Overview of EV Incentives and Tax Rebates

• The Inflation Reduction Act of 2022 has changed the incentives and rebates available for electric vehicles (EVs).
• It's important to check if a specific vehicle qualifies for the rebate or tax credit, as many vehicles are now ineligible.

Eligibility Requirements

• The final assembly of the vehicle must be in North America for it to be eligible for the Clean Vehicle Credit.
• The vehicle must be U.S.-produced to qualify for the tax credit.

List of EVs Assembled in North America

• Audi Q5, Chevrolet Bolt, Ford F-Series, Ford Transit Van, Mustang Mach-E, GMC Hummers, Jeep Vehicles, Lincoln, Nissan Leaf, Rivian, and all Tesla models are on the list.
• Some vehicles have already met their sales caps, meaning the tax credit may no longer be available for future sales.

Sales Caps and Eligibility

• It's important to check if your EV is still eligible for the rebate by confirming if the sales cap has been met.
• Some vehicles, like the GMC Hummer, Nissan Leaf, and Tesla models, have already reached their sales caps, while others, like the Chevy Bolt and Ford Mustang Mach-E, are still eligible.

Checking Your Vehicle’s Eligibility

• You can check the Vehicle Identification Number (VIN) to confirm if your vehicle is U.S.-manufactured.
• This list is a useful resource to determine if your EV qualifies for the tax credit.

Keep an Eye on Changes

• Laws may change, potentially expanding or limiting these incentives in the future.