Only six EVs still qualify for the $7,500 federal tax credit after new rules go into effect

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Only six EVs still qualify for the $7,500 federal tax credit after new rules go into effect

Posted by - Latinos MediaSyndication -

on - April 17, 2023 -

Filed in - Technology -

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Photo by Andrew Hawkins / The Verge

The Internal Revenue Service released its list of electric vehicles that will still qualify for the $7,500 federal EV tax credit after strict new supply chain rules go into effect on April 18th. And oh boy, is it short.

Big winners include Tesla, Ford, Chrysler, Jeep, and General Motors. Gone from the list are heavy hitters like Volkswagen, BMW, Nissan, Hyundai, and Rivian. The revised list is sure to change as more battery factories come online in the US, but for now, the list of qualifying vehicles is significantly shorter than its ever been.

Big winners include Tesla, Ford, Chrysler, Jeep, and General Motors

Only six battery-electric models will initially qualify for the full $7,500 credit starting: Cadillac Lyriq, Chevy Bolt EV and...

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Only six EVs still qualify for the $7,500 federal tax credit after new rules go into effect

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