EV Tax Credit Ending Dec. 31, Effectively Increasing Prices Up to 28% in USA. See How Popular EVs are Impacted.
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TL;DR: EV cars & SUVs will face an average 16% effective price increase, with the lowest cost model up more than 28%, if the law passes the Senate and goes into effect as written.
It's hard to imagine any way this doesn't throw a huge wrench into the adoption of sustainable car technology for the USA.
Only about 8% of new cars sold last year in the USA were electric, compared to 13% for the EU or 25% for China. Seems like exactly the wrong moment to cut tax incentives for the tech.
EV Tax Credit Likely to End Dec. 31, Effectively Increasing Prices Up to 28%. See How Popular EVs are Impacted. - FuelArc News
The “One Big Beautiful Bill Act” has passed the House of Representatives, despite having a name that feels like I dreamt it up for a comedy skit. Assuming the bill passes through Senate unmodified, that means big changes for EV and PHEV buyers in the USA. Among other things, this congressional budget bill marks the […]
FuelArc News (fuelarc.com)
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TL;DR: EV cars & SUVs will face an average 16% effective price increase, with the lowest cost model up more than 28%, if the law passes the Senate and goes into effect as written.
It's hard to imagine any way this doesn't throw a huge wrench into the adoption of sustainable car technology for the USA.
Only about 8% of new cars sold last year in the USA were electric, compared to 13% for the EU or 25% for China. Seems like exactly the wrong moment to cut tax incentives for the tech.
EV Tax Credit Likely to End Dec. 31, Effectively Increasing Prices Up to 28%. See How Popular EVs are Impacted. - FuelArc News
The “One Big Beautiful Bill Act” has passed the House of Representatives, despite having a name that feels like I dreamt it up for a comedy skit. Assuming the bill passes through Senate unmodified, that means big changes for EV and PHEV buyers in the USA. Among other things, this congressional budget bill marks the […]
FuelArc News (fuelarc.com)
Unless one's goal is weakening the US in the world, in which case more chaos, and destruction works great.
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Unless one's goal is weakening the US in the world, in which case more chaos, and destruction works great.
It is honestly hard to see what the strategy is. It's tough when you squint at the administration and wonder how an adversary-backed Manchurian Candidate type might do things differently, and you come up mostly dry.
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It is honestly hard to see what the strategy is. It's tough when you squint at the administration and wonder how an adversary-backed Manchurian Candidate type might do things differently, and you come up mostly dry.
honestly hard to see what the strategy is
Not when you finally realize there exists no strategy apart from transferring as much wealth as possible from the plebes to the Robber Barons...
Everything MAGAts do is either in furtherance of that goal, or a distraction from that goal.
In this case, it's for the benefit of fossil fuel related Robber Barons.
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honestly hard to see what the strategy is
Not when you finally realize there exists no strategy apart from transferring as much wealth as possible from the plebes to the Robber Barons...
Everything MAGAts do is either in furtherance of that goal, or a distraction from that goal.
In this case, it's for the benefit of fossil fuel related Robber Barons.
️ ️In this case, it's for the benefit of fossil fuel related Robber Barons.
plus just ending the subsidies in general, no doubt to float more tax reductions next year.
