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Proposed electric vehicle tax credit will either surge or die in coming days

A proposed tax credit designed to make electric vehicles more affordable and give a jolt to New Mexico’s clean car transition is heading toward a critical juncture in this year’s legislative session.

The EV credit will be part of the legislative tax package, which the House Taxation and Revenue Committee is expected to review this week. Members can vote to modify it, leave it as is or remove it from the package.

The tax credit would be the final spoke in a wheel proponents say is essential to making electrification happen in New Mexico. The other two are a statewide network of EV charging stations and an ample supply of the vehicles for people to buy.

Luring buyers, not forcing sellers

Benefits debated

This article was originally published by a www.santafenewmexican.com . Read the Original article here. .

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