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The 21st Century Vehicle Choice Act requires the Secretary of Commerce to submit a report on the variety and pricing of motor vehicles available in the U.S. market, and directs the Secretary of Energy to report on critical minerals needed for hybrid and electric vehicles and on electric vehicle charging station availability along high-consumption gasoline routes. The bill also increases federal tax credits for new clean vehicles (from $3,750 to $7,500 per vehicle), used clean vehicles (from $4,000 to $8,000), and alternative fuel refueling property (from 30% to 50% of installation costs), while lowering income thresholds for eligibility on new vehicle credits.
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