Evcsplus

We are extremely thankful for all of our veterans today, and every day, for their selfless dedication to the freedom of our nation.

The tax incentives are changing. Now is the time to secure your EV. Be prepared for your EV’s arrival with a home base EV charging setup from EVCSPLUS! Commercial property owners can cash in on large rebates through the EV Make-Ready incentive plan.

You can find us at the fair, JUST around the corner from the CenHud booth!

The Inflation Reduction Act is big news for electric vehicles since it includes changes to the current federal tax credit of up to $7,500 when purchasing an EV. The credit, now known as the , includes a provision that requires the final assembly of EVs to be in North America, which took effect on Aug. 16.

Additional provisions will go into effect on Jan. 1, 2023 and include:

- Extending the existing $7,500 tax credit for new cars for 10 more years regardless of how many vehicles a carmaker sold (the tax credit currently expires when a car maker sells more than 200,000 total EVs);

- Income limits and price limits that aim to prevent subsidies going to wealthier buyers and luxury cars;

- Introduction of a tax credit of up to $4,000 for a used EV (also with price and income restrictions).

In addition, sourcing requirements (battery materials) begin in 2023 and ramp up in future years.

In the long-term, the law aims to encourage sales and shore up supply chains. For a list of vehicles with final assembly in North America, go to: https://afdc.energy.gov/laws/inflation-reduction-act

Here’s a more detailed summary of the law’s provisions for EVs with additional changes: https://bit.ly/CH_EV_TAX

Wondering if you’d save by switching to an EV and want to buy before Jan. 1? You can compare the cost of charging with cost of filling a tank of gasoline on our website: https://bit.ly/3SYGd3B