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InsideEVs
InsideEVs
Business

What The 2024 Election Could Mean For EV Tax Credits

Almost since the beginning of the modern hybrid and electric vehicle movement, the United States government has offered tax incentives for drivers who were willing to take a risk on—and usually pay a premium for—a new automotive technology. In 2002, two years after the Toyota Prius first hit dealer lots in the US and four years before Tesla would show off a 250-mile EV, the federal government launched its first incentives for the purchase of new hybrid vehicles. 

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