<ul data-eligibleForWebStory="false"><li>President Trump's new bill ends federal EV tax credit, affecting new, used, and leased vehicles.</li><li>To qualify for the $7,500 tax credit, buy an eligible EV before Sept. 30, 2025.</li><li>Income limits apply for tax credit eligibility; credits available upfront through dealership.</li><li>Tesla Model Y, Hyundai Ioniq 9, Kia EV6 qualify for the tax credit in 2025.</li><li>Tax credit applies to new, used, and leased EVs; program ends summer 2025.</li></ul>

The EV Tax Credit Is Going Away. Here’s What You Need To Know

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