Top GOP Senators Tout Bill To Axe EV Credits, With Ultimate Fate Unclear

Two top Senate Republicans are introducing a bill to repeal the Inflation Reduction Act’s (IRA) consumer and commercial electric vehicle (EV) tax credits, as questions swirl on the Hill about whether Republicans have the votes for a full repeal of the credits or whether industry pressure may lead to a narrower rollback option. Sen. John Barrasso (R-WY), the No. 2 Senate Republican, introduced the bill Feb. 12, and it is being co-sponsored by Majority Leader John Thune (R-SD) and 13...