[1970-01-01]

IMHO, the fed restrictions are extremely fair. Anyone that is unable to meet these requirements should not get a $7500 discount.

https://www.irs.gov/credits-deductions/credits-for-new-clean...

[bombcar]

The biggest requirement is that you have $7500 in taxes to offset with the credit, afaik it’s not refundable.

[1970-01-01]

That was the old credit. The new credit is just a big rebate check. Many manufacturers just discount the price of the vehicle by this much and pocket the check. It will begin January 1st 2024.

[pfannkuchen]

Why not? The incentive is intended to increase EV adoption, not to help people buy cars generally. I don’t see how extending the incentive to all income levels would work against the goal.