PHEV Purchase Volkswagon 
EV Life
JUNE 8, 2023
The federal tax credit, defined under the Inflation Reduction Act , provides tax rebates of up to $7,500 toward the purchase of an electric vehicle, and there are many state and local programs that offer additional incentives for electric vehicle purchases, retiring old gas guzzlers, installing home chargers, and more. But guess what?
EV Life
MAY 19, 2023
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. Applicants can receive a non-refundable tax credit of up to $7,500 on the purchase of any of the eligible vehicles listed under the IRA. Critical minerals. Battery components.
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