While the BBB dropped a $250 annual fee for EVs, it will axe the federal tax credit by Sept. 30, three months earlier than originally proposed.

The $7,500 tax credit that car shoppers can use for new EV purchases is set to expire at the end of September, according to the tax and spending bill that passed the House of Representatives on Thursday.

Electric cars might cost more upfront without the federal break—but owners save thousands on gas and repairs over time.