#ev-tax-credits

#ev-tax-credits

The money-losing California-based company breaks ground Tuesday east of Atlanta despite President Donald Trump's successful push to roll back electric vehicle tax credits. Starting Sept. 30, buyers will no longer qualify for savings of up to $7,500 per car. Rivian Chief Policy Officer Alan Hoffman said the company believes it can sell electric vehicles not for environmental or tax incentive reasons, but because they're superior.

The Senate has passed President Trump's Big Beautiful Bill, which includes provisions to end EV tax credits, causing concern among automakers and dealerships.

Car dealers' reluctance to adapt to electric vehicles is now clashing with the need for EV tax credits, prompting collective action to preserve affordability.

This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination.

The House of Representatives took a significant step toward repealing federal EV tax credits, which could drastically impact EV sales and leases.