As part of the One Big Beautiful Bill Act, tax breaks for electric vehicles (EVs) from the Inflation Reduction Act will end after September 30. The change has left consumers, particularly in California, wondering what the EV market will look like moving forward.
The end of EV credits will “impact the market some,” Bracewell’s Frank Maisano told The Sacramento Bee, but maybe less so in California where EVs have had a higher uptake than in other states.
“We are almost beyond the early adopters, especially in California, so incentives can be helpful to get new first-time EV owners, but it is still a struggle to get them in EVs because some people just don’t like the inconveniences that come with EVs,” Maisano said.
