The US Senate has voted to approve a non-binding resolution setting a $40,000 threshold on the price of electric cars that would be eligible for a $7,500 federal tax credit.
However, the measure has just passed as the Democrats are working to reform the EV incentive program.
The post US Senate puts $40,000 cap on price of electric cars that qualify for EV tax credit ahead of reform appeared first on Electrek.
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