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More electric vehicles may now qualify for $7,500 tax credit
The Biden Administration announced today that more car owners may soon be able to claim the $7,500 consumer tax credit for electric vehicles. This is after a tweak to the Inflation Reduction Act has broadened certain conditions for crossover SUVs to quality.
In today's Tech and Business Report, KCBS Radio's Holly Quan spoke with Bloomberg automotive reporter Keith Laing for more details.
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The Biden Administration announced today that more car owners may soon be able to claim the $7,500 consumer tax credit for electric vehicles. This is after a tweak to the Inflation Reduction Act has broadened certain conditions for crossover SUVs to quality.
In today's Tech and Business Report, KCBS Radio's Holly Quan spoke with Bloomberg automotive reporter Keith Laing for more details.
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