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U.S. EV tax credits surpass USD 2 billion for 300,000 sales since new program launched

On October 1, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) both announced that federal electric vehicle point-of-sale tax credits have surpassed USD 2 billion of savings for more than 300,000 EV buyers since the new program launched on January 1, 2024.
They noted that as a result of the ....

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