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Proposed Changes to Federal EV Tax Credit – Part 4: Chinese-Assembled Vehicles Will Not Be Eligible for Tax Credit

EV Adoption

Effective January 1, 2022, electric vehicles with final assembly* (see definition at the end) in China would no longer qualify for IRC 30D (federal EV tax credit). Kandi also offers the two EVs as NEVs (neighborhood electric vehicles) and those could end up being Kandi’s near-term focus instead. Kandi K27 – Source: Kandi.