Qualified Vehicles
General Requirements
Have a battery capacity of at least 7 kilowatt hoursHave a gross vehicle weight rating of less than 14,000 poundsBe made by a qualified manufacturer.
Note that fuel cell vehicles do not need to be made by a qualified manufacturer to be eligible. See for more detailed guidance.Vehicles on this list will meet the above three requirements.
You buy the vehicle new. New means it hasn't previously been purchased, registered, titled, or used for any purpose.The seller reports required information to you at the time of sale and to the IRS. Sellers are required to report your name and taxpayer identification number to the IRS for you to be eligible to claim the credit.Final Assembly Requirement
The vehicle must undergo final assembly in North America.
Critical Minerals and Battery Component Requirements
MSRP Requirement
The vehicle's manufacturer suggested retail price (MSRP) can't exceed:
$80,000 for vans, sport utility vehicles and pickup trucks$55,000 for other vehicleshttps://www.fueleconomy.gov/feg/tax2023.shtml
there will be plenty of contracts on the way, if you don’t get the credits how can you compete on the US market.
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