Build Back Better expands EV tax credit with $12.5K incentive on American-made electric cars

The Build Back Bet The Build Back Better Act includes a new electric vehicle tax credit of up to $12,500 for drivers who buy an American-made electric car, which can make these vehicles more affordable for middle-class families who have been priced out of the EV market.

The House of Representatives passed Build Back Better with a party-line vote on Nov. 19. However, the $1.75 trillion spending plan now hinges on Senate approval.

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