Build Back Better could reposition US as global EV powerhouse

David Welch
Bloomberg

Some time before the Christmas holiday, the U.S. Senate is expected to vote on President Joe Biden’s Build Back Better Act. The House of Representatives already passed it. One contentious piece of it is the electric vehicle credits. As it is written now, BBB would raise the credits to consumers buying EVs to up to $12,500 from $7,500 — with no limit on the number of cars that would be eligible per manufacturer.

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