President Biden signs Inflation Reduction Act, cut EV tax incentives
Teslarati
AUGUST 16, 2022
Even many of the more affordable EV offerings will no longer be eligible, including the Hyundai Kona EV, Kia Niro EV, Polestar 2, or the internationally-produced Volkswagon ID.4s. President Joe Biden will sign the Inflation Reduction Act today, and the act will cut EV tax incentives with it.
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