Proposed Changes to Federal EV Tax Credit – Part 4: Chinese-Assembled Vehicles Will Not Be Eligible for Tax Credit
EV Adoption
AUGUST 23, 2021
Effective January 1, 2022, electric vehicles with final assembly* (see definition at the end) in China would no longer qualify for IRC 30D (federal EV tax credit). Kandi also offers the two EVs as NEVs (neighborhood electric vehicles) and those could end up being Kandi’s near-term focus instead. Kandi K27 – Source: Kandi.
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