• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Feds: 90% of eligible EV purchases get tax credit at point of sale

Green Car Reports
The majority of EV purchasers eligible for a federal tax credit have gotten the credit as a point-of-sale rebate since that option was added at the beginning of the year, The Treasury Department said in a press release. As part of a revamp of the federal EV credit enacted under the Inflation Reduction Act (IRA), credits of up to $7,500 for new EVs… Read more…

Bookmark the permalink.

Comments are closed.