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New rules mean less EV types eligible for tax credit

New rules mean less EV types eligible for tax credit
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For consumers shopping for an EV, new rules mean fewer models qualify for a tax credit

U.S. consumers looking to get a tax credit on an electric vehicle purchase will have fewer models to choose from under new rules that limit the countries where automakers can ....

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For consumers shopping for an EV, new rules mean fewer models qualify for a tax credit, ET Auto

The Inflation Reduction Act signed into law in 2022 expanded tax credits ranging from USD 3,750 to USD 7,500 for purchases of new and used EVs, an effort by the Biden administration to stoke demand toward its goal that half of all new vehicle sales be electric by 2030. But qualifying for the credits depends on requirements related to their battery makeup and minerals that get tougher each year. ....

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For Consumers Shopping for an EV, New Rules Mean Fewer Models Qualify for a Tax Credit

For Consumers Shopping for an EV, New Rules Mean Fewer Models Qualify for a Tax Credit
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For consumers shopping for an EV, new rules mean fewer models qualify for a tax credit | News, Sports, Jobs

DETROIT (AP) U.S. consumers looking to get a tax credit on an electric vehicle purchase have fewer models to choose from under new rules that limit the countries where automakers can buy battery parts and minerals a potential blow to efforts to reduce planet-warming emissions from autos. The Inflation Reduction Act signed into […] ....

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