Similar Stories to Winners And Losers As The Ev Tax Credit Rules Change For 2025 on Bing News

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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BING NEWS:
  • Winners and losers as the EV tax credit rules change for 2025
    Genesis' GV70 Electrified now qualifies for the full EV tax credit, as do Hyundai's Ioniq 5 and Ioniq 9, and the Kia EV6 and EV9. But those appear to be the only newly qualified EVs for 2025. And the ...
    01/8/2025 - 9:30 pm | View Link
  • Opinion: The case for killing the tax credit for electric vehicles
    This credit remains what it has been from the start: an ineffective subsidy primarily benefiting the wealthy. Congress should end it.
    01/8/2025 - 8:37 am | View Link
  • US EV Tax Credit Slashes Eligible Vehicles by 37%, Shifting Focus to Domestic Brands
    The reduction of US electric vehicle tax credits significantly limits eligible car models, amid Trump's potential return to office.
    01/5/2025 - 8:15 pm | View Link
  • $7,500 EV Tax Credit at Risk as Hyundai, Kia Models Finally Qualify
    Electric vehicles from Hyundai and Kia are eligible for a $7,500 clean energy tax break. But is the popular tax credit on its way out?
    01/5/2025 - 2:12 am | View Link
  • Big names drop off the EV federal tax credit list in the US, as government cracks down on China
    Popular models from Volkswagen and Rivian no longer qualify Nissan Leaf drops off the list Tesla, Kia, Hyundai and Chevrolet among those with the largest choice Rewind a couple of years and any EV ...
    01/3/2025 - 1:16 am | View Link
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