Switching to an electric vehicle is one of the most impactful changes that an individual can make to reduce their personal contribution to climate change, and making that choice is becoming easier.
New rules mean less EV types eligible for tax credit dailyreporter.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyreporter.com Daily Mail and Mail on Sunday newspapers.
U.S. consumers looking to get a tax credit on an electric vehicle purchase will have fewer models to choose from under new rules that limit the countries where automakers can
The Inflation Reduction Act signed into law in 2022 expanded tax credits ranging from USD 3,750 to USD 7,500 for purchases of new and used EVs, an effort by the Biden administration to stoke demand toward its goal that half of all new vehicle sales be electric by 2030. But qualifying for the credits depends on requirements related to their battery makeup and minerals that get tougher each year.
For Consumers Shopping for an EV, New Rules Mean Fewer Models Qualify for a Tax Credit theyeshivaworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theyeshivaworld.com Daily Mail and Mail on Sunday newspapers.