10:01 AM EDT, 07/10/2024 (MT Newswires) -- Carvana ( CVNA ) said Wednesday that it launched new features to streamline the process of buying a used electric vehicle or plug-in hybrid electric vehicle for customers.

The features include the integration of the federal tax credit into its e-commerce platform, allowing the automated system to check vehicle eligibility and apply the Clean Vehicle Tax Credit at checkout for eligible customers, said Carvana ( CVNA ).

Shares of Carvana ( CVNA ) were up more than 6% in recent trading.

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