tldrdailynews.com logo

US-made EVs from VW and Rivian eligible for federal tax credit

1 min read
Source: Jalopnik
US-made EVs from VW and Rivian eligible for federal tax credit
Photo: Jalopnik
TL;DR

Volkswagen confirms that the US-built ID.4 crossover will be eligible for the $7,500 federal tax credit, which is a big deal for the brand as it has been betting big on electric cars lately. The base model ID.4 is one of the cheapest EVs on the market, but with just over 200 miles of range and a "meh" driving experience, it may not be the best option. However, this news expands the choice of affordable EVs for consumers in the US.

Topics:businesselectric-vehicles#electric-vehicles#evs#federal-tax-credit#id4#us-built#volkswagen
Share this article
  1. VW Confirms US-Built ID.4 Will Be Eligible for the $7,500 Federal Tax Credit  Jalopnik
  2. US Treasury: Rivian, Nissan LEAF, others lose full $7500 EV tax credit, Tesla base Model 3 cut in half [Update]  Electrek.co
  3. VW says Chattanooga-made 2023 ID.4 eligible for tax credit  Chattanooga Times Free Press
  4. Tax Strategy: Proposed regs for the Clean Vehicle Credit  Accounting Today
  5. Rivian gets back partial eligibility for EV tax credit  WGLT

Want the full story? Read the original reporting

Read on Jalopnik