To fight inflation, pass EV tax credits now ...Middle East

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To fight inflation, pass EV tax credits now
Spiking global oil prices are causing pain at the pump for hard-working Americans, but unexpected relief is here. Electric vehicles (EVs) are now cheaper in most states than their gas counterparts, and can save drivers thousands — if the Senate passes legislation that’s languished for months.   These inflation-busting economics hinge on the $7,500 federal EV tax credit. GM and Tesla have surpassed the cap on credits, while Ford, Nissan and Toyota will likely exceed it this year — putting EVs out of reach for most working families. But the Senate is currently considering reconciliation legislation to extend the cap on these credits for automakers who have exceeded it, and even to increas

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