The Inflation Reduction Act changes the availability of electric vehicle tax credits to only those assembled in North America. Several popular EVs — Hyudai Ioniq 5, Kia EV6, and BMW — i4 aren't eligible.
New Bill Aims to Expand EV Tax Credit
New legislation to raise the electric vehicle sales cap for automakers from 200,000 to 400,000 cumulative sales was proposed by a group of bipartisan lawmakers.
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