The Treasury Department has laid new guidance on how car dealers can effectively reduce the price for an electric vehicle for consumers by as much as $7,500 at the time of the purchase by giving customers immediate access to federal tax credits for electric vehicles, reported Politico’s James Bikales. Publicly traded makers of electric vehicles include Tesla (TSLA), Ford (F), General Motors (GM), Honda (HMC), Mercedes-Benz Group (DDAIF), Nissan (NSANY), Stellantis (STLA), Toyota (TM) and Volkswagen (VWAGY).
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