$7,500 US federal tax credit for EVs renewed for next 10 years with big changes

08 August 2022
The US Senate has voted for the Inflation Reduction Act which included EV tax credit regulations - good news is the tax credit stays for next 10 years and it has been improved.

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Well interesting news even i am not US citizen but European means Slovakia.
I am glad that country like US pushed more towards everything green.
By the way hope that the idiott Trump will be sentenced, prosecuted and jailed for all his ccrimes and hideous machinations also from stealing important documents from white house which he couldnt.

Anonymous, 09 Aug 2022While the bill has a lot of other issues, it seems to get it right on this. It may in fact pus... moreInteresting topic is if most of the buyers actually need an SUV :)
I personally would be quite happy for Model 3 LR - 4 people, dog, some luggage and still room to spare. The efficiency is quite nice.

  • Anonymous

While the bill has a lot of other issues, it seems to get it right on this. It may in fact push manufacturers with models at the upper limit to price lower. And yeah, most of the Model X buyers will not be swayed by the tax credit :) It's really the best SUV out there, by the way, if you can afford it.

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