Treasury Updates EV Tax Credit Vehicle Classifications
Ford, GM and Tesla SUVs to Qualify for Credit Under New Standards
The Ford Mustang Mach-E is one of the SUVs that now qualify for the IRA's EV tax credit following the Treasury Department update of vehicle classifications. | Ford
Feb 5, 2023
The U.S. Treasury Dept. updated its IRA qualification guidelines to base vehicle classifications on the model information listed on the car’s price sticker.