Federal EV tax credit: unnecessary, inefficient, unpopular, costly, and unfair
- 10/09/2019
- Alexander Stevens
- Blog, Electric Vehicles
In April, Senator Debbie Stabenow (D-MI) introduced the Drive America Forward Act, a bill that would expand the tax credit for new plug-in electric vehicles (EVs) by allowing an additional 400,000 vehicles per manufacturer to be eligible for a credit of up to $7,000. Currently, the tax credit is worth up to$7,500 until a manufacturer […]