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August 1, 2022

Senate deal may boost e-vehicles

DETROIT (AP) — The surprise deal by Senate Democrats on a pared-down bill to support families, boost infrastructure and fight climate change is likely to jump-start sales of electric vehicles.

The measure agreed to by Majority Leader Chuck Schumer and holdout Sen. Joe Manchin would give EV buyers a $7,500 tax credit starting next year, through the end of 2032.


 
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