EV Incentives in the new IRA bill

Feds list electric vehicles eligible under new $7,500 tax credit program. Do you, and your dream EV, qualify?
San Jose Mercury News Article

SUNNYVALE, CALIFORNIA - MARCH 25: View of the rear logo of the 2021 ID.4 AWD Pro S photographed at the Sunnyvale Volkswagen dealership in Sunnyvale, Calif., on Friday, March 25, 2022. The ID.4 is Volkswagen’s new electric compact SUV. (Jose Carlos Fajardo/Bay Area News Group)
SUNNYVALE, CALIFORNIA – MARCH 25: View of the rear logo of the 2021 ID.4 AWD Pro S photographed at the Sunnyvale Volkswagen dealership in Sunnyvale, Calif., on Friday, March 25, 2022. The ID.4 is Volkswagen’s new electric compact SUV. (Jose Carlos Fajardo/Bay Area News Group)

The latest federal program to encourage electric vehicle purchases starts this week, offering the single largest financial boost available to buyers — a $7,500 tax credit — in hopes of cutting the use of fossil fuels. Click here to read the article.