I Covered the EV Boom. The End of the Federal Tax Credit Feels Like the End of an Era

The end of the $7,500 federal electric car tax credit today (Sept. 30) arrives with strong emotions from many people. Despite My Misgivings, the EV Tax Credit Was a WinTo be honest, EV tech was probably not ready for the hype, and that’s why, over the last few years, the cracks started to show. Still, the EV tax credit was a powerful tool—and it worked. The End of the Credit Should Bring a Focus on ResearchSo, where does this leave us when the EV tax credit ends on the 30th? For now, let’s pour one out for the $7,500 federal EV tax credit in its final hours.