The EV Drive Coalition, which formed with a stated goal to reform the federal electric vehicle tax credit, announced its official launch as the U.S. Congress convenes for its lame duck session.
EV Tax Credit Spared by Congress
Congressional negotiators will spare a $7,500 federal tax credit that has supported sales of plug-in electric vehicles, which was put in place in 2008 and 2009 for plug-in and converted plug-in electric vehicles.