A U.S. lawmaker has introduced legislation to significantly expand incentives for electric vehicle buyers by proposing to double the federal tax credit available for purchasing new EVs. The measure would raise the current credit limit, potentially making electric vehicles more affordable for a broader range of consumers. Supporters argue this could accelerate the transition away from gasoline-powered cars by reducing upfront costs. The proposal comes as automakers and policymakers continue debating strategies to boost EV adoption amid rising demand and supply chain challenges.
Democrat Proposes Doubling EV Tax Credit to $15,000 Gadget Review