What You Should Know About the New Federal EV Tax Credits
(Room Booth #7031)
29 Jan 23
11:00 AM
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11:30 AM
Last August, the Inflation Reduction Act of 2022 (IRA) established new federal tax credits for plug-in and fuel cell EVs. The Treasury and IRS are fleshing out how these new credits will work for purchaser-taxpayers, lessors, and dealers. Two NADA experts will review these credits in detail and suggest how dealers should educate customers on their application to EV sales and leases.
Learn specifics about the Section 30D Credit for New Clean Light-Duty Vehicles, the Section 45W Credit for Qualified Commercial Clean Vehicles, and the Section 25E Credit for Previously Owned Clean Vehicles. And gain insight on where to learn about state and utility EV sales incentives.