Republicans Target EV Incentives, Loan Programs In Sweeping Tax Reform Proposal
- Posted on May 13, 2025
- By International Business Times
- 3 Views
Republicans Target EV Incentives, Loan Programs In Sweeping Tax Reform Proposal
Chief among the proposed cuts is the repeal of the electric vehicle (EV) tax credits—$7,500 for new EVs and $4,000 for used models—effective from Dec. 31.
