• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

5 Big EV Takeaways From Trump’s ‘One Big Beautiful Bill’

Simon Osuji by Simon Osuji
July 13, 2025
in Artificial Intelligence
0
5 Big EV Takeaways From Trump’s ‘One Big Beautiful Bill’
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


If you’re an electric vehicle enthusiast, President Donald Trump and congressional Republicans’ One Big Beautiful Bill (OBBB) is anything but. The legislation, signed by the president last weekend, cuts all sorts of US government support for emission-light vehicles. The whole thing creates a measure of uncertainty for an American auto industry that’s already struggling to stay afloat during a sea change.

Still, nearly one in four US vehicle shoppers say they’re still “very likely” to consider buying an EV, and 35 percent say they’re “somewhat likely,” according to a May survey by JD Power—figures unchanged since last year. On those EV-curious folks’ behalf, WIRED asked experts for their tips for navigating this weird time in cars.

Go Electric … Soon? Now?

First things first: The new bill nixed the electric vehicle tax credit of up to $7,500, bringing to an end years of federal support for EVs. This program was supposed to last until 2032 but is now set to expire on September 30. This extra oomph from the feds helped some of the “cheapest” electrics—like the $43,000 Tesla Model 3, the $37,000 Chevy Equinox EV, and the $61,000 Hyundai Ioniq 9—feel more accessible to people with smaller (but not small) budgets.

Before the end of September, some new electric and plug-in hybrids will still be eligible for the $7,500 tax credit. Used EVs also get a $4,000 credit. “If you’re in a market for an EV now, you should go buy it,” says Joseph Yoon, a consumer insights analyst at Edmunds.

A few things to keep in mind, though. The first is that not all cars or all buyers are eligible for the tax credits. A full list of eligible vehicles is here. (Vehicle eligibility depends on several factors, including the manufacturer’s price, where the car was assembled, and where its battery components come from). Buyers, meanwhile, can’t make above $300,000 a year if they’re married and file jointly, above $225,000 if they’re a head of household, and above $150,000 for everyone else.

Plus, in a twist, it’s possible US buyers will see some good electric showroom deals even after the tax window closes. To understand why, it’s worth taking a look at what automakers did after Trump dramatically increased vehicle and vehicle parts tariffs this spring (another factor that adds to today’s vehicle chaos.) Understanding that they were under the limelight, many manufacturers actually slashed car prices. Both Ford and Stellantis offered “employee pricing” for all buyers; Nissan reduced prices on some of its most popular models.

Now, because Republicans have made so much noise about EVs, automakers are going “to see a flood of interest,” predicts Nick Nigro, the founder of Atlas Public Policy, a strategy and research firm. In the next few months, that could lead to “more aggressive pricing,” he says. So it might make sense to wait a few weeks to drive that EV off the lot too.

Think About EV Charging

The bill also put on the chopping block a tax credit to help install at-home electric vehicle charging in the US. The good news is that buyers will have a bit more time to take advantage of this one: It will disappear in June 2026. The credit is only available to people who live in low-income or non-urban places (check if you qualify here), and it covers 30 percent of the installation cost, up to $1,000.

Subtle Slashing

It’s also worth understanding how the new bill affects the entire US EV ecosystem. The legislation didn’t kill Biden-era tax credits for manufacturers, as some had feared. These have brought down prices for automakers, battery builders, and critical mineral miners and processors amidst the manufacturing, engineering, and, above all, cost challenges that come along with going electric.

That’s good news for EVs. But the bill does make some changes to the manufacturing credit program that ramp up requirements for domestically manufactured components, which will likely make it harder for some in the EV supply chain to qualify, says Kathy Harris, who directs the clean vehicles program at the Natural Resources Defense Council. “It’s going to be a challenge to continue to move forward,” she says.



Source link

Related posts

ICE Is Crashing the US Court System in Minnesota

ICE Is Crashing the US Court System in Minnesota

February 11, 2026
The ICE Expansion Won’t Happen in the Dark

The ICE Expansion Won’t Happen in the Dark

February 11, 2026
Previous Post

Bank of Jordan named “Best Sub-Custodian Bank in Jordan for 2025” by Global Finance

Next Post

Ukraine Security Service Says Has Killed Russian Agents

Next Post
Ukraine Security Service Says Has Killed Russian Agents

Ukraine Security Service Says Has Killed Russian Agents

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

How to Avoid Costly Tax Mistakes That Many Retirees Make

How to Avoid Costly Tax Mistakes That Many Retirees Make

12 months ago
How do ‘AI detection’ tools actually work? And are they effective?

How do ‘AI detection’ tools actually work? And are they effective?

3 months ago
Novartis enters agreement to acquire Mariana Oncology, strengthening radioligand therapy pipeline

Novartis enters agreement to acquire Mariana Oncology, strengthening radioligand therapy pipeline

2 years ago
Museveni expresses willingness to help restore US prayer group

Museveni expresses willingness to help restore US prayer group

1 year ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.