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Trump's 'Big, Beautiful Bill' is bad for American EVs, but it could have been worse
Ending tax credits isn't good news for the US EV industry, but it isn't the knockout blow that it could've been.
The bill festively shoots down a long list of environmental protection measures of all shapes and sizes, with the red glare of those rockets looking set to burn all current federal EV rebates in particular. It also eliminates the $4,000 federal credit on used EVs, and even stands to kill rebates for commercial vehicles of the sort that inspired a whole new and weird generation of electric vans like those from Rivian and Arrival(RIP). That fee was to be directed to the Highway Trust Fund, ostensibly ensuring that EV owners are paying their fair share for federal transportation infrastructure maintenance.
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