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Senate Republicans seek to end EV tax credit by September 30
Senate Republicans seek to end EV tax credit by September 30

Time of India

time9 hours ago

  • Automotive
  • Time of India

Senate Republicans seek to end EV tax credit by September 30

US Senate Republicans late Friday released a revised tax and budget bill that would end the $7,500 tax credit on new electric vehicle sales and leases on September 30 as well as the $4,000 tax credit for used EVs. The prior version would have ended the credit for new sales 180 days after the bill was signed into law, 90 days for used vehicles and immediately ended the credit for leased vehicles not assembled in North America and meeting other requirements. Republicans have taken aim at EVs on a number of fronts, a reversal from former President Joe Biden's policy that encouraged electric vehicles and renewable energy to fight climate change and reduce emissions. The House of Representatives version would allow the $7,500 new-EV tax credit to continue through the end of 2025, and through the end of 2026 for automakers that have not yet sold 200,000 EVs before killing it. The Senate bill also includes a provision to eliminate fines for failing to meet Corporate Average Fuel Economy rules in a move aimed at making it easier for automakers to build gas-powered vehicles. The Republican bill exempts interest paid on auto loans from taxes for new cars made in the US through 2028, but phases it out for individual taxpayers making more than $100,000 annually. Senate Republicans dropped a bid to force the US Postal Service to scrap thousands of electric vehicles and charging equipment in the bill following a ruling from the Senate parliamentarian. The US Postal Service has 7,200 electric vehicles, made up of Ford e-Transit and specially built Next Generation Delivery Vehicles built by Oshkosh Defense and warned scrapping its EVs would cost it $1.5 billion. President Donald Trump this month signed a resolution approved by Congress to bar California's landmark plan to end the sale of gasoline-only vehicles by 2035, which has been adopted by 11 other states representing a third of the US auto market.

US Senate Republicans seek to end EV tax credit by September 30
US Senate Republicans seek to end EV tax credit by September 30

Time of India

time14 hours ago

  • Automotive
  • Time of India

US Senate Republicans seek to end EV tax credit by September 30

U.S. Senate Republicans late Friday released a revised tax and budget bill that would end the $7,500 tax credit on new electric vehicle sales and leases on September 30 as well as the $4,000 tax credit for used EVs. The prior version would have ended the credit for new sales 180 days after the bill was signed into law, 90 days for used vehicles and immediately ended the credit for leased vehicles not assembled in North America and meeting other requirements. Republicans have taken aim at EVs on a number of fronts, a reversal from former President Joe Biden's policy that encouraged electric vehicles and renewable energy to fight climate change and reduce emissions. The House of Representatives version would allow the $7,500 new-EV tax credit to continue through the end of 2025, and through the end of 2026 for automakers that have not yet sold 200,000 EVs before killing it. The Senate bill also includes a provision to eliminate fines for failing to meet Corporate Average Fuel Economy rules in a move aimed at making it easier for automakers to build gas-powered vehicles. Live Events The Republican bill exempts interest paid on auto loans from taxes for new cars made in the U.S. through 2028, but phases it out for individual taxpayers making more than $100,000 annually. Senate Republicans dropped a bid to force the U.S. Postal Service to scrap thousands of electric vehicles and charging equipment in the bill following a ruling from the Senate parliamentarian. The U.S. Postal Service has 7,200 electric vehicles, made up of Ford e-Transit and specially built Next Generation Delivery Vehicles built by Oshkosh Defense and warned scrapping its EVs would cost it $1.5 billion. President Donald Trump this month signed a resolution approved by Congress to bar California's landmark plan to end the sale of gasoline-only vehicles by 2035, which has been adopted by 11 other states representing a third of the U.S. auto market.

