US Treasury: Nissan LEAF, BMW, others lose full $7,500 EV tax credit, Tesla base Model 3 cut in half [Updates]
April 20, 2023
Following its delayed but long-anticipated battery guidance pertaining to federal EV tax credits, the US Treasury Department’s requirements are about to kick in, and it’s not great news for all prospective EV buyers. Beginning tomorrow, EVs from major automakers like BMW and Nissan will no longer qualify for any tax credits at the federal level, while Tesla’s base Model 3 is cut in…