Lucid Introduces the New $77,400 Air Pure RWD, a Sporty and Stylish EV Offering an Unsurpassed Combination of Range, Driver-Oriented Performance, and Design

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Go back to Lucid Introduces the New $77,400 Air Pure RWD, a Sporty and Stylish EV Offering an Unsurpassed Combination of Range, Driver-Oriented Performance, and Design

U.S. releases new guidance on EV tax credit rebate rules

October 6, 2023 10:26 AM EDT

The U.S. Treasury Department has issued fresh guidelines on Friday, outlining updated regulations that make it simpler for individuals to recover costs associated with electric vehicle purchases using the existing EV tax incentives.

Beginning on January 1, consumers will have the option to transfer these credits directly to a car dealership, effectively reducing the purchase price for the vehicle. This change is expected to potentially boost EV... More