USPS introduces changes to mail delivery, including zero-emission electric vehicles in Illinois
USPS introduces changes to mail delivery, including zero-emission electric vehicles in Illinois

Yahoo

time09-04-2025

  • Business
  • Yahoo

USPS introduces changes to mail delivery, including zero-emission electric vehicles in Illinois

ROCKFORD, Ill. (WTVO) — The United States Post Office will roll out zero-emission electric delivery vehicles on the streets of Rockford and other parts of Illinois as part of a series of taking effect this month aimed at improving efficiency and reducing costs. The changes come after former Postmaster General Louis DeJoy stepped down after with the Department of Government Efficiency (DOGE) to 'assist [USPS] in identifying and achieving further efficiencies.' That included a pledge to reduce spending and its workforce by 10,000 employees through an early retirement program. This month, mail delivery changes went into effect, including refining service standards for different classes of mail. USPS said 75% of first class mail deliveries would experience no change, but 14% would be upgraded to a faster standard while 11% would be delivered slower, with mail delivery taking no more than 5 days. 'Under the new approach, while most mail will retain the same service standard, some mail will have a faster standard, and some will have a slightly slower standard. For First-Class Mail, the current service standard day range of 1-5 days is staying the same, while the day ranges (the estimated delivery time) for end-to-end Marketing Mail, Periodicals, and Package Services are being shortened,' USPS . The Post Office also said the USPS Ground Advantage service would stay the same, and certain postage, like marketing materials, periodicals, and other packages, may be delivered even faster. USPS has a Service Standards Map to show expected delivery times from zip code to zip code. The Next Generation Delivery Vehicles (NGDVs), built by Oshkosh Defense, were showcased at the Rockford Sorting and Delivery Center on Wednesday as part of the first modernization of America's largest and oldest federal fleet. The outgoing Long Life Vehicle (LLV) debuted in 1987. The rollout is part of USPS' nearly $497 million investment in Illinois as part of a nationwide 10-year Delivering For America plan, which allocates $164 million for the purchase of modern, efficient vehicles; $7 million for charging infrastructure; $121 million to renovate 277 existing facilities and $82 million to build new ones; and more than $123 million to purchase 23 state-of-the-art package sorting machines. The USPS said the electric vehicles are purpose-built to meet the specific needs of the Postal Service, with improved visibility, air conditioning, ergonomic seating, increased cargo capacity, and a driver-friendly interface. Over the next five years, the northern Illinois region is set to receive dozens more electric and fuel-efficient vehicles. 'Through the Delivering for America plan, we are transforming and modernizing the Postal Service. The introduction of our new facilities and vehicles in Rockford is a clear demonstration of this progress,' said Acting Postmaster General and CEO Doug Tulino. The 10-year Delivering for America plan was launched in 2021. The Postal Service said it expects to save $36 billion in savings from transportation, mail processing, and facility cost reductions. The Postal Regulatory Commission Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

The New USPS Truck Is Going Viral Again: "WTF Is Happening?"
The New USPS Truck Is Going Viral Again: "WTF Is Happening?"

Buzz Feed

time12-02-2025

  • Automotive
  • Buzz Feed

The New USPS Truck Is Going Viral Again: "WTF Is Happening?"

In case you didn't know, the USPS truck got a fabulous new makeover. Long gone are the days of this stale-ass inefficient design. Say hello to the new one! So, the deal with the new USPS trucks, or Next Generation Delivery Vehicles (NGDVs), is that they're designed to be safer, more efficient, and better for the environment. Well, someone on X was a bit late to the trend and asked"Wtf is happening?" People immediately brought up the design. "You may not like it, but this is what peak performance looks like," this person said. "Children not getting hit by trucks," another person chimed in. And this person said: "Beyond this just being an obvious precaution to avoid running over children, I find this design very charming. It's like what cars look like in 50s cartoons." Other people also expressed their love of the new design. "These are fire, straight out of a cartoon. god bless usps for not picking some vanilla design that everyone will forget," this person said. "Cannot WAIT to get my hands on one of these babies. Driving around in a futuristic cartoon from the 80s," another person said. And this person said, "This is how I draw cars. Love it." Ultimately, I can't wait to see one of these things in the wild. As a fan of this Dr. Seuss-esque design, I love a car straight out of the Fairly OddParents.

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