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Which 2024 EVs qualify for the $7,500 EV tax credit?

Baua Electric

As of 2024, in addition to North American assembly, 60% of battery parts will need to be North American–sourced in order to qualify for half of the credit amount ($3,750). The list of electric vehicles qualified for the EV tax credit in calendar year 2024 has been released. And as expected, it’s very short. Starting Jan. Starting Jan.

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From Scooters to High Speed Rail, China is Electrifying

Plugs and Cars

Just as today we can look at a nighttime satellite image and see the black void that is recalcitrant, unelectrified North Korea, once that was China. Plug-in cars from a half dozen Chinese automakers were on display along with charge stations in an attractive setting amidst a winding course for test drives. But it is an anomaly.

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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

On the one hand, the (up to) $7,500 tax credit is now available right away at the point of sale, eliminating the wait time and allowing drivers to apply their savings directly to the purchase of their vehicle at the dealership—which is great for consumers. In fact, it’s what EV Life has been doing for our customers for years.