<ul><li>House Republicans have proposed a budget bill that would end the $7,500 tax credit for electric vehicles, potentially hurting automakers like G.M. and Ford.</li><li>The bill would also remove a $4,000 credit for used electric vehicles and impose restrictions on other tax breaks for automakers investing in new battery plants.</li><li>Analysts predict a surge in electric vehicle sales as consumers rush to benefit from the tax credit before it is eliminated, but sales may slow down once the credits are discontinued.</li><li>Research firm Cox Automotive estimates that electric vehicles could account for almost a third of new vehicle purchases by 2030 if tax credits remain unchanged, but the proposed changes could significantly impact adoption rates.</li></ul>

Republican Bill to End E.V. Tax Credit Could Hurt G.M. and Ford

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