To buy or rent an electric vehicle (home) will no longer come with a federal tax credit.
On Thursday, Congress approved the legislation called Trump’s “Big, Fine”. The bill will give tax breaks to corporations and reduces costs at Medicaid $ 4.2 trillion. After the Trump signed the law on July 4, EVS will end the tax credits to bought or leasing EVS on September 30.
Since 2008, it has been an electric vehicle, an incentive: $ 7,500 for new vehicles Federal tax credit. Promotion was expanded to $ 4,000 in the EVS used in 2022.
The EVS means that you will eventually cost compared to an average of $ 9,000 worth of gas running gas. Moreover, the impacts of the environment are recognized. However, despite the benefits of the EVS, the incentives that help increase the sales of America will be something soon.
Although the bill faced tax promotion, the corporate average fuel economy facilitates the establishment of gas-fired vehicles and eliminates the penalties.
On Thursday, Home Advocacy team, Home Advocacy team, the bill has a negative impact on the American home market, and Chinese, such as China, he said. On July 3, he warned that “it provides a growing part of the basic car market, it is clear that the future of the transport is electric; This bill is obliged to the future for China in this future.” When other markets were leaned to the home market, the United States is already behind.
Participating in the policy Anne Blair, “We will depend on the volatile oil markets to trust our vehicles and China without a competitive US home industry. We say the congress is a choice to promote these weaknesses.”
Experts are predicting sales by September 30. Dan Levy, Barclays’ auto analyst, wrote in a research note, will receive a steep landing without campaign sales. “We believe that the bill is slow to penetrate home with both ‘carrot’ (ie taxes / incentives) and ‘sticks’ (ie the rules of waste) and again reuters.
An investigation from Harvard University, the expiration of the incentives forecasts that the US government would earn $ 129 billion in the next 10 years. However, for the next five years, the house reduces the market reputation by 6%. This decline may have great environmental impacts such as dirty air and larger greenhouse gas waste.