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Illinois Enacts Tax Incentives to Attract Electric Vehicle Manufacturing

In November 2021, Illinois Governor JB Pritzker signed the Reimagining Electric Vehicles Act (the “REV Act”), which, together with the recently enacted Climate and Equitable Jobs Act, further incentivizes the production and...more

Electric Vehicle and Charging Station Tax Credits: Assessing Proposed Changes

Section 30D of the US Internal Revenue Code (“IRC”) provides business and individual taxpayers that purchase new qualified plug-in electric drive motor vehicles (“EVs”), including passenger vehicles and light trucks, with a...more

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