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. The Inflation Reduction Act of 2022 (IRA) introduced new guidelines for a federal EV tax credit aimed at helping qualified drivers purchase an electric vehicle.
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