2023 EV IRS Credit

The EV credit (aka Clean Vehicle Credit) qualification has become hugely complex based on the vehicle’s components and assembly location. The US Department of Energy has supplied a link to input the VIN number and see if the vehicle qualifies for a credit:

https://afdc.energy.gov/laws/electric-vehicles-for-tax-credit

Final Assembly in North America: To be eligible for the Clean Vehicle Credit, a vehicle must have undergone final assembly in North America. In general, North America includes the United States and Puerto Rico, Canada, and Mexico for purposes of determining the location of final assembly.

The Dept of Energy’s website suggests that the manufacturer of the vehicle is the best source to check qualification of a vehicle prior to purchase. [Note that VIN must be supplied when filing a tax return claiming the credit such that the IRS can confirm qualification.