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It’s possible no electric vehicles will qualify for the new tax credit

Ars Technica LogoArs Technica1 mo ago

It’s possible no electric vehicles will qualify for the new tax credit

Quick Summary

There is no grace period, so credits effectively end once the bill is signed.

And that will be a problem if you're looking to buy an EV in 2023.

Enlarge / Volkswagen is one of several automakers that are already assembling their EV battery packs locally.


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It’s possible no electric vehicles will qualify for the new tax credit - Ars Technica (Picture 1)

News Analysis

Author / Journalist: Jonathan M. Gitlin

Category: Technology

Topics: LG Chem Tesla Inflation reduction act of 2022 Stellantis Ford China Battery Lithium ion battery SK innovation EV tax credit Volkswagen General Motors Cars

Source Website Secure: Yes (HTTPS)

Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

News Source URL: arstechnica.com

Readership Location: United States

Published Date: 2022-08-08, 22:11:19

News Timezone: GMT -5:00

Language: English

Original Article Length: 242 words

Reading Duration: 2 minutes read

Compatibility: Desktop Web, Mobile Web, iOS App, Android App

News ID: 1499271

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About Publisher

Ars Technica Logo

Name: Ars Technica

Main Topics: Technology

Official Website: arstechnica.com

Update Frequency: 10 posts per day

Last Update: 15h ago

Headquarters: United States

Coverage Areas: United States

Publication Owner: Independent Company

Publication Timezone: GMT -5:00

Languages Covered: English

RSS Feed: Available (XML)

API Available: Yes

Website Security: Secure (HTTPS)

Publisher ID: #59

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