Senate Republican Bill Would End $7,500 EV Tax Credit 180 Days After Approval

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Senate Republican Bill Would End $7,500 EV Tax Credit 180 Days After Approval

Reuters2025-06-18

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Guavaxf3006
·2025-06-18
Yesterday all Solar stocks crashed with the Sunrun registering a collapse of 40%. This was due to Senate releasing a bill to cut off Solar tax credits. Now we have confirmation that the same Senate is also submitting a similar tax credit cut for EVs, what do we think will happen with Tesla's share prices ? Everyone has heard Elon Musk say that Tesla is not a car company. But the truth is, more than 90% of their revenue is from sales of EV cars.
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a4xrbj1
·2025-06-17
RIP Tesla - finally you can show how you can make a profit without all the billions of dollars of Government support and subsidies you've got from the last couple administrations. I hope they also cut back their subsidies for Space X as well now that the grifters Trump and Musk have directed all kinds of Government contracts to SpaceX and killed all alternative programs
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This was due to Senate releasing a bill to cut off Solar tax credits. Now we have confirmation that the same Senate is also submitting a similar tax credit cut for EVs, what do we think will happen with Tesla's share prices ? Everyone has heard Elon Musk say that Tesla is not a car company. But the truth is, more than 90% of their revenue is from sales of EV cars.","listText":"Yesterday all Solar stocks crashed with the Sunrun registering a collapse of 40%. This was due to Senate releasing a bill to cut off Solar tax credits. Now we have confirmation that the same Senate is also submitting a similar tax credit cut for EVs, what do we think will happen with Tesla's share prices ? Everyone has heard Elon Musk say that Tesla is not a car company. But the truth is, more than 90% of their revenue is from sales of EV cars.","text":"Yesterday all Solar stocks crashed with the Sunrun registering a collapse of 40%. This was due to Senate releasing a bill to cut off Solar tax credits. Now we have confirmation that the same Senate is also submitting a similar tax credit cut for EVs, what do we think will happen with Tesla's share prices ? Everyone has heard Elon Musk say that Tesla is not a car company. 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The Republican Senate Finance Committee bill would exempt interest paid on auto loans from taxes for new cars made in the United States.  ","content":"<html><head></head><body><p>(Reuters) - U.S. Senate Republicans on Monday proposed a tax and budget bill that would end the $7,500 tax credit on new electric vehicle sales 180 days after the measure is signed into law and immediately end the credit for leased EVs made outside North America.</p><p>Republicans have taken aim at EVs on a number of fronts, a u-turn from former President Joe Biden&#39;s policy that encouraged electric vehicles and renewable energy to fight climate change and reduce emissions.</p><p>The Republican Senate Finance Committee proposal would also end a $4,000 used-vehicle EV tax credit 90 days after the bill&#39;s approval.</p><p>The Senate Republicans propose to end, effective June 16, the $7,500 credit for leased vehicles that would also not meet the purchasing credit. Currently leased vehicles qualify without any restrictions on content or where they were assembled.</p><p>Leased vehicles could still get the tax credit for 180 more days after passage of the measure if they meet the same <u>stringent North American assembly, battery and</u> critical mineral content rules as purchased vehicles.</p><p>The House of Representatives version would allow the $7,500 new-EV tax credit to continue through the end of 2025, and through the end of 2026 for automakers that have not yet sold 200,000 EVs before killing it.</p><p>The Republican Senate proposal would exempt interest paid on auto loans from taxes for new cars made in the U.S. through 2028, but phases it out for individual taxpayers making more than $100,000 annually.</p><p>The House bill would impose a new $250 annual fee on EVs for road repair costs and $100 for hybrid vehicles. The House bill would phase out EV battery production tax credits in 2028.</p><p>President Donald Trump last week signed a resolution approved by Congress to bar California&#39;s landmark plan to end the sale of gasoline-only vehicles by 2035, which has been adopted by 11 other states representing a third of the U.S. auto market.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Senate Republican Bill Would End $7,500 EV Tax Credit 180 Days After Approval</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSenate Republican Bill Would End $7,500 EV Tax Credit 180 Days After Approval\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-18 09:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - U.S. Senate Republicans on Monday proposed a tax and budget bill that would end the $7,500 tax credit on new electric vehicle sales 180 days after the measure is signed into law and immediately end the credit for leased EVs made outside North America.