Republicans Push to End EV Tax Credit by September 2025
Senate Republicans are pushing to terminate the $7,500 electric vehicle (EV) tax credit by September 30, 2025, as part of a revised tax and budget bill. The move, which also eliminates fines for automakers missing fuel economy standards, reverses Biden-era policies promoting EVs. The House version, however, proposes extending the credit, highlighting a GOP internal … Read more