Proposed Federal EV Tax Credit Reform: Will It Move the Sales Needle?
EV Adoption
FEBRUARY 23, 2021
On February 5, Mike Thompson , Chairman of the House Ways and Means Subcommittee on Select Revenue Measures announced the introduction of the Growing Renewable Energy and Efficiency Now (GREEN) Act (PDF). The second key EV provision creates a new refundable credit for buyers of used plug-in electric cars from date of enactment through 2026.
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