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U.S. issued more than USD 1 billion in EV tax credits since January 2024

On June 12, the U.S. Treasury Department and Internal Revenue Service said that the federal government has issued more than USD 1 billion in tax credits for new and used electric vehicles as an upfront cash incentive to car buyers since payments began on January 1, 2024.
The credits for new and used cars, for a respe....

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