Proposed Changes to Federal EV Tax Credit – Part 4: Chinese-Assembled Vehicles Will Not Be Eligible for Tax Credit
EV Adoption
AUGUST 23, 2021
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). Currently only the Polestar 2 and Volvo S90 T8 PHEV are being produced in China for sale in the US. Volvo S90 T8 PHEV – Source: Volvo.
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