The U.S. Department of Energy has released a full list of all the 2022 and early 2023 model year vehicles that may be eligible for tax credits after the Inflation Reduction Act of 2022 was signed by President Joe Biden. Controversial changes made to the tax credit mean EVs and hybrids must now be made in North America to be eligible. A price cap of $80,000 has also been introduced and the income of a single buyer cannot exceed $150,000, and $300,000 for couples. Furthermore, the batteries of vehicles will need to have at least 40 per cent of their materials sourced from the U.

https://www.carscoops.com/2022/09/these-are-the-only-21-vehicles-that-may-be-eligible-for-bidens-new-ev-tax-credits/

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