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New EV Tax Credit in 2022: What’s in The Inflation Reduction Act?

New EV Tax Credit

According to the Inflation Reduction Act, more vehicles are now qualified for the new EV tax credit in 2022. However, the requirements are now more challenging, and the $7500 tax credit is split into two parts depending on the battery minerals and components. The inflation reduction act (IRA) was signed recently by The United States … Read moreNew EV Tax Credit in 2022: What’s in The Inflation Reduction Act?