Comment on Winners and losers as the EV tax credit rules change for 2025

Winners and losers as the EV tax credit rules change for 2025

The list of electric vehicles that qualify for the IRS clean vehicle tax credit has changed with the arrival of the new year. No longer linked to battery capacity, the credit of up to $7,500 is now tied to the sourcing of battery components—each year, an increasing amount must be extracted or refined in the US (or a free trade partner) to be eligible.

 

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