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The Independent UK
The Independent UK
National
Tom Krisher

See the EVs eligible for tax credits - and why most aren't

Copyright 2023 The Associated Press. All rights reserved.

Ten electric or plug-in hybrid vehicles will be eligible for a $7,500 U.S. tax credit, while another seven could get $3,750 under new federal rules that go into effect on Tuesday.

But under the Treasury Department rules and other provisions of last year's Inflation Reduction Act, most of the more than 60 electric or plug-in hybrids on sale in the U.S. won't get any tax credits.

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