A white tesla model 3 parked in a desert.

EV Tax Credit Increase to $12,500?

Part of President Biden’s “Build Back Better” proposal includes increasing the EV tax credit from $7,500 to $12,500. The current program caps the $7,500 tax credit to 200,000 electric vehicles per manufacturer. The updated proposal is also looking at changing it from a tax credit to an incentive that can be utilized even if a tax […]

EV Tax Credit Increase to $12,500? Read More »