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Volkswagon

President Biden signs Inflation Reduction Act, cut EV tax incentives

Teslarati

AUGUST 16, 2022

President Joe Biden will sign the Inflation Reduction Act today, and the act will cut EV tax incentives with it. The act makes loans and tax breaks available to manufacturers to switch production to electric vehicles. The post President Biden signs Inflation Reduction Act, cut EV tax incentives appeared first on TESLARATI.

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

The Inflation Reduction Act of 2022 (IRA) introduced new guidelines for a federal EV tax credit aimed at helping qualified drivers purchase an electric vehicle. The tax credit is part of a broader plan to make 50% of new vehicles sold in the United States hybrids or plug-ins by 2030. What are the New Changes to the Federal Tax Credit?

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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