The future of federal tax credits for electric vehicles is uncertain, as the incoming administration has expressed plans to roll back these incentives. The fate of the credit, which currently offers up to $7,500, hangs in the balance.
Duke Energy is providing new incentives for Florida customers who install EV charging stations and use off-peak hours. This comes as EV sales are growing and the federal government’s tax credits for EVs are uncertain.
Hyundai has made a massive investment in electric vehicle production in Georgia, but a potential rollback of EV tax credits could significantly impact the company’s plans.
