What new version of Trump's 'Big, Beautiful Bill' could mean for EV car buyers and automakers
Environment,Electric Vehicles,Trump Agenda,Donald Trump,Auto Emissions,Auto Industry
President Donald Trump's One, Big, Beautiful Bill Act is officially moving to the House after making it past the Senate following some alterations. The bill is a proposed budget reconciliation aimed at increasing spending in areas such as defense and border security. It is targeting health care and nutrition programs like Medicaid and SNAP.
The clean energy sector could also face extreme ramifications if the bill is passed, including job loss and the termination of federal new and used electric vehicle tax incentives. The Senate altered provisions in the bill, accelerating the termination of new and used EV tax incentives from December 2025 to September 2025...