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Status of EV Credit?

 
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Heather14
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Status of EV Credit?

Per  Energy.gov:  "The federal Internal Revenue Service (IRS) tax credit is for $2,500 to $7,500 per new EV purchased for use in the U.S. The size of the tax credit depends on the size of the vehicle and its battery capacity.  To find out specific tax credit amounts for individual vehicles, visit FuelEconomy.gov’s Tax Credits for Electric Vehicles and Tax Credits for Plug-in Hybrids pages.  This tax credit will be available until 200,000 qualified EVs have been sold in the United States by each manufacturer, at which point the credit begins to phase out for that manufacturer. Currently, no manufacturers have been phased out yet. "

You can visit the following link to check out the Electric Vehicle credits for your specific state: 
https://energy.gov/eere/electricvehicles/electric-vehicles-tax-credits-and-other-incentives

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