The US government may take away the $7,500 tax credit for EVs

Bloomberg notes that eleven states, including California and New York, offer credits and rebates to help drive interest in the new technology, but the larger federal tax credit for electric cars serves as a bigger incentive for Americans to buy them; the credit phases out after a manufacturer sells 200,000 cars. Bloomberg also reports that …

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: