EV, Trump and Tax Credit
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MotorTrend on MSNHow the One Big Beautiful Bill Will Affect Car Buying and OwnershipNo tax on auto loans? No more EV credits? No more CAFE rules? It’s all complicated, and we’ve got it all broken down.
The One Big, Beautiful Bill Act was passed by the Senate. If the House passes the bill during reconciliation, American car buyers could lose out on major EV incentive.
Republicans' "big, beautiful bill" reinstated lower royalty rates for energy production, requires regular oil lease sales and phases out electric vehicle and clean energy tax credits
The “One Big Beautiful Bill Act” represents a sweeping overhaul of U.S. energy policy, aimed at reshaping the federal
The legislation cuts off federal tax credits for electric vehicles and residential solar by the end of the year.
The bill includes stronger restrictions on Medicaid, which provides health care coverage to over 70 million low-income and disabled Americans, including 1.72 million Coloradans.