U.S. says more Tesla, Ford, GM EVs eligible for tax credits

The Treasury had said in December it would use Environmental Protection Agency CAFE standards to determine whether a vehicle was a car or SUV for EV tax credit purposes but will now use the "consumer-facing EPA Fuel Economy Labeling standard ... this change will allow crossover vehicles that share similar features to be treated consistently."

Alliance for Automotive Innovation Chief Executive John Bozzella praised the decision "that clears up some EV tax credit confusion and instantly helps customers shopping ... for an electric crossover or SUV."to reconsider classification of the Lyriq to allow it to qualify, said the change "will provide the needed clarity to consumers and dealers, as well as regulators and manufacturers.

Tesla Chief Executive Elon Musk tweeted last month the EV tax rules were "messed up." The five-seat version of the Tesla Model Y is not considered an SUV, while the Model Y seven-seat version is and can qualify for the credit. Musk raised the issue with White House officials during a meeting last week, a person briefed on the matter said.The Treasury in December said it would not issue proposed guidance on battery sourcing rules until March, effectively giving some EVs not meeting new requirements a few months of eligibility in 2023 before the battery rules take effect and drawingOur Standards:

Why is our tax credit system only designed to help the manufacturers of this is sold to the public as a benefit for US for getting an electric car!? It’s time for the media to stop withholding part of the story here

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