Stricter guidance means fewer EVs will qualify for $7,500 federal tax credit

Engadget
By Will ShanklinMar 31, 2023, 2:03 pm152 pts
The US Treasury Department issued updated guidance today about which electric vehicles qualify for the federal $7,500 EV tax credit under the Inflation Reduction Act (IRA) that President Biden signed last year. Although the new guidelines add more confusion than clarity, it’s evident that fewer EVs will be…

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