EV, Trump and Bill Act
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The newly passed Big Beautiful Bill drives changes to individual benefits related to energy efficiency, including the repeal of green energy tax credits for energy vehicles (EVs). The Senate legislation,
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President Donald J. Trump has been on a crusade during his second term in office to pass what he has dubbed the "One Big Beautiful Bill," a mega-bill encompassing significant tax and spending changes for the federal government — and as of July 3, that bill is set to have a major impact on future electric vehicle buyers.
The federal EV tax credit in the U.S. will end this September. The boss of Cadillac thinks the luxury brand is in a good position for what comes next.
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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—but we break it all down for you.
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
Republicans got a big win with the One Big Beautiful Bill Act, set to be signed into law by President Donald Trump on Independence Day.
The One, Big, Beautiful Bill Act is targeting the clean energy space. It proposes phasing out the $7,500 federal electric vehicle tax credit available to American car buyers.