These Are The Only 21 Vehicles That May Be Eligible For Biden's New EV Tax Credits | Carscoops carscoops ⬇️
Controversial changes made to the tax credit mean EVs and hybrids must now be made in North America to be eligible. A price cap of $80,000 has also been introduced and the income of a single buyer cannot exceed $150,000, and $300,000 for couples. Furthermore, the batteries of vehicles will need to have at least 40 per cent of their materials sourced from the U.S. or from a U.S. trading partner to be eligible.
The new bill will end credits for approximately 70 per cent of the 72 vehicles that were previously eligible,
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