Earlier this week the Senate voted to place price and household-income caps on the federal EV tax credit, as part of the $3.5 trillion budget framework currently undergoing negotiations. The non-binding amendment introduced by Senator Deb Fischer (R-Neb.) proposed tax credits for vehicles costing more than $40,000, and for households with more… More…
Senate votes to place a $40,000 price cap on EV tax credit
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