Related: Proposed U.S. Border Tax Shelved
House Plan Would Eliminate EV Tax Credit
A $7,500 federal tax credit that has fueled sales of plug-in electric vehicles in recent years could be eliminated if House Republicans can include the proposal in the tax cut bill now under discussion, reports Reuters.
A $7,500 federal tax credit that has fueled sales of plug-in electric vehicles in recent years could be eliminated if House Republicans can include the proposal in a tax cut bill now under discussion, reports Reuters.
The elimination of the credit could crush sales of electrified vehicles such as the Tesla Model 3, Chevrolet Bolt, and Nissan Leaf. The Obama-era credits were put in place in 2008 and 2009 for plug-in and converted plug-in electric vehicles.
Electric vehicle sales collapsed in Georgia after the state eliminated its $5,000 state credit in June of 2015, reports Bloomberg. Fewer than 100 electrified cars were sold per month after the incentive was no longer offered, compared with 1,400 per month before the move.
Environmental groups and an automotive industry trade group criticized the proposal. General Motors said the credits "help accelerate the acceptance of electric vehicles," reports Reuters.
Originally posted on Automotive Fleet
More Green Fleet

Green Motion Expands Its African Presence with Mozambique Launch
This new rental car outlet reflects the growing demand for reliable transportation and the emphasis on sustainable travel across the continent.
Read More →
Survey: New Tech Tools, Sharper Pricing Plans, and Focused Service Can Improve Rental Car Industry
ICRS 2025: What are key trends, challenges, and opportunities confronting rental car operators this year?
Read More →
Green Motion Adds South Korea to Its Asian Service Region
The first Green Motion locations in South Korea are scheduled to open in key travel hubs during the coming months, including Seoul, Jeju, and Busan International Airports.
Read More →
Federal Highway Administration Halts EV Charger Funding, Delaying National Expansion Plans
The FHWA has rescinded funding for the NEVI Formula Program, delaying nationwide EV expansion as policies undergo federal review.
Read More →
Operator Outlook: EVs Slow to Charm Rental Car Industry
2025 ARN Fact Book: Electric vehicles still must prove their reliability and worth in a fleet sector that puts rolling metal on the ground 24/7 for a demanding customer base.
Read More →
Green Motion Opens Franchise in Germany’s Most Populous State
The rental car outlet brings its hybrid and electric vehicles and sustainable approach to business to one of Europe’s most economically powerful regions.
Read More →
U.S. EV Sales Push to Record 1.3 Million in 2024
Domestic sales of EVs benefitted from strong incentives from the automakers, excellent lease deals, and federal and state incentive programs.
Read More →
Electric Vehicles Still Destined to Succeed
2025 ARN Fact Book ACRA Column: The technology, lower costs, and energy improvements of future electric vehicles will make them too good to turn down. Rental fleets should prepare now.
Read More →
4 Global Trends in Carsharing for 2025
Despite operational challenges and questions, the global car-sharing market continues growing and will likely double during the next decade.
Read More →
Green Motion Appoints Master Franchise for New Zealand
The provider of green vehicles expands its sustainable car rental options further into the APAC region.
Read More →
