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—but we break it all down for you.
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.
President Trump recently signed The One Big Beautiful Bill into law and it spells the end of the clean vehicle credit. The incentive is set to expire on September 30, 2025 instead of the originally planned date of December 31, 2032.
The “One Big Beautiful Bill Act” represents a sweeping overhaul of U.S. energy policy, aimed at reshaping the federal
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.
President Trump’s “One Big Beautiful Bill” just wiped out key clean energy subsidies. If you want that $7,500 EV discount, act fast.