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Treasury makes more electric SUVs eligible for tax credits

Por: WPLG Local 10 Politics February 04, 2023

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WASHINGTON – The Treasury Department said Friday it is making more electric vehicles — including SUVs made by Tesla, Ford and General Motors — eligible for tax credits of up to $7,500 under new vehicle classification definitions.The revised standards for EV tax credits follow lobbying by automakers that had pressed the Biden administration to change vehicle definitions to allow higher priced vehicles to qualify for a maximum tax credit.... + full article



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