Zero EVs May Qualify For the Federal Tax Credit Under the Inflation Reduction Act Requirements
EV Adoption
AUGUST 4, 2022
The critical materials in the battery that were extracted or processed in a country with a free trade agreement (which includes Australia, Chile, South Korea, etc.) This means EVs like the Mustang Mach-E which is assembled in Mexico, and the Chrysler Pacifica Hybrid (PHEV) which is assembled in Canada, would qualify.
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