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The 'bummer' of the $7,500 electric vehicle tax credit: Its full value may be hard to get

Por: CNBC Business October 15, 2022

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Tomekbudujedomek Moment Getty ImagesThe President Joe Biden signed in August offered a federal tax break — worth up to $7,500 — to households that buy new electric vehicles.But it may be tough for consumers to get the full value of the tax credit — at least initially.That's largely due to the structure of the clean vehicle credit and certain requirements for consumers and car manufacturers. Those roadblocks, however, are poised to... + full article



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