Manchin Schumer Inflation Reduction Act Ev Provisions Explained
A new agreement has been reached between Schumer and Manchin that would bring back the ability for automakers to offer their customers federal tax credits for the purchase of electric vehicles. The new deal would also introduce another tax credit. “Under current regulations, buyers of electric vehicles get a $7,500 tax credit when purchasing an electric vehicle, but that full credit is limited to the first 200,000 electric vehicles sold by any given manufacturer,” CNN explains....