U.S. Electric Vehicle Transition Delayed But Not Derailed By Subsidy Exit
2025-10-08 14:10:00 ET
By Rico Luman and Coco Zhang
Dropping both carrot and stick slows US electric vehicle trend
US tax credits for electric vehicles - up to $7,500 for a new full electric EV and up to $4,000 for a used EV - ended on 1 October under the One Big Beautiful Bill Act (OBBBA). This changes the economics of driving EVs, and in turn makes them less attractive....
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