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

EV Life

JANUARY 4, 2024

These additional requirements are meant to encourage the auto industry to rely less on foreign countries like China and more on domestic sources for these components, promoting local manufacturing and supply chain security. Read on or just use EV Life’s EV Savings Calculator to tell you what you and your vehicle qualify for.

Tax Credit

Tax Credit Tax Personal F-150

President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

AUGUST 5, 2009

Industry officials expect that this $2.4 billion in cost-share from the award winners, will result directly in the creation tens of thousands of manufacturing jobs in the US battery and auto industries. Develop, validate, and deploy 220 advanced plug-in hybrid electric pickups and minivans. Colorado State University. $5.

Grant

Grant Lithium Ion Obama St. Louis

EV Driven

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

President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

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