Biden administration outlines rules for instant EV rebates to boost sales

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Biden administration outlines rules for instant EV rebates to boost sales
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Eden Villalovas is a breaking news reporter. Eden graduated from the University of Colorado, Boulder, in May 2022, where she served as the managing editor of the Bold. Originally from San Diego, California, Eden wrote for the Daily Camera and Denver Life Magazine before moving to Washington to work for the Center for Strategic and International Studies.Follow her on X: @eden_villalovas.

The United States Treasury Department released new proposed guidance on Friday for electric vehicle tax credits that will put money back in buyers' pockets instantly.

Beginning next year, buyers of new, clean vehicles can transfer federal tax credits to use at the dealership rather than waiting for a tax refund.

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