To qualify, an electric car or plug-in hybrid vehicle must be assembled in North America and must meet a strict set of guidelines that cover where battery materials were sourced.
If you’re looking for a new battery-electric vehicle and counting on federal tax credits to help make it affordable, you’re going to find far fewer models now qualify for government incentives under new rules that go into effect today. Find out which ones at TheDetroitBureau.com.
Starting on Tuesday, a $7,500 tax credit will shrink or disappear for some vehicles, but popular models like the Chevy Bolt, F-150 Lightning and Tesla Model Y are still eligible for the full amount.