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

EV Adoption

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

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Electric Car Manufacturers Inspire New Paradigms -- Seeking Alpha

Tony Karrer Delicious EVdriven

Tax credit incentives are also available to consumers in the U.S. There is significant cause vs. effect debate on CO2. The problem for the left is that NG is still a carbon based fuel (note: you are a carbon based lifeform and exhale 12 liters of CO2 a minute.). market for sustainable “green” energy purchases.