New Mexico revisits tax credits for electric vehicles after governor's veto

SANTA FE, N.M. (AP) — The administration of New Mexico Gov. Michelle Lujan Grisham used a legislative hearing Monday to outline new priorities for state credits toward the purchase of electric vehicles that would aid low-income residents as well as small businesses. Taxation and Revenue Department Secretary Stephanie Schardin Clarke told a panel of legislators the administration envisions tax credits that would provide a refund for low-income residents toward the purchase of a electric or plug-in electric vehicle. She said the credit likely would apply to new and used vehicles,...