EV tax credit extension with $7,500 point-of-sale rebate, $4,000 for used EVs could pass Senate soon

Congress appears close to passing a long-awaited extension—and expansion—of the federal EV tax credit. Legislation containing the expanded tax credit is on the verge of being passed by the Senate, after a deal was struck between Majority Leader Chuck Schumer and Senator Joe Manchin, who has opposed most of his party’s agenda. If passed…

Source: Green Car Reports

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