The signing of the "One Big Beautiful Bill Act" carries a lot of weight for automakers, and one of the biggest results of the bill's passing is the end of the federal tax credit that is awarded to buyers of electric vehicles. Come September 30, the new EV tax credit of $7,500 and a used EV tax credit of $4,000 or 30 percent of the entire vehicle's price (whichever was less) will cease to exist, and EV owners and buyers alike are all responding differently, despite companies like Tesla introducing new incentives to buy fresh models.
from Pocket-lint https://ift.tt/kvBIu7P
Comments
Post a Comment