US-made EVs from VW and Rivian eligible for federal tax credit
TL;DR Summary
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.
- VW Confirms US-Built ID.4 Will Be Eligible for the $7,500 Federal Tax Credit Jalopnik
- US Treasury: Rivian, Nissan LEAF, others lose full $7500 EV tax credit, Tesla base Model 3 cut in half [Update] Electrek.co
- VW says Chattanooga-made 2023 ID.4 eligible for tax credit Chattanooga Times Free Press
- Tax Strategy: Proposed regs for the Clean Vehicle Credit Accounting Today
- Rivian gets back partial eligibility for EV tax credit WGLT
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