More Tesla, GM, Ford EVs Qualify For Tax Credit

[Admin]

The United States Treasury Department revised its vehicle classification definitions on Friday, February 3, 2023. The move will see more electric vehicles from Tesla, General Motors, Ford Motor, and Volkswagen qualify for up to $7,500 of the federal tax credit. The reclassification is a win for EV makers that have pushed for the Biden administration … (read full article...)

 

[Amperix]

The revised vehicle classification definitions could help to expand the number of electric vehicles that are eligible for the tax credit, and could provide a much-needed boost for the electric vehicle market in the United States.