Fisker finesses the Inflation Reduction Act tax credit changes with binding sales contract; “Transition Rule”
Green Car Congress
AUGUST 8, 2022
The US Senate has passed the Inflation Reduction Act, with nearly $400 billion in funding over 10 years for climate- and energy-related programs; among the myriad provisions in the 755-page bill are changes to the electric vehicle Federal tax credit of $7,500. —Chairman and CEO Henrik Fisker.
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