The US Treasury Department has declared a list of electric vehicles (EVs) eligible for tax credits, and fewer models made it to the list than in previous years. The new law enables consumers to use up to $7,500 in tax credits for eligible EVs. Sixteen new models and some of their variations are eligible for all or half of the new credit, while nine models are no longer eligible. The eligible cars are mostly made by the “big three” EV automakers in the US: Ford, General Motors, Stellantis, and Tesla. Hyundai and Kia’s EVs are excluded from the list of … Continue reading US Government Announces Shocking List of Eligible EVs for Tax Credits up to $7,500