90 Seconds with AFS: EVs and the Inflation Reduction Act

The U.S. Treasury Department issued a revised list of electric and electrified vehicles that would qualify for up to $7,500 in tax credits for vehicles purchased on or after April 18th, 2023, under the terms of the Inflation Reduction Act (IRA). Passed in August of 2022, the IRA requires that manufacturers follow increasingly restrictive battery manufacturing rules so that customers can receive the tax credits for purchasing electric vehicles assembled in North America. For the YouTube video: https://www.youtube.com/watch?v=FpDgi3UkRBI&t=2s Find out how AFS can work for you: www.autoforecastsolutions.com Joe McCabe: [email protected] Sam Fiorani: [email protected]