Trump, EV and Tax Credit
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The One Big, Beautiful Bill Act was passed by the Senate. If the House passes the bill during reconciliation, American car buyers could lose out on major EV incentive.
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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, and we’ve got it all broken down.
Cadillac had its best first half of the year in nearly 20 years, and retail sales were up 19% through the first six months of 2025.
That brings us to our question of the day; will the elimination of the tax credit impact your next vehicle purchase? While some people are absolutely against electric vehicles and
The federal EV charger tax credit for electric vehicle charging stations and equipment is going away sooner than expected.
If the "One, Big, Beautiful Bill" is passed, the new EV tax credit and used electric vehicle tax credit ($4,000) could be completely phased out in the future.
The legislation cuts off federal tax credits for electric vehicles and residential solar by the end of the year.
The bill includes stronger restrictions on Medicaid, which provides health care coverage to over 70 million low-income and disabled Americans, including 1.72 million Coloradans.