Why Some Electric Vehicle Buyers Aren’t Getting the Expected Federal Tax Credit
Last year, the U.S. amended its federal EV tax credit system to make it so that drivers could access the tax credit at the point of sale instead of paying full price and waiting months for the tax credit to kick in. However, while this change was praised for making the federal EV incentive much more accessible to buyers, it may have made it difficult for some buyers to have their EV purchase subsidized. A small number of buyers have been unable to access the tax credit due to missteps on the dealerships’ side even though they did everything as…
