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2023 tax credits for electric vehicles could boost their appeal

Starting January 1, many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle.

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2023 tax credits for EVs will boost their appeal

2023 tax credits for EVs will boost their appeal
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United statesSouth koreaMike fiskeFatima husseinJoe bidenEnergy departmentAssociated pressTreasury departmentEuropean unionInflation reduction actNorth americaBlue bookChevy boltNissan leafChris hartoConsumer reports

2023 tax credits for EVs will boost their appeal

Starting Jan. 1, many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle. The credit, part of changes enacted in the Inflation Reduction Act, is designed to spur EV sales and reduce greenhouse emissions.

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EXPLAINER: 2023 tax credits for EVs will boost their appeal

WASHINGTON (AP) Starting Jan. 1, many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle. The credit, part of

United statesSouth koreaMike fiskeFatima husseinJoe bidenEnergy departmentAssociated pressTreasury departmentEuropean unionTreasury department onInflation reduction actNorth americaBlue bookChevy boltNissan leafChris harto