{"id":14542,"date":"2025-06-27T17:09:35","date_gmt":"2025-06-27T21:09:35","guid":{"rendered":"https:\/\/pluginamerica.org\/?p=14542"},"modified":"2025-07-03T14:38:55","modified_gmt":"2025-07-03T18:38:55","slug":"carmax-carvana-and-automotive-stakeholders-urge-u-s-senate-to-keep-ev-tax-credits","status":"publish","type":"post","link":"https:\/\/pluginamerica.org\/carmax-carvana-and-automotive-stakeholders-urge-u-s-senate-to-keep-ev-tax-credits\/","title":{"rendered":"Carmax, Carvana, and automotive stakeholders urge Congress to keep EV tax credits"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">As we\u2019ve previously explained, <\/span><a href=\"https:\/\/pluginamerica.org\/why-federal-ev-tax-credits-are-still-important\/\"><span style=\"font-weight: 400;\">cutting the EV tax credits now would be a costly mistake<\/span><\/a><span style=\"font-weight: 400;\">. If the EV tax credits are rolled back:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">People will lose hundreds of thousands of jobs, and companies will lose billions of dollars in investments. Since January, uncertainty about federal support for clean energy projects has cost <\/span><a href=\"https:\/\/e2.org\/releases\/may-25-clean-economy-works\/\"><span style=\"font-weight: 400;\">$15.5 billion in investments<\/span><\/a><span style=\"font-weight: 400;\"> and nearly 12,000 lost jobs.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">American auto manufacturers will fall behind as the rest of the world transitions to electric. The future of the auto industry is up for grabs, and the future of the auto industry is electric.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Innovation will stall, and with it the burgeoning industries and companies in EV-adjacent spaces like battery recycling. The tax credits help build domestic supply chains and energy security.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">U.S. drivers will be shackled to expensive oil and gas, which also leads to more pollution and health problems.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Businesses and consumers need certainty to move forward. The EV tax credits work and are carefully designed to ensure responsible consumer use and support manufacturing and supply chain development.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Because cutting the tax credits would harm consumers and businesses, major auto retailers like Carmax and Carvana, individual dealers, and other automotive stakeholders have signed <\/span><span style=\"font-weight: 400;\">open letters<\/span><span style=\"font-weight: 400;\"> to Congress, calling for them to keep the suite of EV tax credits.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This letter was sent to the House of Representatives on July 2, 2025. Other car dealerships and automotive principals may <\/span><a href=\"https:\/\/docs.google.com\/forms\/d\/e\/1FAIpQLSeUAXy6UnymiUZNxMvRktFKsHw8M3NRQv6hNDN3XLrJQfQi-Q\/viewform?_hsenc=p2ANqtz--AihwGRSFIXpDKMW1uUaqWLF-FzHDL8F_tdiH7kpkfNw1bzzlGwJYkIpDR0mm4sX23Z8Ip\"><span style=\"font-weight: 400;\">sign the open letter here<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">Dear Members of Congress,<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We are auto dealerships and supporters from across the country who share a deep commitment to the customers and communities that we serve. We urge you to reject the provisions in the budget reconciliation process that would increase costs for Americans who want to drive electric vehicles.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For years, dealerships like ours have invested billions of dollars as small businesses to serve our communities, to improve EV education, and offer exceptional service.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We need a stable and consistent market for our dealerships to plan, invest, and grow. Recent attempts to abruptly roll back key EV-related Inflation Reduction Act tax credits pose a serious threat to our business continuity and the industry\u2019s long-term investments based on previous market signals and American leadership. Collectively, changes on such a rapid timeline would introduce significant uncertainty and deter investment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We urge Congress to consider moderation on the pace of overhauling<\/span><span style=\"font-weight: 400;\"> the critical tax credits that our customers are counting on for new and used electric vehicles and to deploy electric vehicle chargers.