Buying An Electric Car In The U.S.? Here’s An Update On Those All-Important Tax Credits…

From Transport Evolved.

[Editorial note: due to lots of travel, and an unexpected update to Final Cut Pro that screwed our ability to actually load projects, this video is a few days late. We’re sorry]

At the tail end of last week, the U.S. Federal Government’s IRS updated its guidance on electric vehicle tax credits as set out in last year’s Inflation Reduction Act.

Here’s what we know from the new proposed rules, which, all being well, should become official tax code in just under two weeks’ time.


00:00 – Editorial Note
00:42 – Introduction
02:25 – The Inflation Reduction Act – and its changes to tax code
04:02 – A Half-Way House
06:02 – Income Limits
06:37 – Additional Requirements
07:13 – Proposed guidance suprises
07:44 – Changes to mining and refining
09:28 – Sliding Scales
10:40 – Final Assembly
11:54 – Examples of eligibility based on proposed rules
12:38 – What will change moving forward
12:57 – Thanks, and goodbye!
14:38 – Classic Mac Easter Egg


Script, Presenter: Nikki Gordon-Bloomfield
Editor, Colorist: Michael Horton
Art and Animation: Erin Carlie
Producer: Nikki Gordon-Bloomfield
© Transport Evolved LLC, 2023

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