Senate just passed EV Credit with 40k cap

Status
Not open for further replies.

Ogre

Well-known member
First Name
Dennis
Joined
Jul 3, 2021
Threads
164
Messages
10,719
Reaction score
26,998
Location
Ogregon
Vehicles
Model Y
Country flag
https://electrek.co/2021/08/11/us-senate-40000-limit-price-electric-cars-ev-tax-credit/

Title pretty much says it all


As part of the new federal budget, the US Senate approved an amendment introduced by Senator Deb Fischer (R-NE) to introduce a limit on the price of electric cars eligible to the $7,500 federal tax credit.

Only electric cars that cost less than $40,000 would be eligible.

Additionally, only buyers with an income of less than $100,000 would be able to apply for the tax credit.


Don’t think this is going to be the final measure but interesting twist.
I am ok with this myself
Sponsored

 
Status
Not open for further replies.
 




Top