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Used EV rebates in particular have provided a valuable bridge for working- and middle-class Americans. For car dealerships, these time-of-sale rebates have enabled us to better serve our customers and expand our businesses. Many of us have built substantial used EV businesses in markets with a lower cost of living, selling to customers who can then reduce their monthly household costs. For many of our working-class customers, the used EV rebate becomes the down payment that enables a vehicle purchase at all.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The following incentives are valuable for our businesses and must continue, even in a reduced form, for at least the next several years:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">25E &#8211; Credit for Previously-Owned Clean Vehicles;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">30C &#8211; Alternative Fuel Vehicle Refueling Property Credit;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">30D &#8211; Clean Vehicle Credit;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">45W &#8211; Credit for Qualified Commercial Clean Vehicles;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">45X &#8211; Advanced Manufacturing Production Tax Credit.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">A gradual sunset of the EV-related rebates, rather than an abrupt repeal, is essential to serve the interests of American consumers as well as car dealerships and the broader auto industry. A slow phase-out would ensure market stability. Sudden elimination will disrupt the used car market, a backbone of the American economy. A multi-year transitional period would also provide the opportunity for Americans to continue adopting cleaner vehicles more affordably. Finally, many independent and family-owned dealerships are depending on the current incentive structure to remain competitive. An immediate repeal could disproportionately affect these businesses, reducing jobs and opportunities in communities nationwide.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A <\/span><a href=\"https:\/\/theicct.org\/pr-ira-repeal-threatens-130000-american-jobs-by-2030\/\"><span style=\"font-weight: 400;\">report<\/span><\/a><span style=\"font-weight: 400;\"> from the International Council on Clean Transportation forecasts that repealing provisions from the Inflation Reduction Act would risk 130,000 jobs associated with auto manufacturing, plus an additional 310,000 indirectly related jobs, by 2030 in the U.S.\u00a0<\/span><\/p>\n<p><b>Omitting the EV Registration Penalty is Right\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The House initially proposed an annual $250 EV and $100 hybrid registration fee from the Transportation and Infrastructure Committee. These fees would be excessively punitive and unfair to drivers. While Americans\u2019 use of the transportation system varies, the average fuel consumption per light-duty vehicle in 2023 was 447 gallons. At the current federal gas tax rate of 18.4 cents per gallon, the average light-duty vehicle would have paid only $82.25 in federal taxes to federal trust funds that year. Combined with state EV fees, which are similarly high compared to state gas tax revenues per user, EV drivers would be paying disproportionately and discouragingly high taxes under such a proposal.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We\u2019re thankful that the Senate Finance committee chose to omit this penalty fee for the millions of Americans that already pay steep state EV-specific state registration fees.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We were very concerned that using the budget reconciliation process to impose new fees on drivers would circumvent substantial discussions that are needed to address the Highway Trust Fund\u2019s historic challenges. To reach fiscal sustainability, Congress should examine how all drivers, including EV drivers, contribute to the transportation system\u2019s upkeep and efficiency. That conversation must occur during a robust bipartisan surface transportation reauthorization process.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The undersigned respectfully urge Congress to avoid business-killing abrupt changes to EV credits and to ensure that EV and hybrid penalty fees remain out of any reconciliation package.