Biden administration says about 20 car models still qualify for EV tax credit

The Inflation Reduction Act, which President Joe Biden signed into regulation Tuesday, says that if automakers want their electric powered vehicles to be suitable for tax credits, they’ll require to…

70% of EVs wouldn’t qualify for tax credit under Senate bill, say automakers

WASHINGTON — Most electrical-vehicle types would be ineligible for a $7,500 tax credit history for U.S. consumers less than a Democratic proposal in the U.S. Senate, a group of significant…