Senate Committee Charges Ahead With Amped-Up $12,500 EV Tax Credit, But There Are Caveats

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Senate Committee Charges Ahead With Amped-Up $12,500 EV Tax Credit, But There Are Caveats
EVs currently account for a low single-digit percentage when it comes to new vehicle sales in the United States. The Biden administration wants to boost the take rate significantly by weaning Americans off gasoline- and diesel-engine cars and trucks. However, something needs to be done about the current tax credit situation, which currently

Source: Hot Hardware – Senate Committee Charges Ahead With Amped-Up ,500 EV Tax Credit, But There Are Caveats