<\/span><\/p>\n<p>Sincerely,<\/p>\n<p>Carmax, Nationwide<br \/>\nCarvana, Nationwide<br \/>\nHorsePower Motors, California<br \/>\nSan Diego Auto Finders, California<br \/>\nI.g. Burton Auto Group, Delaware<br \/>\nWinner Subaru &amp; Volkswagen, Delaware<br \/>\nCarman Ford\/Lincoln, Delaware<br \/>\nCarman Chrysler Jeep Dodge, Delaware<br \/>\nFirst State Chevrolet, Delaware<br \/>\nGreen Wave Electric Vehicles, New Hampshire<br \/>\nRS Motorsports, North Carolina<br \/>\niDrive1 Motorcars, Texas<br \/>\nSlipstream, Texas<br \/>\nEV Auto, Utah<br \/>\nPrivateAuto, Utah<br \/>\nKeySavvy, Minnesota<br \/>\nEastern Sierra Electric Vehicle Association, California<br \/>\nEV Life, Inc, California<br \/>\nPlug In America, California<br \/>\nFox Valley Electric Auto Association, Illinois<br \/>\nNevada Electric Vehicle Association, Nevada<br \/>\nBlue Ridge Chapter of Electric Vehicle Association, North Carolina<br \/>\nOregon Electric Vehicle Association, Oregon<br \/>\nHouston Electric Vehicle Association, Texas<br \/>\nDrive Electric Richmond Vehicle Association, Virginia<br \/>\nCampbell Volkswagen of Edmonds, Washington<br \/>\nMid-Columbia Electric Vehicle Association, Washington<br \/>\nWest Virginia Electric Auto Association, West Virginia<br \/>\nWisconsin Electric Vehicle Association, Wisconsin<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As we\u2019ve previously explained, cutting the EV tax credits now would be a costly mistake. If the EV tax credits are rolled back: People will lose hundreds of thousands of jobs, and companies will lose billions of dollars in investments. Since January, uncertainty about federal support for clean energy projects[&#8230;]<\/p>\n","protected":false},"author":56,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"episode_type":"","audio_file":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","itunes_episode_number":"","itunes_title":"","itunes_season_number":"","itunes_episode_type":"","footnotes":""},"categories":[20],"tags":[],"class_list":["post-14542","post","type-post","status-publish","format-standard","hentry","category-policy"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Carmax, Carvana, and automotive stakeholders urge Congress to keep EV tax credits - Plug In America<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pluginamerica.org\/carmax-carvana-and-automotive-stakeholders-urge-u-s-senate-to-keep-ev-tax-credits\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Carmax, Carvana, and automotive stakeholders urge Congress to keep EV tax credits - Plug In America\" \/>\n<meta property=\"og:description\" content=\"As we\u2019ve previously explained, cutting the EV tax credits now would be a costly mistake. If the EV tax credits are rolled back: People will lose hundreds of thousands of jobs, and companies will lose billions of dollars in investments. Since January, uncertainty about federal support for clean energy projects[...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pluginamerica.org\/carmax-carvana-and-automotive-stakeholders-urge-u-s-senate-to-keep-ev-tax-credits\/\" \/>\n<meta property=\"og:site_name\" content=\"Plug In America\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-27T21:09:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-03T18:38:55+00:00\" \/>\n<meta name=\"author\" content=\"Plug In America\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Plug In America\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/pluginamerica.org\/carmax-carvana-and-automotive-stakeholders-urge-u-s-senate-to-keep-ev-tax-credits\/\",\"url\":\"https:\/\/pluginamerica.org\/carmax-carvana-and-automotive-stakeholders-urge-u-s-senate-to-keep-ev-tax-credits\/\",\"name\":\"Carmax, Carvana, and automotive stakeholders urge Congress to keep EV tax credits - Plug In America\",\"isPartOf\":{\"@id\":\"https:\/\/pluginamerica.org\/#website\"},\"datePublished\":\"2025-06-27T21:09:35+00:00\",\"dateModified\":\"2025-07-03T18:38:55+00:00\",\"author\":{\"@id\":\"https:\/\/pluginamerica.org\/#\/schema\/person\/5d709d3643f8ed2dc7633bfcee51660d\"},\"breadcrumb\":{\"@id\":\"https:\/\/pluginamerica.org\/carmax-carvana-and-automotive-stakeholders-urge-u-s-senate-to-keep-ev-tax-credits\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/pluginamerica.org\/carmax-carvana-and-automotive-stakeholders-urge-u-s-senate-to-keep-ev-tax-credits\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/pluginamerica.org\/carmax-carvana-and-automotive-stakeholders-urge-u-s-senate-to-keep-ev-tax-credits\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/pluginamerica.org\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Carmax, Carvana, and automotive stakeholders urge Congress to keep EV tax credits\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/pluginamerica.org\/#website\",\"url\":\"https:\/\/pluginamerica.org\/\",\"name\":\"Plug In America\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/pluginamerica.org\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/pluginamerica.org\/#\/schema\/person\/5d709d3643f8ed2dc7633bfcee51660d\",\"name\":\"Plug In America\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pluginamerica.org\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7031e2351a673f61763ad1bee366e6325c776d8ed848ef5d939bbb21c4343e11?