More EVs made eligible for revised $7,500 tax credit
labels, which should reduce confusion in addition to opening up new options for shoppers. Regulators are also looking out for those who already made a purchasing decision based on the older guidance.
"Customers who have purchased and placed in service vehicles since January 1, 2023, that qualify under the EPA Fuel Economy Labeling classification standard announced today and who satisfy the other clean vehicle tax credit requirements can claim the credit, including customers with vehicles that did not qualify under the prior EPA CAFE standard," the announcement said.
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