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PHEV

Volkswagon

President Biden signs Inflation Reduction Act, cut EV tax incentives

Teslarati

AUGUST 16, 2022

According to manufacturers, roughly 70% of electric, PHEV, and fuel cell electric vehicles are no longer eligible for incentives. According to Yahoo News , some other notable models that will be affected by these changes include most of Tesla’s lineup , as most of the company’s vehicles are currently sold above the $55,000 limit.

Tax

Tax Volkswagon F-150 Kia

81% of EVs Sold in 2023 Still Qualify for the Federal EV Tax Credit

EV Life

MAY 19, 2023

As companies break ground on new factories in the U.S By incentivizing automakers to source their battery components and critical minerals from the U.S or its trading partners, the federal government is shifting supply chains away from China and encouraging domestic investment.

Tax Credit

Tax Credit Tax Personal F-150

EV Driven

President Biden signs Inflation Reduction Act, cut EV tax incentives

81% of EVs Sold in 2023 Still Qualify for the Federal EV Tax Credit

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