Treasury says 7,400 dealers have signed up for electric vehicle tax credit ...Middle East

The Hill - News
Treasury says 7,400 dealers have signed up for electric vehicle tax credit
source : The Hill ( Middle East ) () 5
The Treasury Department estimates more than 7,000 auto dealers have registered to provide the new point-of-sale tax credit for purchase of an electric vehicle beginning Jan. 1. In updated numbers, the department put the number of registered dealers at 7,400 nationwide, up from an estimate of 7,000 last week. The Treasury Department said that Rivian and Stellantis have both submitted eligible vehicle identification numbers (VINs) as of Friday.  While the department expects more automakers to submit VINs in the weeks ahead, “VINs not yet provided by manufacturers and available in IRS Energy Credits Online are not eligible vehicles as of January 1, 2024." It said "eligibility cannot

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