Mansion Global | Exciting EVs – and Upgrades – to Splurge on Before a Supercharged US Tax Credit Disappears
- Todd Cassidy, Managing Director
Managing Director in Investment Banking at Portage Point Partners, Todd Cassidy underscores the urgency facing electric vehicle (EV) buyers, noting that the current “stacking” of incentives – including an up-to-$7,500 federal tax credit and potential car-loan-interest deductions – expires on September 30, 2025, making now the ideal moment to act. According to Cassidy, “after that September deadline, the challenges will start to mount up for EV buyers,” particularly impacting higher-priced manufacturers such as Rivian and Lucid as they work to expand market share.
Read the full article here – https://www.mansionglobal.com/articles/exciting-evsand-upgradesto-splurge-on-before-a-supercharged-u-s-tax-credit-disappears-b3c4a921
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