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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

Nissan, Volkswagen, Tesla, and other automakers have already indicated that they intend to make the necessary changes to get certain models back on the list before the end of 2024. In addition, battery sourcing requirements can also affect a vehicle’s eligibility. The full $7,500 tax credit is split into two parts, each worth $3,750.