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Will EV Tax Credit Price Caps Add Urgency to Arrival of Affordable Models?

08 Aug 2022 | Abstracted from Green Car Reports

"In its current form, legislation would add price caps of $55,000 for cars and $80,000 for pickup trucks and SUVs...Along with income caps, these rules are meant to ensure credits go to consumers who really need them...

"...base versions of the Tesla Model 3 and Model Y - the two most popular EVs in the United States - would still qualify despite recent price increases..."

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