Report: GM, Ford seeking gradual EV tax credit phaseout

Automakers are already preparing for the federal government stop electric vehicle tax incentives, lobbying for a gradual phaseout rather than an abrupt end, Bloomberg reported Tuesday. Several automakers, including Ford and General Motors, along with industry lobbying groups, have asked the Trump Administration and Republican Congressional...

Feb 13, 2025 - 09:00
Report: GM, Ford seeking gradual EV tax credit phaseout
2025 Ford Mustang Mach-E RallyAutomakers are already preparing for the federal government stop electric vehicle tax incentives, lobbying for a gradual phaseout rather than an abrupt end, Bloomberg reported Tuesday. Several automakers, including Ford and General Motors, along with industry lobbying groups, have asked the Trump Administration and Republican Congressional...

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