</p><p>Republicans have taken aim at EVs on a number of fronts, a u-turn from former President Joe Biden&#39;s policy that encouraged electric vehicles and renewable energy to fight climate change and reduce emissions.</p><p>The Republican Senate Finance Committee proposal would also end a $4,000 used-vehicle EV tax credit 90 days after the bill&#39;s approval.</p><p>The Senate Republicans propose to end, effective June 16, the $7,500 credit for leased vehicles that would also not meet the purchasing credit. Currently leased vehicles qualify without any restrictions on content or where they were assembled.</p><p>Leased vehicles could still get the tax credit for 180 more days after passage of the measure if they meet the same <u>stringent North American assembly, battery and</u> critical mineral content rules as purchased vehicles.</p><p>The House of Representatives version would allow the $7,500 new-EV tax credit to continue through the end of 2025, and through the end of 2026 for automakers that have not yet sold 200,000 EVs before killing it.</p><p>The Republican Senate proposal would exempt interest paid on auto loans from taxes for new cars made in the U.S. through 2028, but phases it out for individual taxpayers making more than $100,000 annually.</p><p>The House bill would impose a new $250 annual fee on EVs for road repair costs and $100 for hybrid vehicles. The House bill would phase out EV battery production tax credits in 2028.</p><p>President Donald Trump last week signed a resolution approved by Congress to bar California&#39;s landmark plan to end the sale of gasoline-only vehicles by 2035, which has been adopted by 11 other states representing a third of the U.S. auto market.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VFS":"VinFast Auto","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4527":"明星科技股","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","SG9999015978.USD":"利安颠覆性创新基金A","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","ZK":"极氪","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0056508442.USD":"贝莱德世界科技基金A2","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","TSPH":"CreateAI Holdings Inc.","NIO":"蔚来","TSYW.SI":"TESLA 3xLongSG261006","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","F":"福特汽车","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","BK4559":"巴菲特持仓","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","FSR":"菲斯克","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","SEV":"Aptera Motors","BK4548":"巴美列捷福持仓","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","LCID":"Lucid Group Inc","LU1861215975.USD":"贝莱德新一代科技基金 A2","XPEV":"小鹏集团","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4598":"佩洛西持仓","BK4574":"无人驾驶","GM":"通用汽车","RIVN":"Rivian Automotive, Inc.","TSLA":"特斯拉","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","BK4561":"索罗斯持仓","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","LI":"理想汽车"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250616:nL1N3SJ10N:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2544983257","content_text":"(Reuters) - U.S. Senate Republicans on Monday proposed a tax and budget bill that would end the $7,500 tax credit on new electric vehicle sales 180 days after the measure is signed into law and immediately end the credit for leased EVs made outside North America.Republicans have taken aim at EVs on a number of fronts, a u-turn from former President Joe Biden's policy that encouraged electric vehicles and renewable energy to fight climate change and reduce emissions.The Republican Senate Finance Committee proposal would also end a $4,000 used-vehicle EV tax credit 90 days after the bill's approval.The Senate Republicans propose to end, effective June 16, the $7,500 credit for leased vehicles that would also not meet the purchasing credit. Currently leased vehicles qualify without any restrictions on content or where they were assembled.Leased vehicles could still get the tax credit for 180 more days after passage of the measure if they meet the same stringent North American assembly, battery and critical mineral content rules as purchased vehicles.The House of Representatives version would allow the $7,500 new-EV tax credit to continue through the end of 2025, and through the end of 2026 for automakers that have not yet sold 200,000 EVs before killing it.The Republican Senate proposal would exempt interest paid on auto loans from taxes for new cars made in the U.S. through 2028, but phases it out for individual taxpayers making more than $100,000 annually.The House bill would impose a new $250 annual fee on EVs for road repair costs and $100 for hybrid vehicles. The House bill would phase out EV battery production tax credits in 2028.President Donald Trump last week signed a resolution approved by Congress to bar California's landmark plan to end the sale of gasoline-only vehicles by 2035, which has been adopted by 11 other states representing a third of the U.S. auto market.","news_type":1,"symbols_score_info":{"RIDE":1.1,"TSPH":1.1,"TSYW.SI":0.6,"LI":1.1,"NIO":1.1,"ZK":1.1,"VFS":1.1,"TSLA":0.9,"FFIE":1.1,"GOEV":1.1,"FSR":1.1,"LCID":1.1,"F":0.9,"SEV":1.1,"GM":0.9,"XPEV":1.1,"RIVN":1.1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":447091715117208,"gmtCreate":1750174100501,"gmtModify":1750176842323,"author":{"id":"4140090365269462","authorId":"4140090365269462","name":"a4xrbj1","avatar":"https://community-static.tradeup.com/news/9d8912bc5b3237f119291ecf0caa4d5a","vip":1,"crmLevel":12,"crmLevelSwitch":1,"wearingBadges":[],"authorIdStr":"4140090365269462","idStr":"4140090365269462"},"htmlText":"RIP