The Senate's current version of a significant tax and spending bill threatens to end tax credits for electric vehicles by September 30, 2023, which is sooner than the House's proposed 2025-2026 timeline. This potential policy shift has disappointed EV proponents, who fear it undermines U.S. competitiveness in the electric vehicle sector. Various stakeholders, including auto dealers who initially opposed EVs, have called for a transitional period for tax credits to mitigate market disruption. Meanwhile, contrasting viewpoints arise from groups celebrating the potential repeal, arguing against government incentives for electric vehicles.
"To vote for this bill as written is to effectively abandon the goal we all share of making the United States globally competitive in the mineral, battery, and vehicle production markets of the future," Albert Gore III, the executive director of the Zero Emission Transportation Association, wrote in a statement.
"Extending green giveaways on the backs of American taxpayers is shortsighted and neglectful," the group's president, Tom Pyle, wrote in a statement.
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