The Inflation Reduction Act, the major climate bill, was signed August 16, changing the availability of electric vehicle tax credits. The law is still in the process of being implemented, so tax credit qualifications continue to change as the IRS offers further guidance. This post intends to break down the current eligibility requirements for the EV tax credit as they continue to be updated.
Expand Expanding CloseHere are the cars eligible for the $7,500 EV tax credit in the Inflation Reduction Act in 2023
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