Zero EVs May Qualify For the Federal Tax Credit Under the Inflation Reduction Act Requirements
EV Adoption
AUGUST 4, 2022
On Thursday, August 4 Senator Kyrsten Sinema, the Democrat from Arizona, who previously said she would not support the IRA, got a change she wanted in the Act and said she would now vote for its passage. By my initial analysis, those two provisions would disqualify roughly 70% of all EVs from the tax credit.
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