So we can show you accurate state rebates on new electric cars.
Current State:
This vehicle model is no longer eligible for the federal tax credit as of President Biden’s signing of the Inflation Reduction Act on August 16, 2022, because its final assembly location is not in North America. Please see AFDC for more information. Hyundai is attempting to become a "qualified manufacturer" for the federal tax credit, please look at this IRS link for more information.
This vehicle does not currently qualify for a Clean Vehicle Credit because the manufacturer is still applying to be a "qualified manufacturer" with the Treasury and IRS.
Because this vehicle's final assembly location is in North America (link: AFDC) and its MSRP is below the limit (link: IRS), it qualifies for the federal Clean Vehicle Credit at $7500 until the Treasury and IRS release guidance related to the mineral content requirements of the Inflation Reduction Act. This guidance is expected in March 2023. At that point, the clean vehicle credit amount for this model may change.
This vehicle does not qualify for a federal Clean Vehicle Credit because its final assembly location is not in North America (see AFDC for more information)
Read Polestar's press release from June 2022, which indicates that the Polestar will be launched in October 2022.
Because this vehicle's final assembly location is in North America (link: AFDC) and its MSRP is below the limit (link: IRS), it qualifies for the federal Clean Vehicle Credit at $7500 until the Treasury and IRS release guidance related to the mineral content requirements of the Inflation Reduction Act. This guidance is expected in March 2023. At that point, the clean vehicle credit amount for this model may change. Check the trim levels to see which price cap it qualifies for
This vehicle does not qualify for a federal Clean Vehicle Credit because its final assembly location is not in North America (see AFDC for more information).The manufacturer is attempting to become a "qualified manufacturer" for the federal tax credit, please look at this IRS link for more information.
Because this vehicle's final assembly location is in North America (link: AFDC) and its MSRP is below the limit (link: IRS), it qualifies for the federal Clean Vehicle Credit at $6843 until the Treasury and IRS release guidance related to the mineral content requirements of the Inflation Reduction Act. This guidance is expected in March 2023. At that point, the clean vehicle credit amount for this model may change.
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