Why it's a smart time to buy an EV

The Biden-era $7,500 EV tax credit is scheduled to end later this year after President Donald Trump signed the Big Beautiful Bill.

NurPhoto/NurPhoto via Getty Images

• Trump signed the Big Beautiful Bill, which ends the $7,500 EV consumer tax credit on September 30.
• For those considering an EV and able to afford it, auto industry analysts suggest buying one before the incentive expires.
• There are also EV tax credits available for some qualifying used electric vehicles.

Now...