Connect with us

Hi, what are you looking for?

Fibonacci Tech News

We’re down to just a handful of EVs that qualify for the full $7,500 tax credit in the US

Photo by Andrew J. Hawkins / The Verge

The list of electric vehicles that qualify for the full $7,500 federal tax credit in the US has shrunk — considerably.

Thanks to new requirements about battery minerals and sourcing that kicked in on January 1st, only five battery electric vehicles are eligible for the full credit as well as one plug-in hybrid vehicle. A few more qualify for the $3,750 half credit. And that’s about it.

As you can see in the table below, the pure EVs that still qualify are as follows: the Chevy Bolt EV and Bolt EUV (soon to be discontinued and replaced with updated versions); two versions of the Ford F-150 Lightning; one version each of the Tesla Model 3 and Model X; and three versions of the Tesla Model Y. And don’t forget the Chrysler Pacifica PHEV,…

Continue reading…

You May Also Like

Fibonacci Stock News

In the previous technical note, it was categorically mentioned that while the markets may attempt to inch higher, they may not form anything beyond...

Fibonacci Investing News

Chris Edwards Many American cities need more low‐​income housing, but governments reduce supply and raise construction costs with regulations, taxes, and bureaucracy. The Wall...

Fibonacci Tech News

Illustration by Alex Castro / The Verge The question of who gets to regulate crypto has some answers, as a judge has ruled the...

Fibonacci Tech News

Image: Brazil Climate Summit At the moment I arrived at the Brazil Climate Summit event, it felt like home to me. As I opened...