IRS Provides Tax Credit Breathing Room For EV Buyers

(MENAFN- Investor Brand Network) Americans interested in switching to electric mobility have more time to take advantage of the federal EV tax incentive after the Internal Revenue Service (IRS) amended the terms governing the phase-out of the historic tax incentive.

While EV buyers now have some breathing room, tax credits for other renewable energy technologies, including those offered by companies like PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) , are still set to...

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