The Inflation Reduction Act changes the availability of electric vehicle tax credits to only those assembled in North America. Several popular EVs — Hyudai Ioniq 5, Kia EV6, and BMW — i4 aren't eligible.
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The credit for zero-emission heavy-duty trucks and buses over 14,000 lbs. would equal 10% of the sales price. The credit would be a boon to buyers of electric trucks from new manufacturers.
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