EV credit-bill> no .cn batts allowed, must be N.American made +

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Aug 25, 2022, 12:39:18 PM8/25/22
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https://www.carscoops.com/2022/08/new-7500-ev-tax-credit-passes-senate-but-most-electric-cars-in-the-market-now-wouldnt-qualify/
New $7,500 EV Tax Credit Passes Senate, But Will Require Carmakers To End Reliance On Chinese Batteries
2022/08/08 ... to be eligible in 2024, a vehicle must not only be built in North America but its battery must be comprised of at least 40 percent of materials sourced in North America or a US trading partner. Each year that percentage rises by 10 percent until by 2029, when it’s at 100 percent of the battery components. Today, China makes up some 76 percent of the lithium-ion battery market ...

https://ktla.com/news/nationworld/heres-why-most-evs-wont-qualify-for-new-ev-credit/
Here’s why most EVs won’t qualify for new EV credit
2022/08/09 ... The Inflation Reduction Act now approaching final approval in Congress includes a well-intended tax credit of up to $7,500 if you purchase an electric vehicle ... Washington ... lawmakers wrote the law in such a way that most EV buyers won’t qualify for the assistance ... flash video ...

https://www.washingtonpost.com/climate-solutions/2022/08/10/electric-vehicle-ev-ira-credit-bill/
Buy now or wait? What the new electric vehicle credits mean for you.
2022/08/10 ... many of the stipulations determining eligibility — manufacturing requirements that a number of current models likely won’t be able to meet in the short term — have sparked confusion among people scrambling to figure out how their plans to purchase these cars could be affected ...
https://arc-anglerfish-washpost-prod-washpost.s3.amazonaws.com/public/5BGKS7QEPAI63C7LFNHEQGYVAA.jpg

https://www.texasstandard.org/stories/ev-tax-credit-inflation-reduction-act/
Why you can’t get a tax credit for that new electric vehicle
2022/08/12 ... The Inflation Reduction Act includes an EV tax credit, but no current car models qualify because their batteries are mostly made in China ...

https://finance.yahoo.com/m/84c63326-1343-316f-a251-15f42aa81de2/used-evs-how-to-navigate-the.html
Used EVs: How to navigate the tight market for pre-owned electric vehicles like the Nissan Leaf and Chevy Volt
2022/08/12 ... Congress nears approval of a $4,000 tax credit on previously-owned electric vehicles. Here are key considerations as you hunt for a gas-powered alternative ...
https://www.marketwatch.com/story/used-evs-how-to-navigate-the-tight-market-for-pre-owned-electric-vehicles-11660314775

https://www.popsci.com/technology/electric-vehicle-tax-credits-explained/
Everything you need to know about EV tax credits and the Inflation Reduction Act
2022/08/12 ... With the IRA in gear to become law, big changes are coming down the road for people who want to buy electric vehicles ... it makes sense to consider the way tax credits have worked in the clean vehicle space, pre-IRA, in the United States. Currently, in some cases, as much as $7,500 is available as a tax credit to people who want to buy an electric vehicle or a plug-in hybrid. “The amount of money that you could credit from your taxes was based on the battery size, although the battery size limits were so low, that basically everything qualified for the $7,500,” ...

https://www.businessinsider.com/electric-vehicles-may-get-a-tax-break-under-climate-bill-2022-8
Here are 14 electric vehicles that might qualify for new tax breaks under the climate bill
2022/08/13 ... Electric vehicles from Tesla, Ford, and General Motors might qualify for new $7,500 tax breaks.  The climate bill has price and manufacturing requirements that disqualify most current models.  Some automakers are pushing for delays until they can shift supply chains away from Asia ...

https://www.freightwaves.com/news/congress-approves-incentive-boost-for-ev-truck-purchases
Congress approves incentive boost for EV truck purchases
2022/08/13 ... Biden expected to sign bill providing tax credit of up to $40,000 per truck ...

https://techcrunch.com/2022/08/16/biden-admin-says-about-20-models-will-still-qualify-for-ev-tax-credits/
Biden admin says about 20 models will still qualify for EV tax credits
2022/08/16 ... tax credits, they’ll need to have final assembly in North America ... Any manufacturer that does not assemble vehicles in North America or has reached their cap of 200,000 EV credits will not be eligible for the freshly named Clean Vehicle Credit this year ...

https://www.carscoops.com/2022/08/these-34-electric-cars-wont-qualify-for-bidens-new-ev-tax-credits/
These 34 Electric Cars Won’t Qualify For Biden’s New EV Tax Credits
2022/08/21 ...



VinFast .vn EV preorders> rebate eligibile

https://techcrunch.com/2022/08/14/vinfast-federal-tax-credit/
VinFast says preorders ‘will get a $7,500 rebate,’ federal tax credit or not
2022/08/14 ... “For customers who apply for the $7,500 tax credit under current IRC 30D requirements and are denied by the IRS for reasons not attributable to the customer, VinFast will provide the customer a $7,500 purchase price rebate (or similar rebate) on their VinFast vehicle purchase. The binding agreement contains additional details on eligibility for the rebate.” ...
https://techcrunch.com/wp-content/uploads/2022/01/S9.jpg




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