"Revised EV Tax Credit Qualifications Limit Eligible Models to Only 6"

Only six pure electric vehicles (EVs) on sale in the US qualify for the full $7,500 EV tax credit, according to the Treasury Department's final list of eligible vehicles. To qualify, automakers had to prove that at least 50% of their battery components and 40% of their critical minerals were sourced from the US or its trade partners. The changes to the EV tax credit qualifications went into effect on 19 April. The move has raised concerns that the US's transition to EVs may be hampered by the unavailability of the full tax credit.