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Tesla and Other Automakers Face a "Severe Setback": US Electric Vehicle Tax Credit to Terminate on September 30
2 day ago /
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Author：小编
The "Big and Beautiful" bill championed by the US President is poised to be enacted into law on Friday, signaling the cessation of the US electric vehicle tax credit program on September 30. The omnibus tax and budget bill, which the US Congress approved on Thursday, stipulates that both the $7,500 tax credit for the purchase or lease of new electric vehicles and the $4,000 tax credit for used electric vehicles will expire. This policy, which has been in effect since 2008, has significantly bolstered electric vehicle sales over the years.
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