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Which 2024 EVs qualify for the $7,500 EV tax credit?

Baua Electric

JANUARY 2, 2024

As of 2024, in addition to North American assembly, 60% of battery parts will need to be North American–sourced in order to qualify for half of the credit amount ($3,750). It’s all part of a comprehensive push from the Biden administration to foster a domestic supply chain for EVs. Starting Jan.

Tax Credit 52
Tax Credit Tax Chevrolet Jeep 52
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How New Eligibility Criteria for the Electric Vehicle Tax Credit Affects You

Blink Charging

DECEMBER 15, 2023

Opting for an electric vehicle and leveraging the EV tax credit to help with your next electric vehicle purchase is a smart move. Simply put, this means if a manufacturer is mostly based in countries such as North Korea, China, Russia, or Iran, they won’t qualify for the tax credit.

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Tax Credit Tax Electric Vehicles North America 52
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