"U.S. Administration Expands EV Charging Tax Credits and Funding"

The Biden administration has issued guidance making much of the country eligible for tax credits aimed at offsetting the cost of installing electric vehicle chargers, covering areas outside major cities. This initiative is part of the administration's goal to have electric vehicles account for half of new car sales by 2030, and the tax credits can be claimed for charging equipment installed for public or private use at homes or on business properties. The move aims to make it more affordable for Americans to deploy electric vehicle chargers.