Name: US Cuts EV Tax Credit Eligibility Down to 8 Models
Uploaded: 2024-01-05T02:13:18.000Z
Description: The $7,500 EV tax credit has shrunk eligibility to eight vehicles, targeting electric vehicles that use Chinese materials. Washington plans to phase out credits for cars with Chinese components by 2024, while automakers might expand the list by submitting more models for consideration.

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The $7,500 EV tax credit has shrunk eligibility to eight vehicles, targeting electric vehicles that use Chinese materials. Washington plans to phase out credits for cars with Chinese components by 2024, while automakers might expand the list by submitting more models for consideration.

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