EV Tax Credits, Tesla, Lucid, Rivian & VinFast: EV News Aug 18, 2022 via insideevs.com
and encouraged buyers to purchase a qualified EV before the new Inflation Reduction Act of 2022 became law. As long as the buyer was under contract, they would still qualify for the tax credit. It seems as though many manufacturers and consumers are still processing what this law entails.With The Inflation Reduction Act, there are certainly some positives, such as incentivizing more production in the US.
, a stretch of the country ranging from Michigan, Ohio, and Tennessee, down south to Georgia, Arkansas, Alabama, Texas, Arizona, and California. Many of the states will benefit from a giant economic boom from additional plants.
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