ev tax credits

House GOP wants to cut parts of the Inflation Reduction Act while sparing others

Republican leadership in the Ways and Means committee of the U.S. House of Representatives released Monday night a draft of a reconciliation bill that seeks to undo much of the Inflation Reduction Act. The landmark 2022 law implemented a range of incentives that spurred the production of clean energy, electric vehicles, carbon capture, and battery […]

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California will offer EV rebates if Trump kills federal tax credits

California is committed to zero-emission vehicles, even if the federal mood shifts.  The state’s governor Gavin Newsom, a Democrat, said Monday that if the incoming Trump administration cuts the $7,500 EV tax credit, he will propose rebates for eligible residents who buy electric vehicles.  “We’re not turning back on a clean transportation future – we’re

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