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New Electric Trucks Qualify for Hefty Tax Credit as Inflation Reduction Act Takes Effect

01/19/2023 10:31 AM | Anonymous member (Administrator)

Customers purchasing a new battery-electric or fuel-cell heavy-duty truck could qualify for a tax credit of as much as $40,000 under a new federal program that was part of the Inflation Reduction Act (IRA). The IRA tax credit makes owning an electric truck cheaper than owning a diesel one in most cases, with urban and regional electric trucks becoming cost-superior to diesel models as soon as this year. 

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