Republicans call to add $1,000 tax on new EVs, end tax credit

Trump can’t end EV tax credit; Congress can Proposed bill would end new EV, used EV, and commercial EV credits EV leasing loophole goes away with commercial credit (45W) Up-front federal EV tax of $1,000 proposed in addition to state EV surcharges As bold as President Trump’s initial executive actions relating to EVs might be, they...

Feb 15, 2025 - 09:00
Republicans call to add $1,000 tax on new EVs, end tax credit
2024 Tesla Model 3Trump can’t end EV tax credit; Congress can Proposed bill would end new EV, used EV, and commercial EV credits EV leasing loophole goes away with commercial credit (45W) Up-front federal EV tax of $1,000 proposed in addition to state EV surcharges As bold as President Trump’s initial executive actions relating to EVs might be, they...

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