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- These EVs are set to become a lot more expensive under Trump's 'Big Beautiful Bill'</p>
<p>Tom Carter July 5, 2025 at 8:11 PM</p>
<p>Tesla's Model Y and 3, two of the best-selling EVs in the US, are among the vehicles that qualify for the tax credit.Martin Berry/UCG/Universal Images Group via Getty Images -</p>
<p>Some of the best-selling EVs are about to become a lot more expensive.</p>
<p>Trump's "Big Beautiful Bill" eliminates the $7,500 tax credit for new electric cars.</p>
<p>Here are the 20 electric and hybrid vehicles that qualify for the $7,500 discount.</p>
<p>President Donald Trump's "Big Beautiful Bill" is about to make EVs even more expensive.</p>
<p>On Thursday, the US House of Representatives passed Trump's tax and spending bill, and in doing so, killed the $7,500 tax credit for new, US-made electric vehicles.</p>
<p>Trump signed the bill into law on Friday, meaning that the tax incentive will end on September 30th.</p>
<p>Auto industry experts have previously warned that removing the $7,500 credit will make EVs even more unaffordable, and there are already signs that some automakers are starting to adjust their prices.</p>
<p>Jeff Bezos-backed EV startup Slate Auto quietly removed the "under $20,000" expected price tag for its upcoming electric pickup truck from its website this week. The company had previously said it expected the customizable pickup to qualify for federal tax incentives.</p>
<p>20 electric and hybrid vehicles currently benefit from the $7,500 tax credit, according to the US Department of Energy's website — but for buyers looking to snap them up before the discount goes away, there are a couple of important caveats.</p>
<p>For starters, not every version of those vehicles meets the criteria for the tax incentive.</p>
<p>Some are limited to specific model years and trims. For example, only the 2026 version of the Hyundai IONIQ 9 qualifies for the tax credit.</p>
<p>There is also a max retail price limit of $80,000 for vans, SUVs, and pickups, and $55,000 for all other vehicles.</p>
<p>In addition, the credit is only available to buyers with an adjusted gross income of $150,000 or less, although the limit extends to $300,000 for married couples filing jointly and $225,000 for heads of households.</p>
<p>There is also a separate federal tax credit of up to $4,000 for used EVs and hybrids, which applies to a much wider range of vehicles, but that will also come to an end in September once Trump signs the bill into law.</p>
<p>Every EV that qualifies for the $7,500 tax credit -</p>
<p>Acura ZDX</p>
<p>Cadillac LYRIQ</p>
<p>Cadillac OPTIQ</p>
<p>Cadillac VISTIQ</p>
<p>Chevrolet Blazer</p>
<p>Chevrolet Equinox</p>
<p>Chevrolet Silverado</p>
<p>Chrysler Pacifica (hybrid)</p>
<p>Ford F150 Lightning</p>
<p>Genesis Electrified GV70</p>
<p>GMC Sierra</p>
<p>Honda Prologue</p>
<p>Hyundai IONIQ 5</p>
<p>Hyundai IONIQ 9</p>
<p>Jeep Wagoneer S</p>
<p>Kia EV6</p>
<p>Kia EV9</p>
<p>Tesla Cybertruck</p>
<p>Tesla Model 3</p>
<p>Tesla Model X</p>
<p>Tesla Model Y</p>
<p>on Business Insider</p>
Source: AOL Money
Source: AsherMag
Full Article on Source: Astro Blog
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