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7031e2351a673f61763ad1bee366e6325c776d8ed848ef5d939bbb21c4343e11?s=96&d=mm&r=g\",\"caption\":\"Plug In America\"},\"url\":\"https:\/\/pluginamerica.org\/author\/piadactestaccount\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Carmax, Carvana, and automotive stakeholders urge Congress to keep EV tax credits - Plug In America","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/pluginamerica.org\/carmax-carvana-and-automotive-stakeholders-urge-u-s-senate-to-keep-ev-tax-credits\/","og_locale":"en_US","og_type":"article","og_title":"Carmax, Carvana, and automotive stakeholders urge Congress to keep EV tax credits - Plug In America","og_description":"As we\u2019ve previously explained, cutting the EV tax credits now would be a costly mistake. If the EV tax credits are rolled back: People will lose hundreds of thousands of jobs, and companies will lose billions of dollars in investments. Since January, uncertainty about federal support for clean energy projects[...]","og_url":"https:\/\/pluginamerica.org\/carmax-carvana-and-automotive-stakeholders-urge-u-s-senate-to-keep-ev-tax-credits\/","og_site_name":"Plug In America","article_published_time":"2025-06-27T21:09:35+00:00","article_modified_time":"2025-07-03T18:38:55+00:00","author":"Plug In America","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Plug In America","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/pluginamerica.org\/carmax-carvana-and-automotive-stakeholders-urge-u-s-senate-to-keep-ev-tax-credits\/","url":"https:\/\/pluginamerica.org\/carmax-carvana-and-automotive-stakeholders-urge-u-s-senate-to-keep-ev-tax-credits\/","name":"Carmax, Carvana, and automotive stakeholders urge Congress to keep EV tax credits - Plug In America","isPartOf":{"@id":"https:\/\/pluginamerica.org\/#website"},"datePublished":"2025-06-27T21:09:35+00:00","dateModified":"2025-07-03T18:38:55+00:00","author":{"@id":"https:\/\/pluginamerica.org\/#\/schema\/person\/5d709d3643f8ed2dc7633bfcee51660d"},"breadcrumb":{"@id":"https:\/\/pluginamerica.org\/carmax-carvana-and-automotive-stakeholders-urge-u-s-senate-to-keep-ev-tax-credits\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/pluginamerica.org\/carmax-carvana-and-automotive-stakeholders-urge-u-s-senate-to-keep-ev-tax-credits\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/pluginamerica.org\/carmax-carvana-and-automotive-stakeholders-urge-u-s-senate-to-keep-ev-tax-credits\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/pluginamerica.org\/"},{"@type":"ListItem","position":2,"name":"Carmax, Carvana, and automotive stakeholders urge Congress to keep EV tax credits"}]},{"@type":"WebSite","@id":"https:\/\/pluginamerica.org\/#website","url":"https:\/\/pluginamerica.org\/","name":"Plug In America","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/pluginamerica.org\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/pluginamerica.org\/#\/schema\/person\/5d709d3643f8ed2dc7633bfcee51660d","name":"Plug In America","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pluginamerica.org\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7031e2351a673f61763ad1bee366e6325c776d8ed848ef5d939bbb21c4343e11?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7031e2351a673f61763ad1bee366e6325c776d8ed848ef5d939bbb21c4343e11?s=96&d=mm&r=g","caption":"Plug In America"},"url":"https:\/\/pluginamerica.org\/author\/piadactestaccount\/"}]}},"_links":{"self":[{"href":"https:\/\/pluginamerica.org\/wp-json\/wp\/v2\/posts\/14542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pluginamerica.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pluginamerica.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pluginamerica.org\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/pluginamerica.org\/wp-json\/wp\/v2\/comments?post=14542"}],"version-history":[{"count":0,"href":"https:\/\/pluginamerica.org\/wp-json\/wp\/v2\/posts\/14542\/revisions"}],"wp:attachment":[{"href":"https:\/\/pluginamerica.org\/wp-json\/wp\/v2\/media?parent=14542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pluginamerica.org\/wp-json\/wp\/v2\/categories?post=14542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pluginamerica.org\/wp-json\/wp\/v2\/tags?post=14542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}