On April 17, the U.S. Treasury announced that effective April 18, only ten electric vehicle (EV) models will initially qualify for the full US$7,500 tax credit available to U.S. new EV buyers. Seven models will be eligible for half the credit, or US$3,750. According to the U.S. Inflation Reduction Act (IRA) passed in 2022, a certain percentage … Continue reading Rivian Loses Access To New U.S. EV Tax Credits