Electric vehicle chargers get a new tax credit, but only in poor or rural areas

The US Treasury Department is holding a public hearing on new tax credit rules for alternative fuel vehicle charging stations. These credits will only apply to stations built in low-income communities or non-urban areas.

The US government wants to make sure that the benefits of electric vehicles, like cleaner air and lower fuel costs, reach everyone. For years, most EV charging infrastructure has been built in wealthier, urban areas. This change means that companies building charging stations will now have a financial incentive to locate them in places that have been overlooked.