While President Biden is eager to accelerate the nation's rapid transition to electric vehicles, he'll only subsidize your EV purchase if you buy American. And the options right now are slim.
The Biden administration Monday released its list of EVs that qualify for a full $7,500 federal tax credit. Out of more than 90 EV models available today, only 10 qualify and they're all from American car companies.
Eight are all-electric, and two are plug-in hybrids.
