bill will lose their primary next year, if it's the last thing he does
tulipsandroses
(7,555 posts)Poor Eloon.
highplainsdem
(56,959 posts)SheltieLover
(70,559 posts)
CloudWatcher
(2,039 posts)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.