Living With Climate Change
New restrictions favoring U.S. manufacturing mean that only certain EV makes and models qualify for the up to $7,500 tax credit. Others can earn partial credit.
The new Chevrolet Blazer EV SS was displayed at the North American International Auto Show in Detroit in September. GM, as well as Ford and Tesla, were clear winners in the updated list of EV tax breaks from the Biden administration.
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The Biden administration, pushing for more U.S. manufacturing, has issued its updated list of all-electric and gas-electric hybrid vehicles that qualify for the full $7,500 tax credit, and those that can earn at least a partial sweetener for buyers.
With the update, at least 17 models are now eligible for a full or partial tax credit, based on new thresholds that require a certain percentage of the battery parts and the minerals used in those batteries to come from North America, meaning the U.S., or a country with select…
