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How Do Electric Car Tax Credits Work? A Complete Guide

How Gas Prices Are Affecting the Electric Car Market

To attract more Americans to buy electric vehicles, which are not only fuel efficient but also eco friendly,  the federal government launched a program providing tax credits of up to $7500 to electric vehicle purchasers in 2010. Through that EVs became lower than that of the usual internal-combustion vehicles. Several states also joined in with … Read moreHow Do Electric Car Tax Credits Work? A Complete Guide