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The new EV rebates, part of a $2.3 trillion infrastructure and jobs proposal, would be a potential big boost to U.S. automakers, especially General Motors (NYSE:GM) and Tesla (NASDAQ:TSLA) Inc, which no longer qualify for $7,500 rebates after they sold more than 200,000 zero-emission models.
The plan also calls for $20 billion for electric school buses, $25 billion for zero emission transit vehicles and $14 billion in other tax incentives.
Politico reported the email earlier on Wednesday.
