The 2022 Inflation Reduction Act sparked a surge in EV battery plant investments across the U.S., but recent data shows a significant slowdown due to waning demand and political uncertainty.
The Inflation Reduction Act has restored the EV charger federal tax credit, offering incentives for home and business EV charging installations. However, the future of this credit is uncertain due to potential GOP tax plan changes.
Learn about the electric vehicle tax credit, including eligibility, income limits, qualifying vehicles, and how to claim the credit on your tax return.
