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Senate Climate Bill Could Hinder Electric Vehicle Sales

The Inflation Reduction Act helps combat climate change, but what about boosting adoption of EVs? There are tax credits to help purchase these automobiles, but thanks to a stipulation from Sen. Joe Manchin, many electric vehicles may not be eligible for it. Automakers warn their 2023 EV sales targets could be at risk. But experts still say EVs are winners if the bill becomes law.

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Senate Climate Bill Could Hinder Electric Vehicle Sales
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    The Latest on Electric Vehicles

    If you want an electric car, buy one this week
    1.

    If you want an electric car, buy one this week

    If you're thinking of buying an electric car any time soon, you'd better place your order before President Biden signs the Democrats' big climate, …

    Automakers say U.S. Senate bill will jeopardize 2030 EV targets
    3.

    Automakers say U.S. Senate bill will jeopardize 2030 EV targets

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    Reuters

    WASHINGTON, Aug 7 (Reuters) - A group representing General Motors (GM.N), Toyota Motor (7203.T), Volkswagen (VOWG_p.DE) and other major automakers said a $430 billion bill approved Sunday by the U.S. Senate will put achieving U.S. electric-vehicle adoption targets for 2030 in …

    Gas prices are falling. So is interest in electric cars
    6.

    Gas prices are falling. So is interest in electric cars

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    CNN - Peter Valdes-Dapena

    CNN — As gas prices rose in the the first three months of 2022, interest among car shoppers in hybrid and electric cars rose right along with it. That’s not too surprising, since so-called “electrified” cars cost less to fuel than gasoline-only cars. And shopping interest in electrified cars also …

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