House Democrat Proposes $15,000 Federal EV Tax Credit in Long-Shot Bill

Representative Greg Landsman has introduced legislation proposing a permanent federal tax credit of up to $15,000 for new EVs and $8,000 for used models. Despite doubling previous incentives, the bill faces virtually insurmountable odds in Congress. Analysts warn that unrealistic subsidy proposals could inadvertently stall current EV adoption if prospective buyers delay purchases in anticipation of bigger incentives.