81% of EVs Sold in 2023 Still Qualify for the Federal EV Tax Credit
EV Life
MAY 19, 2023
The tax credit is part of a broader plan to make 50% of new vehicles sold in the United States hybrids or plug-ins by 2030. To be eligible for the tax credit after April 18, 2023, at least 50% of the components in the vehicle’s battery must be manufactured or assembled in North America. · or in a country with which the U.S
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