Many Electric Cars Will Not Qualify for New Tax Credit Under New Bill
Electric Cars Are Too Costly for Many, Even With Aid in Climate Bill – The New York Times A new climate, tax, and heathcare bill was approved by the senate on Sunday. The bill would put restrictions on tax credits for new and used electric vehicles. It would require electric vehicles to be assembled in North America in order to be eligible for the tax credit of $7500. The Senate bill also pushes Auto manufacturers …