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Under the new provisions of the Inflation Act, buyers of specific EVs and PHEVs bought and placed in service as of January 1, 2023 may qualify for up to US$7,500.to go through, including a cap on how much you earn ; you can’t resell the vehicle; the vehicles are capped at MSRPs of US$80,000 for vans, SUVs, and pickups and US$55,000 for other vehicles; have a battery capacity of at least 7 KWh; weigh under 14,000 pounds; and follow strict guidelines on where components are sourced and assembled.
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