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Dems Unveil $15,000 EV Tax Credit Bill with Little Chance of Passage

WHY IT MATTERS

The bill’s unlikely passage means consumers cannot rely on the promised incentives, potentially slowing EV adoption and affecting manufacturers’ sales projections.

What happened

Democrats have introduced the 21st Century Vehicle Choice Act (H.R. 10881), a bill that would restore and double the federal electric‑vehicle tax credit. Rep. Greg Landsman (D‑OH) proposes a $15,000 credit for new EVs and an $8,000 credit for used ones, and would make both credits permanent. The proposal comes after the previous draft failed to meet congressional criteria. Analysts say the bill faces a near‑certain defeat, with little chance of passage in the current session. If consumers wait for the new credit, the delay could stall EV sales and hurt the market the legislation intends to support. The bill’s failure underscores the uncertainty surrounding federal incentives for electric vehicles.

LINKED SOURCES

Dems introduce new $15,000 EV tax credit bill that has no chance — and that’s a problem

Electrek · Fred Lambert · Discovery only; publisher copyright terms apply

AI-assisted summary · THELAST.NEWSRevision 11 linked source

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