Listen Up, Fleets: Electric Semi Trucks Could Get $40K Credit if the latest version of the Inflation Reduction Bill passes.
That’s exactly what companies like Tesla, GM, and Toyota — who recently exceeded their 200,000 EV ceiling — have asked for, but while those extended tax credits for consumers make headlines, the makers of class 8, heavy duty electric semi trucks will be getting a huge boost in the form of a tax credit that would cover fully 30% of the cost of a new, zero-emissions work truck.
That proposed credit would be capped at $40,000, but that’s still a big part of the Tesla Semi’s projected $150,000 price tag, whenever that arrives. The good news for truck makers who are already in production (companies like
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