EV Tax Credits Are Working—Cutting Them Now Would Be a Costly Mistake
Plug in America
JUNE 25, 2025
Users must meet income limits, cars cannot exceed MSRP caps, and vehicles must be assembled in North America with battery minerals and components from North America. It produces over 60% of the world’s EVs and 80% of its EV batteries. auto industry transition to manufacturing EVs and the batteries that power them, the U.S.
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