The majority of EV purchasers eligible for a federal tax credit have gotten the credit as a point-of-sale rebate since that option was added at the beginning of the year, The Treasury Department said in a press release. As part of a revamp of the federal EV credit enacted under the Inflation Reduction Act (IRA), credits of up to $7,500 for new EVs... Feds: 90% of eligible EV purchases get tax credit at point of sale
The majority of EV purchasers eligible for a federal tax credit have gotten the credit as a point-of-sale rebate since that option was added at the beginning of the year, The Treasury Department said in a press release. As part of a revamp of the federal EV credit enacted under the Inflation Reduction Act (IRA), credits of up to $7,500 for new EVs...