Shake It Up - New Budget Bill Aims to Throttle Pace of EV Adoption, With Long-Term Consequences
RBN Energy Blogcast · Robert Auers
July 25, 202511m 43s
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Show Notes
Expectations for electric vehicle (EV) adoption in the U.S. took a sharp detour into uncharted territory earlier this month when President Trump signed the landmark budget reconciliation bill into law. Known as the One Big Beautiful Bill Act (OBBBA), the law dramatically scales back EV subsidies, eliminates penalties for automakers that don’t meet fuel-efficiency standards, and significantly restricts state-level zero-emission vehicle (ZEV) programs. In today’s RBN blog, we look at why the law is likely to slow the pace of EV adoption and impact forecasts for vehicle sales and gasoline demand — a key topic in the just-published Future of Fuels report from our Refined Fuels Analytics (RFA) practice.