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.) Today, too many of the tax credits go to people replacing a Prius hybrid with an EV, which does very little to actually produce a net decline in GHGs. Closing Thoughts.
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