Aptera › Community › Aptera Discussions › More information on the future of EV Tax Credits in the US… › Reply To: More information on the future of EV Tax Credits in the US…
MemberAugust 12, 2021 at 6:30 pm
It not law yet but below is what I just found & may not apply to Aptera.
As investors had expected, the budget reconciliation bill removed the 200,000-vehicle cap in what looked like a win for the industry. But it was too soon to celebrate. On Wednesday, the Senate passed an amendment that grants the $7,500 credit only for EVs that cost less than $40,000, and only if the buyer earns less than $100,000 a year.