![]() ![]() ![]() 1, immediately ending tax credit eligibility for all import-brand EVs and PHEVs. The ruling clarifies language in a revised tax credit plan set to take effect Jan. It is a ruling that could dramatically slow the sales momentum electrified vehicles have been enjoying over the past year as it strips buyers of a credit that could put up to $7,500 back into their pockets at tax time. 31.Īlmost all import brand electric and plug-in hybrid vehicles immediately lost their federal clean vehicle tax credit incentive eligibility when President Biden signed the Inflation Reduction Act on Tuesday, according to the IRS. remain eligible for the federal tax credit incentive from now through Dec. Only 16 of the 65 plug-in hybrid and all-electric vehicles sold in the U.S. Most electric vehicles that were expected to be eligible for a federal tax credit through the end of the year were abruptly cut off this week. 16 are subject to a new tax credit plan with a North American assembly requirement.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |