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12 Feb
08:40

US plans to soften EV tax incentive barriers

A bill has been introduced in the US House of Representatives that would restore or beef up tax incentives on a variety of different green energy projects - including the restoration of $7,500 in tax incentives for some electric vehicle producers, Kallanish understands.  The so-called Growing Renewable Energy and Efficiency Now (GREEN) Act includes a provision that replaces the 200,000-vehicle phase-out period for EV manufacturers with a 600,000-vehicle phase…
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