Sunday, August 7, 2022

Bill with revamped EV tax credit passes Senate, heads to House

The Inflation Reduction Act ends per-manufacturer limits for the $7,500 tax credit for electric vehicle purchases, a boost for electric vehicle makers. But the vehicles will have to be built in North America and carmakers will have to quickly end a reliance on China for the battery supply chain.



from Section Page News - Automotive News https://ift.tt/1fRag5h

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