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? Itās all complicated, and weāve got it all broken down.
Republicans' "big, beautiful bill" reinstated lower royalty rates for energy production, requires regular oil lease sales and phases out electric vehicle and clean energy tax credits
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.
The āOne Big Beautiful Bill Actā 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 Donald Trump has promised that the ābig, beautiful billā passed by Congress will be one of the most successful pieces of legislation in American history. Of course, the ultimate beauty of this sweeping legislation is very much in the eye of the beholder.