Senate proposal would double PHEV tax credit to 500,000 units
Now, though, the U.S. Senate Finance Committee is revisiting this legislation and a proposal is currently on the table that would increase that figure to 500,000 individual units. What's more, the new legislation would include vehicles weighing 10,000 pounds or more, increasing the available credit to as much as $15,000 for these heavy-duty vehicles.
A separate line of credit would be made available for low-speed vehicles, motorcycles, and three-wheeled vehicles (like those from Aptera, we presume) that would otherwise meet the PHEV criteria, if not for their lack of wheels or top speed limitations, that allows credits of up to $4,000.
[Source: Green Car Congress]
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