2023 Federal Tax Credit: Only Five BEV Manufacturers Qualify via insideevs.com
MSRP limit:Income limits for different tax statuses:Critical minerals : 40% of the value of critical minerals need to be mined or processed in the United States , or recycled in North America
As we can see, the models that fully comply with the requirements are eligible for up to $7,500. Meeting just one of the battery-related requirements will reduce the incentive to $3,750.
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