Posted on Apr 15, 2023
A $7,500 tax credit for electric cars changed, again. These are the models impacted
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https://www.npr.org/2023/04/15/ [login to see] /electric-cars-vehicles-tax-credit-climate-bill
The federal tax credits for electric vehicles, which have been a cause of confusion for automakers and car shoppers alike for months, are about to go through another big change.
Starting Tuesday, fewer vehicles will qualify for the current $7,500 tax credit. Some will get a $3,750 credit instead, and some cars will no longer get any credit at all, thanks to battery sourcing requirements that are kicking in.
The federal tax credits for electric vehicles, which have been a cause of confusion for automakers and car shoppers alike for months, are about to go through another big change.
Starting Tuesday, fewer vehicles will qualify for the current $7,500 tax credit. Some will get a $3,750 credit instead, and some cars will no longer get any credit at all, thanks to battery sourcing requirements that are kicking in.
A $7,500 tax credit for electric cars changed, again. These are the models impacted
Posted from npr.org
Cars
Taxes
Posted 1 y ago
Responses: 2
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PO1 William "Chip" Nagel With the cost of electric cars right now and lack of charging availability I'm sure as hell not buying on even if the credit was $20,000.00.
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