Tesla - finally you can show how you can make a profit without all the billions of dollars of Government support and subsidies you've got from the last couple administrations. I hope they also cut back their subsidies for Space X as well now that the grifters Trump and Musk have directed all kinds of Government contracts to SpaceX and killed all alternative programs&nbsp;","listText":"RIP Tesla - finally you can show how you can make a profit without all the billions of dollars of Government support and subsidies you've got from the last couple administrations. I hope they also cut back their subsidies for Space X as well now that the grifters Trump and Musk have directed all kinds of Government contracts to SpaceX and killed all alternative programs&nbsp;","text":"RIP Tesla - finally you can show how you can make a profit without all the billions of dollars of Government support and subsidies you've got from the last couple administrations. I hope they also cut back their subsidies for Space X as well now that the grifters Trump and Musk have directed all kinds of Government contracts to SpaceX and killed all alternative programs","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/447091715117208","repostId":2544983257,"repostType":2,"repost":{"id":"2544983257","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1750209474,"share":"https://ttm.financial/m/news/2544983257?lang=en_US&edition=fundamental","pubTime":"2025-06-18 09:17","market":"us","language":"en","title":"Senate Republican Bill Would End $7,500 EV Tax Credit 180 Days After Approval","url":"https://stock-news.laohu8.com/highlight/detail?id=2544983257","media":"Reuters","summary":"Senate Republican bill would end $7,500 EV tax credit 180 days after approvalWASHINGTON, June 16  - Senate Republicans on Monday proposed a tax and budget bill that would end the $7,500 tax credit on new electric vehicles 180 days after the measure is signed into law, and it would end a $4,000 used-vehicle EV tax credit 90 days after the bill's approval.The House of Representatives version would allow the $7,500 new-EV tax credit to continue through the end of 2025, and through the end of 2026 for automakers that have not yet sold 200,000 EVs. The Republican Senate Finance Committee bill would exempt interest paid on auto loans from taxes for new cars made in the United States.  ","content":"<html><head></head><body><p>(Reuters) - U.S. Senate Republicans on Monday proposed a tax and budget bill that would end the $7,500 tax credit on new electric vehicle sales 180 days after the measure is signed into law and immediately end the credit for leased EVs made outside North America.</p><p>Republicans have taken aim at EVs on a number of fronts, a u-turn from former President Joe Biden&#39;s policy that encouraged electric vehicles and renewable energy to fight climate change and reduce emissions.</p><p>The Republican Senate Finance Committee proposal would also end a $4,000 used-vehicle EV tax credit 90 days after the bill&#39;s approval.</p><p>The Senate Republicans propose to end, effective June 16, the $7,500 credit for leased vehicles that would also not meet the purchasing credit. Currently leased vehicles qualify without any restrictions on content or where they were assembled.</p><p>Leased vehicles could still get the tax credit for 180 more days after passage of the measure if they meet the same <u>stringent North American assembly, battery and</u> critical mineral content rules as purchased vehicles.</p><p>The House of Representatives version would allow the $7,500 new-EV tax credit to continue through the end of 2025, and through the end of 2026 for automakers that have not yet sold 200,000 EVs before killing it.</p><p>The Republican Senate proposal would exempt interest paid on auto loans from taxes for new cars made in the U.S. through 2028, but phases it out for individual taxpayers making more than $100,000 annually.</p><p>The House bill would impose a new $250 annual fee on EVs for road repair costs and $100 for hybrid vehicles. The House bill would phase out EV battery production tax credits in 2028.</p><p>President Donald Trump last week signed a resolution approved by Congress to bar California&#39;s landmark plan to end the sale of gasoline-only vehicles by 2035, which has been adopted by 11 other states representing a third of the U.S. auto market.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Senate Republican Bill Would End $7,500 EV Tax Credit 180 Days After Approval</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSenate Republican Bill Would End $7,500 EV Tax Credit 180 Days After Approval\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-18 09:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - U.S. Senate Republicans on Monday proposed a tax and budget bill that would end the $7,500 tax credit on new electric vehicle sales 180 days after the measure is signed into law and immediately end the credit for leased EVs made outside North America.