Friday, 12 August 2022

Automakers Struggle to Understand Whether New US Bill Allows EV Tax Credits for Customers

US automakers and dealers are still trying to figure out if the $430 billion (roughly Rs. 34,23,000 crore) climate, health care and tax bill that the US House of Representatives is set to vote on Friday will continue to let them offer $7,500 (roughly Rs. 5,97,000) tax credits to would-be buyers of electric vehicles (EVs).

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