Are there any upcoming models from major brands that will qualify for the tax credit

Are there any upcoming models from major brands that will qualify for the tax credit

Yes, there are several upcoming models from major brands that are expected to qualify for the federal EV tax credit. Here are some examples:

  1. 2025 Acura ZDX: This is Acura’s first electric vehicle and is eligible for the full $7,500 tax credit. It shares a platform with the Honda Prologue and is based on GM’s Ultium platform.
  2. 2025 Cadillac Lyriq and Optiq: These models are expected to be part of the eligible list for the tax credit, although specific details about their eligibility might depend on meeting the new sourcing requirements.
  3. Tesla Models: The 2025 Tesla Cybertruck and Model 3 are eligible for the $7,500 tax credit, provided they meet the pricing cap of $80,000.
  4. Hyundai and Kia Models: These brands have several models eligible for the tax credit in 2025, though specific models and trims must meet the pricing and sourcing criteria.
  5. Chevrolet Equinox EV and Silverado EV: Certain trims of these models, like the LT and RS for Equinox EV and LT for Silverado EV, are eligible for the tax credit.

Keep in mind that eligibility can change based on factors like battery sourcing and pricing caps. The EPA continuously updates the list of eligible vehicles as manufacturers adjust their production to meet the new requirements.

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

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