Are there any upcoming battery models that will qualify for the tax credit

Are there any upcoming battery models that will qualify for the tax credit

As of now, there are strict requirements for electric vehicles to qualify for the federal tax credit, including battery sourcing rules that came into effect on January 1, 2024. These rules have reduced the number of eligible vehicles, but as manufacturers adjust their battery sourcing, more models might become eligible throughout the year.

Currently Eligible Models:

Future Eligibility:

While there isn’t specific information on upcoming battery models that will qualify, automakers like Ford, Nissan, GM, and Tesla are expected to continue updating their battery sourcing to meet the eligibility criteria. You can check the EPA’s list for updates on vehicle eligibility as they become available.

To ensure eligibility, it’s crucial to check the vehicle identification number (VIN) for specific models, as different configurations may affect credit qualification.

Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/are-there-any-upcoming-battery-models-that-will-qualify-for-the-tax-credit/

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