Congress Passes Republican Party's "Big Beautiful Bill," Setting Up Federal EV Tax Credit to End September 30

04 Jul 2025 | Abstracted from Road and Track

"...final version of the bill will eliminate the $7500 electric vehicle tax credit by September 30...the spending bill is set to remove the $4000 credit for buying a used EV, too....Early drafts of the bill included a $250 federal registration fee for electric vehicles, as well as a $100 fee for hybrid vehicles...

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