EV tax credit extended to $80,000 electric SUVs

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Electric cars classified as small sport utility vehicles such as the Ford Mustang Mach-E and Hyundai Ioniq 5 with a sticker price of up to $80,000 now qualify for the full federal EV tax credit, the U.S. Treasury Department said Friday in a statement. Until the clarification on electric vehicle classifications, the price cap for those vehicles to...

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