Today’s Solutions: March 20, 2025

Maryland’s EV tax credit was

Maryland’s EV tax credit was so popular it ran out before the fiscal year began

Maryland wanted more people to switch to electric cars, so the state put $6 million aside in a fund this year that would provide tax credits to residents who buy an EV. Under the deal, Maryland offered a $100 credit per kilowatt-hour of battery capacity for EVs and plug-in hybrids (with a maximum Read More...