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The Volkswagen ID.4 will qualify for the full $7,500 EV tax credit, the automaker announced. The electric crossover SUV, along with its battery, is assembled in the US.
Volkswagen's U.S.-assembled ID.4 models will be eligible for a $7,500 tax credit this year, according to the German carmaker, after new U.S. Treasury requirements on battery sourcing came into ...
As a result, those three models that were ineligible unless they cost less than $55,000 are now eligible for the tax credit with sales prices of up to $80,000. ( Our guide to the EV tax credit has ...
On Wednesday, Volkswagen Group of America said a $7,500 federal tax credit is available on all its Chattanooga-built 2023 ID.4 electric vehicles placed in service this year.
That means that the 2023 ID.4 Standard model, with a 62 kWh battery, an EPA-estimated range of 209 miles, and a starting MSRP of $38,995, would cost $31,495 after the tax credit is applied.
While assembly of the Chattanooga-built Volkswagen ID.4 is restarting after a recall, the vehicle has lost the $7,500 federal tax credit for the purchase of the electric SUV, according to the ...
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