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The list of electricvehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. New Changes in 2024: Instant Rebates Starting in January 2024, electricvehicle purchasers will no longer need to wait until the subsequent tax season to receive their credit.
The list of electricvehicles qualified for the EV tax credit in calendar year 2024 has been released. In 2025, the tax credit rules will be extended to mining, processing, and recycling of critical minerals. And as expected, it’s very short. Starting Jan. 1, as detailed by the Department of Energy just a month ago on Dec.
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