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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

And many of these vehicles are large SUVs and trucks, with near or above 100 kWh battery packs which produce significant CO2 emissions in their mining and manufacturing process. A better approach in our view would be to have an MSRP cap of perhaps $40,000 to $45,000. But a minimum of 150-175 miles of range for BEVs could also make sense.