News Snapshot:
The IRS released a list of electric vehicles that still qualify for the full $7,500 federal tax credit after strict new guidelines, announced back in March , officially go into effect on April 18th. The list is very short, as just six EVs now qualify under the new terms. The updated rules pertain to EV batteries and cut out China as an approved trading partner, so we knew the vehicle list would shrink, as most electric vehicles use batteries manufactured in China or by Chinese companies. If you want to get that full tax credit, choose from the Cadillac Lyriq,...
