U.S. House of Representatives Considers Eliminating Electric Vehicle Tax Credit
2025-05-06 / Read about 0 minute
Author:小编   

On May 6, the Speaker of the U.S. House of Representatives, Johnson, hinted that Republicans might terminate the tax credit policy for electric vehicle buyers. In an interview on Tuesday, Johnson noted that while the likelihood of scrapping this policy is significant, the final decision is still pending. The Republicans have been aiming to eliminate the tax credit, which can reach up to $7,500, in order to allocate funds towards Trump's tax cut plan.