New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits
Green Car Congress
APRIL 11, 2019
Under current law, consumers may receive a tax credit of up to $7,500 if they purchase an eligible electric vehicle. The Driving America Forward Act raises the cap and allows purchasers of an additional 400,000 vehicles per manufacturer to be eligible for the tax credit. ITC Holdings Corp., ITC Holdings Corp.,
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