Thursday, July 31, 2025

Congress Just Eliminated the Three Biggest Subsidies for EVs

Good news! Other Western countries should follow! Long overdue to end this folly!

Gone are the superfluous and unfair government subsidies for middle and high income earners!

"... But what has received far less attention is a significant achievement of this Congress: eliminating the three major policy levers that have artificially supported the electric vehicle market for over a decade. Not phasing them out by 2030 but eliminating them immediately in 2025. These three policy levers accounted for up to $60,000 in subsidies per EV in 2023. Now, for the first time since the 1990s, electric and gasoline vehicles will compete on a mostly level playing field. ..."

Congress Just Eliminated the Three Biggest Subsidies for EVs - Texas Public Policy Foundation

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