How Do EV Tax Incentives Work?

AUSTINTOWN, Ohio – Federal tax incentives for consumers who buy electric vehicles that were rolled out last year as part of the Inflation Reduction Act have many potential customers scratching their heads.

What is the nature of these incentives? What do they cover? Which vehicles apply? How could a customer qualify for these incentives?

Although customers might be somewhat confused, manufacturers are not, says Greg Greenwood, president of Greenwood Chevrolet in Austintown.

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