Deadline extended for drivers across the US to get ‘paid’ for buying an EV – but don’t forget crucial step to get money ...Middle East

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IN ORDER to get Americans to buy a new or used EV, the government has extended monetary benefits from the original deadline. As the race towards an all-electric future picks up steam, the Biden administration aims to make it more appealing to buy an EV. GettyA law passed in October allows for the federal tax credit for EVs to be instantly applied to the cost of a new EV[/caption] GettyDealerships have to register for an online portal account with the IRS that would reimburse the dealer within 72 hours of the sale, but the window is closing[/caption] Signed and approved in October of last year, the government has now extended the deadline in order to receive the incentive in 202

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