Industry news
Senators Are Fighting For EV Makers To Receive Tax Credit Incentive
Electric car makers including Tesla may be getting new incentives for electric vehicles purchases and for the production of EV batteries in the U.S have been declared by Senators Joe Manchin and Chuck Schumer.
Manchin and Schumer announced on Wednesday the Inflation Reduction Act of 2022 which is due to hit the senate floor next week. The climate, tax, and health care bill includes incentives for the production of electric vehicle batteries in the U.S as well as a $4,000 tax credit for EV purchases.
