GOP moves to replace US’ EV tax credits with a US$1,000 fee

By / / Automotive / 1 minute of reading


The two bills would see a range of tax incentives intended to stimulate adoption replaced with a one-time US$1,000 fee to cover road repairs. By Stewart Burnett

A group of US Senate Republicans proposed a pair of bills to get rid of a range of incentives intended to stimulate electric vehicle (EV) adoption and replace them with a new US$1,000 tax on EV purchases to cover the cost of road repairs. Among the incentives potentially being axed are the US$7,500 and US$4,000 federal tax credits for new and used EV purchases, as well as credits for leased EVs and new charging stations.

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GOP moves to replace US’ EV tax credits with a US$1,000 fee



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About The Author

Avatar of Kerry Gates
Kerry Gates is a news writer for Midlandia Press. She writes about arts, automotive, travel, and fashion. She also loves to spend time with her family and friends, go on road trips, and read historical fiction.

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