EV Backers Express Muted Optimism About Senate Reconciliation Bill

July 12, 2022
Electric vehicle (EV) proponents are expressing cautious optimism that pending Senate climate legislation will include some incentives for the non-emitting technology, but they nonetheless expect any provisions to be significantly scaled back from prior House plans and to likely omit point-of-sale rebates to consumers. EV incentives are “one of the toughest issues” for senators to reach agreement on as part of an attempt to reach a broader deal on a budget “reconciliation” package, says one Senate source, referencing a barrage...


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