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flag US Senate ends tax credits for electric vehicles, eliminating up to $7,500 for new EVs.

flag The US Senate has passed legislation that will end tax credits for electric vehicles (EVs) after September, eliminating a $7,500 credit for new EVs and a $4,000 credit for used ones. flag This move aims to reduce carbon emissions, though critics argue it could slow EV adoption. flag The credits are intended to make EVs more affordable despite their higher upfront costs. flag State and local incentives may still be available.

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