Buying an electric car? You can get a $7,500 tax credit, but it won’t be easy
The tax credits for purchasing electric vehicles (EVs) got a major overhaul on Jan. 1
The Biden Administration provided $3 billion from the Inflation Reduction Act to help make the purchase, which is expected to cost $9.6 billion in total.
The Wolf Administration is putting $3.4 million toward building electric vehicle charging stations across the state and $2 million to EV rebates.
They could be up and running again to four to six weeks.