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U.S. Senate Democratic Deal Would Expand EV Tax Credits, Much More

28 Jul 2022 | Abstracted from Investing

"..deal includes a new $4,000 tax credit for used electric vehicles...an expansion of the existing $7,500 EV tax credit as well as...new $10 billion investment tax credit to build clean-technology manufacturing facilities...

"...it will further provide up to $20 billion in loans to build new clean vehicle manufacturing facilities...$30 billion for additional production tax credits..."

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