Recently Enacted US Budget Act Ends Tax Incentives For EV Buyers

(MENAFN- Investor Brand Network) President Donald Trump's Big Beautiful Bill will put a definitive end to federal tax incentives for electric vehicle buyers. In its quest to undo most of the Biden administration's climate action-related policies, the Trump administration initially laid out a timeline for phasing out EV tax credits through 2025. However, the recently passed Big Beautiful Bill will effectively end the federal EV incentive on September 30th.

Entities like Massimo Group (NASDAQ: MAMO) are likely to study how the...

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