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3 Scenarios That Would Make An EV Ineligible For the Federal EV Tax Credit

EV Adoption

Sport Utility Vehicles (SUVs): $80,000. But isn’t clear is if some crossovers will fall under the “Other” category and not the SUV classification? If categorized as an SUV, however, the LYRIQ would qualify for the maximum $12,500 tax credit. The MSRP price caps by vehicle body type are: Vans: $80,000.