NEWS BRIEF: Warnock’s new bill would allow more electric cars to qualify for tax credit
Sen. Warnock offers ‘grace period’
Photo credit: RIVIAN
Georgia Democratic Senator Raphael Warnock is proposing a bill that could help more automakers initially qualify for the new federal electric vehicle tax credit. Warnock’s Affordable Electric Vehicles for America Act aims to provide a grace period to manufacturers such as Hyundai and Kia while the brands develop production hubs in the United States. The move is an effort to ameliorate the effects of the federal electric vehicle tax credit which temporarily limits the number of electric cars that can qualify. Details: insideevs.com