Thinking about buying an EV? Most are set to become $7,500 more expensive come October

Thinking about buying an EV? Most are set to become $7,500 more expensive come October

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President Trump’s Big, Beautiful Bill will strip away the federal tax subsidy for new, used and leased EVs despite hiking the debt ceiling by $5 trillion. Carmakers may decide to begin reducing production volumes now in order not to be stuck with excess inventory after September ends. That means…

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