IRS Allows Car Dealers to Offer Instant Rebates on Electric Vehicles in 2024
IRS' memo outlines that eligible vehicles may potentially qualify for a tax credit of up to $7,500.
Source: techtimes.com
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IRS' memo outlines that eligible vehicles may potentially qualify for a tax credit of up to $7,500.
Tesla surprised the market by revealing that every new Model 3 is eligible for the full $7,500 federal EV tax credit.
GM and Hyundai are two of the latest companies which announce their plans to create EV batteries with South Korean partners.