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Hi Folks, Has it been confirmed that there will be an EV $7500 tax credit in 2016? Also will the 2016/17 Volt will qualify for the same $7500 credit? Thank You
 

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Hi Folks, Has it been confirmed that there will be an EV $7500 tax credit in 2016? Also will the 2016/17 Volt will qualify for the same $7500 credit? Thank You
To the best of my knowledge, nothing has changed. The current version of the tax credit doesn't have an expiration date - it is supposed to phase out over a few quarters after a manufacturer makes 200,000 qualifying vehicles - no one is close now, but Tesla, GM, and Nissan might be in a year or two. Subject as always to the will of Congress.

http://insideevs.com/top-15-faqs-income-tax-credit-plug-vehicles/
 
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