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Daily Archives: September 25, 2022

Electric Vehicle Tax Credits and the Future of the Automotive Industry

NewsBy AdminSeptember 25, 2022

One highlight of the recently passed Inflation Reduction Act of 2022 (IRA; HR 5376) includes modifications to what is more commonly referred to as EV credits. Specifically, Section 30D of the Act is where the most important modifications are, and where the present tax credit for electric vehicles is spelled out in the U.S. Code.…

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