Baua Electric

MAY 3, 2024

Manufacturers may temporarily exclude certain impracticable-to-trace battery materials from FEOC compliance until 2027 as long as they demonstrate how they plan to comply by then, Treasury said. 1 restricting Chinese content in batteries eligible for EV tax credits of up to USD 7,500, which sharply cut the number of eligible vehicles.

Tax Credit 52

Tax Credit Tax Chinese Auto 52

Baua Electric

MARCH 13, 2024

At launch, the entire 2025 Polestar 3 lineup will have dual-motor all-wheel drive, with an output of 489 hp and 620 lb-ft of torque, and a 111-kwh battery pack. The 2025 Polestar 3 will arrive for first deliveries in the U.S. Polestar has said that U.S. production of the 3 would be not just for the U.S. market but for export to some markets.

Miles 52

Miles South Carolina North Korea Volvo 52

CleanTechnica EVs

MAY 3, 2024

Final Guidance Provides Clarity on Terms that Restrict FEOCs from Clean Vehicle Tax Credits and Support Growth of Domestic Battery Materials Processing and Manufacturing WASHINGTON, D.C. Today, the U.S.

Tax Credit 63

Tax Credit Tax Washington Clean 63

EV Life

JANUARY 4, 2024

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?

Tax Credit 52

Tax Credit Tax Personal F-150 52

Baua Electric

JANUARY 2, 2024

The list of electric vehicles qualified for the EV tax credit in calendar year 2024 has been released. Also of note: No Rivian electric truck qualifies for the full $7,500 tax credit amount in 2024, at this time. In 2025, the tax credit rules will be extended to mining, processing, and recycling of critical minerals.

Tax Credit 52

Tax Credit Tax Chevrolet Jeep 52

Teslarati

DECEMBER 3, 2023

The White House issued new guidance on federal electric vehicle (EV) tax credits this week, including a key exemption that’s considered a win for many automakers, as it offers extra time for companies attempting to set up battery production operations in the U.S. These countries include North Korea, China, Russia and Iran.

Tax Credit 84

Tax Credit Tax North Korea Iran 84

Teslarati

DECEMBER 12, 2023

Tesla updated its configuration page recently, informing customers that select Tesla Model 3 variants will not qualify for the Inflation Reduction Act’s (IRA) $7,500 tax credit in 2024. The Tesla Model 3 Rear-Wheel Drive (RWD) and the Long Range variant qualify for the IRA’s $7,500 tax credit until December 31, 2024.

Tax Credit 78

Tax Credit Tax Tesla North Korea 78