How the EV tax credits in Democrats' climate bill could hurt electric vehicle sales - CNBC


8/10/2022 12:00:00 AM2 years 8 months ago
by Michael Wayland

Proposed tax credits of up to $7,500 for EVs under the Inflation Reduction Act could be counterintuitive for sales of EVs, according to several companies.

Tesla cars charge next to a traditional Texaco gas station on July 17, 2022 in Nephi, Utah. With more electric cars on the road, lack of charging infrastructure is becoming more of a problem for EV o… [+7761 chars]

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