EV tax credit boost to $12,500 heads to Senate with some thorny details


The US Senate will consider new EV tax credits that could cut as much as $12,500 off the cost of a new electric vehicle, though the controversial incentive expansion would place new production demands on automakers hoping to benefit from it. The revamped incentives would replace the existing scheme, which can trim a new EV by as much as $7,500 … Continue reading
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