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Automakers scramble to decode new U.S. EV tax credits

Reuters · last updated

WASHINGTON, Aug 12 (Reuters) — U.S. automakers and dealers are scrambling to figure out if they can still offer $7,500 tax credits to would-be buyers of electric vehicles (EVs), as Congress prepares for final votes today on a bill that includes a top-to-bottom overhaul of Washington’s clean vehicle policies.