The federal electric vehicle mandate, an unholy alliance of regulatory overreach, market distortion, and crony capitalism, is finally meeting its end. Much is being said about the end of the $7,500 federal tax credit for EVs this week, but that was only one of a myriad of policies that Congress, the Trump administration , and the courts are rolling back, to the great benefit of American auto consumers.
The One Big Beautiful Bill Act also zeroed out the penalty for failing to meet corporate average fuel economy standards. For decades, this penalty functioned as a backdoor EV subsidy, levied against automakers for failing to meet ever-increasing fuel economy standards. Those automakers then purchased compliance credits from those who flooded the market with EVs. While the standards