Friday, August 12, 2022

Automakers scramble to decode new US electric vehicle tax credits

US automakers and dealers are scrambling to figure out if they can still offer $7,500 tax credits to would-be buyers of electric vehicles (EVs), as Congress prepares for final votes today on a bill that includes a top-to-bottom overhaul of Washington's clean vehicle policies.

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Proposed GST hike may not shake up used car market much

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