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Which EVs qualify for new US tax credit? Websites offer help

KIFI

BY TOM KRISHER and FATIMA HUSSEIN
Associated Press

WASHINGTON (AP) — The U.S. government is moving forward with its plan to award new tax credits to electric vehicle purchasers. It’s part of the rollout of a huge new climate, tax and healthcare law. Several new websites launched Tuesday to help people identify which vehicles qualify for the credits. Based on data submitted to the National Highway Traffic Safety Administration, at least 31 new 2022 and 2023 models qualify for the tax credit. For starters, they must be made in North America to be eligible. President Joe Biden signed Democrats’ landmark climate change and health care bill into law on Tuesday afternoon. It includes a tax credit of up to $7,500 that could be used to defray the cost of purchasing an electric vehicle.

Article Topic Follows: AP National Business

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