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Here are all the EVs that are set to get more expensive now that the 'Big Beautiful Bill' has passed

  • The 'Big Beautiful Bill' passed by the US House of Representatives and signed into law by President Donald Trump eliminates the $7,500 tax credit for new, US-made electric vehicles, making EVs more expensive.
  • Some of the best-selling EVs, like Tesla's Model Y and Model 3, will no longer qualify for the tax credit, leading to an increase in their prices.
  • There are currently 20 electric and hybrid vehicles that qualify for the $7,500 discount, with specific criteria such as price limits and income thresholds for buyers.
  • Auto industry experts warn that the removal of the tax credit will impact the affordability of EVs, prompting some automakers to adjust their prices and possibly affect the EV market.

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