US fleets get tax breaks for EU-built EVs

Fleet operators in the United States (US) who buy an electric commercial vehicle made in the European Union can take advantage of the same tax advantages as if the vehicle were made in the US, following a new agreement between the European Commission (EC) and US.

The EC described the new agreement as a ‘win-win’ and said: “US taxpayers will be able to take advantage of highly efficient EU-made electric vehicles and components, while EU companies that provide their customers through leases with cutting-edge clean vehicles can benefit from the incentives under the IRA.”

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