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What to know about 2024 changes to the electric vehicle tax credit

Changes to the federal electric vehicle (EV) tax credit are set to take effect Jan. 1, reflecting a push by the Biden administration to focus the financial incentives on domestically produced vehicles. The changes to the tax credit, which tops out at $7,500, will exclude certain EVs that include internationally sourced components from eligibility, while…
United States Joe Manchin David Foster Sam Abuelsamid Obama Energy Department Energy Futures Initiative
Source: yahoo.com

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