</p><p>Republicans have taken aim at EVs on a number of fronts, a u-turn from former President Joe Biden&#39;s policy that encouraged electric vehicles and renewable energy to fight climate change and reduce emissions.</p><p>The Republican Senate Finance Committee proposal would also end a $4,000 used-vehicle EV tax credit 90 days after the bill&#39;s approval.</p><p>The Senate Republicans propose to end, effective June 16, the $7,500 credit for leased vehicles that would also not meet the purchasing credit. Currently leased vehicles qualify without any restrictions on content or where they were assembled.</p><p>Leased vehicles could still get the tax credit for 180 more days after passage of the measure if they meet the same <u>stringent North American assembly, battery and</u> critical mineral content rules as purchased vehicles.</p><p>The House of Representatives version would allow the $7,500 new-EV tax credit to continue through the end of 2025, and through the end of 2026 for automakers that have not yet sold 200,000 EVs before killing it.</p><p>The Republican Senate proposal would exempt interest paid on auto loans from taxes for new cars made in the U.S. through 2028, but phases it out for individual taxpayers making more than $100,000 annually.</p><p>The House bill would impose a new $250 annual fee on EVs for road repair costs and $100 for hybrid vehicles. The House bill would phase out EV battery production tax credits in 2028.</p><p>President Donald Trump last week signed a resolution approved by Congress to bar California&#39;s landmark plan to end the sale of gasoline-only vehicles by 2035, which has been adopted by 11 other states representing a third of the U.S. auto market.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VFS":"VinFast Auto","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4527":"明星科技股","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","SG9999015978.USD":"利安颠覆性创新基金A","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","ZK":"极氪","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0056508442.USD":"贝莱德世界科技基金A2","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","TSPH":"CreateAI Holdings Inc.","NIO":"蔚来","TSYW.SI":"TESLA 3xLongSG261006","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","F":"福特汽车","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","BK4559":"巴菲特持仓","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","FSR":"菲斯克","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","SEV":"Aptera Motors","BK4548":"巴美列捷福持仓","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","LCID":"Lucid Group Inc","LU1861215975.USD":"贝莱德新一代科技基金 A2","XPEV":"小鹏集团","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4598":"佩洛西持仓","BK4574":"无人驾驶","GM":"通用汽车","RIVN":"Rivian Automotive, Inc.","TSLA":"特斯拉","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","BK4561":"索罗斯持仓","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","LI":"理想汽车"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250616:nL1N3SJ10N:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2544983257","content_text":"(Reuters) - U.S. Senate Republicans on Monday proposed a tax and budget bill that would end the $7,500 tax credit on new electric vehicle sales 180 days after the measure is signed into law and immediately end the credit for leased EVs made outside North America.Republicans have taken aim at EVs on a number of fronts, a u-turn from former President Joe Biden's policy that encouraged electric vehicles and renewable energy to fight climate change and reduce emissions.The Republican Senate Finance Committee proposal would also end a $4,000 used-vehicle EV tax credit 90 days after the bill's approval.The Senate Republicans propose to end, effective June 16, the $7,500 credit for leased vehicles that would also not meet the purchasing credit. Currently leased vehicles qualify without any restrictions on content or where they were assembled.Leased vehicles could still get the tax credit for 180 more days after passage of the measure if they meet the same stringent North American assembly, battery and critical mineral content rules as purchased vehicles.The House of Representatives version would allow the $7,500 new-EV tax credit to continue through the end of 2025, and through the end of 2026 for automakers that have not yet sold 200,000 EVs before killing it.The Republican Senate proposal would exempt interest paid on auto loans from taxes for new cars made in the U.S. through 2028, but phases it out for individual taxpayers making more than $100,000 annually.The House bill would impose a new $250 annual fee on EVs for road repair costs and $100 for hybrid vehicles. The House bill would phase out EV battery production tax credits in 2028.President Donald Trump last week signed a resolution approved by Congress to bar California's landmark plan to end the sale of gasoline-only vehicles by 2035, which has been adopted by 11 other states representing a third of the U.S. auto market.","news_type":1,"symbols_score_info":{"RIDE":1.1,"TSPH":1.1,"TSYW.SI":0.6,"LI":1.1,"NIO":1.1,"ZK":1.1,"VFS":1.1,"TSLA":0.9,"FFIE":1.1,"GOEV":1.1,"FSR":1.1,"LCID":1.1,"F":0.9,"SEV":1.1,"GM":0.9,"XPEV":1.1,"RIVN":1.1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":false,"newsSizeData":{"likeSize":9,"commentSize":2,"repostSize":2,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}