Photo Credit: Fair Use [17 U.S.C. § 107]
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..."
ADDITIONAL RELATED NEWS LINKS
- Inside Manchin's War With Biden On Electric Vehicles
- US Senator Manchin Doubles Down On Electric Car Subsidies, Despite Europe's Wrath
- Oil Industry Now Set to Control Both Congressional Energy Committees
- How Manchin Kneecapped the Climate Bill's EV Tax Credit
- The E-Bike Tax Credit Is Only Mostly Dead As Supporters Plot Next Steps
- Climate Bill 'Transformative' for Auto and Energy Industries
- New US Climate Bill's Most Important Provisions
- The Real Reason Joe Manchin Is Sabotaging the US Clean Energy Plan
- Wearing Down Joe Manchin and His Fossil Fuel Allies
- Glueless US Senator Offers Nonsensical Excuse for Blocking Electric Cars
RSStream
- Man who''s spent $18,057 powering his home and two EVs with solar and batteries for 2 years shares what he''s saved and if it''s been worth it
- We compared the everyday costs of running an EV, a hybrid, and a gas car and the result left us incredibly surprised
- In the birthplace of the car, EVs are now king: BEVs outsell gas cars in Germany
- Clean energy still beats fossil fuels on cost, despite, well, everything
- Hitachi Energy signs deal to develop electrical infrastructure for Eve''s "flying car"
- 2026 Tesla Model Y vs 2026 Tesla Model 3: Which One Wins?
- Tesla's Selling A $225 Balance Bike For Toddlers
- Tesla (TSLA) shareholders are begging Musk to explain missed goals
- Valo hybrid-electric aircraft gains autonomous flight for 1,000-mile defense missions
- This boats can fly.
