That might include the EV tax credit, which is currently set to expire at the end of 2032. In general, the credit is worth up to $7,500 for qualified new vehicles, or up to $4,000 for qualified used vehicles. House Speaker Mike Johnson this week told Bloomberg that Republicans in the U.S. House of Representatives might end the credit, however.

Republicans in the U.S. House of Representatives on Monday proposed killing the electric vehicle tax credit and repealing fuel efficiency rules designed to prod automakers into building more zero-emission vehicles as part of a broad-based tax reform bill.

House Republicans’ plans for their party’s “big, beautiful” tax and spending bill include new federal fees for electric vehicles and hybrids.

According to the plan, the residential clean energy credit, which provides a 30% tax credit for home solar panels, batteries, geothermal heat pumps and more, would expire at the end of 2025. The credit is currently set to expire at the end of 2034. The tax credit for rooftop solar panels has existed, in some form or another, since 2005 .

Carmakers that have yet to sell 200,000 EVs would be granted until the end of 2026; the rest would see the credit axed this winter.

In a move with profound implications for the future of electric mobility in the United States, House Republicans have proposed scrapping key federal EV tax

Republicans in the US House are more likely than not to kill a consumer tax credit for electric vehicles, according to Speaker Mike Johnson.

Chief among the proposed cuts is the repeal of the electric vehicle (EV) tax credits—$7,500 for new EVs and $4,000 for used models—effective from Dec. 31.