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Benzinga

Business

Badar Shaikh

Trump's 'Big Bautiful Bill' Passes—EV Tax Breaks To End On September 30: What It Means For Electric Vehicles

Donald Trump Elon Musk House of Representatives United States

Electric car EV charging

President Donald Trump's controversial One Big, Beautiful Bill has passed the House of Representatives with a 218-214 vote, with Trump expected to sign the bill into law on July 4. Here's what it means for EVs in the U.S.

What Happened: "It is obvious that the future of transportation is electric; this bill forfeits America's role in that future to China," The Electrification Coalition, a pro-EV group, said on Thursday, according to Reuters.

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