House Bill Threatens EV Growth by Slashing Subsidies, Raising Costs
A recent House-passed tax bill could reshape the electric vehicle (EV) landscape in the U.S., eliminating key subsidies that have fueled adoption and manufacturing. Reported by The New York Times, the legislation, if enacted, would raise EV prices, slow sales, and hinder America’s competitiveness in clean energy, while imposing new fees on owners. Subsidy Cuts…