How The Big Beautiful Bill (And Executive Orders) Will Likely Impact The US Auto Market In Unexpected Ways - CleanTechnica

The article analyzes the complex and somewhat contradictory impacts of a recently passed US bill and related executive orders on the electric vehicle (EV) market. Key incentives such as the $7,500 new EV tax credit, the $4,000 used EV credit, and the commercial clean vehicle credit are set to expire on September 30th, which is expected to trigger a surge in EV purchases in the third quarter as consumers rush to take advantage of the remaining incentives. While battery manufacturing credits remain, new sourcing restrictions complicate qualification, potentially increasing costs and limiting benefits. Additionally, zero-emission vehicle (ZEV) credits remain but with penalties eliminated, reducing the urgency for manufacturers to meet ZEV goals. Tesla, as the dominant US EV seller, faces particular challenges and strategic decisions amid these changes. Despite expectations, Tesla did not release a more affordable EV model by mid-2024, possibly delaying introduction until closer to the incentive deadline to capitalize on increased demand. The company may also forgo qualifying new